Very often the difference between Profit and Cash Flow can make or break a business.

To define in simple terms, profit is what is left of revenue once expenses are paid. Many believe this is what should be in the bank... if only! More usually the profit may be used to invest in new equipment, pay loans and help expand the business. And let's not forget the “T” word, yes you also have to pay taxes out of profits. And then after all that, the owners, with any luck, will get their slither or hopefully a chunk of the pie...