20. Understanding Your Business's Cash Flow

10/26/23 • 12 min

The cash flow statement is one of the three standard financial statements for businesses. Yet it's an engima for many business owners. It's typically the least used and understood of the 3 standard financial statements. Yet it's a vital tool to helping you understand how your business generates and uses cash flow.
And that understanding and knowledge is key to managing your cash flow.
Join me for this week's episode where I help you understand your cash flow statement. You'll learn:

What the cash flow statement is and how it's different from the other financial statements
The 3 activities that drive your cash flow
Why the cash flow statement is important

Mentioned in this episode:

For the full show notes, including the transcript, go to www.carlamoats.com/podcast/episode20
This episode was produced by The Podcast Teacher.

DISCLAIMER: The information in this podcast is for informational purposes only and does not constitute an accountant-client relationship. While we use reasonable efforts to furnish accurate and up-to-date information, we assume no liability or responsibility for any errors, omissions or regulatory updates.

10/26/23 • 12 min

Purposeful Profit - 20. Understanding Your Business's Cash Flow

Transcript

Hello there, and welcome back to the Purposeful Profit podcast. I'm Carla Moats, your host, and I am a fractional CFO and financial consultant for small business owners. My mission is to help you make more profit and improve your cash flow in your business. I am back this week talking about cash flow. Like I said last week, almost 70% of businesses say they have cash flow issues, and that's closer to 95% when they come to me, and 82% of businesses that fail will fail due to cash flow issues. S

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