The Financial Security Bible: The Comprehensive Guide on How to Manage Your Finances and Increase Your Wealth Successfully
It's essentially how much cash you have on hand and when. So if you have a ton of cash on hand at the beginning of the month when you pay bills, you're great but if you don't have cash on hand when it's time to meet payroll, you're up a creek.
Cash has nothing to do with profit. Profit is what you get when you subtract expenses from sales. Cash is what you use to pay the bills. You can have a very profitable company but very little cash on hand. So you're probably saying, that's okay because when I don't have cash on hand, I just use credit. Great, credit can be a workable short-term solution but let this solution get away from you and you're paying interest (the cost of cash) which can pile up and pull you down under.
In this audiobook, you will learn The Comprehensive Guide on How to Manage Your Finances and Increase Your Wealth Successfully.
