Everybody knows the difference between profit and cash-flow right?
Afraid not and there are some really costly implications from this misunderstanding whether it be in your finance, operations or management teams.
Five issues that commonly occur are employee fraud, employee inefficiency, aged care receivables, divisional bonfires, and over-payments - and the worst thing is that they can go undetected for years, costing business owners millions - and they never even know it.
So that’s where we start. It might shock you to know there’s somewhere between $30K - $2M in your business right now that’s in breach of process - we guarantee it.