Kitchen Notes: A Podcast by Bakery Business Academy

← Kitchen Notes: A Podcast by Bakery Business Academy24. Apr. · 22 Min.

Cash Is King for Small Bakery Businesses - Why Your Income Statement Shows a Profit, But Your Bank Account Is Empty

Cash Is King for Small Bakery Businesses - Why Your Income Statement Shows a Profit, But Your Bank Account Is Empty24. Apr.22 Min.

Episode Show Notes: It’s the end of the month, and you’re sitting down to review your sales reports and Profit & Loss statement… You open up Quickbooks or download the P&L that your bookkeeper or accountant sent over and see a profit. GREAT - pop the champagne, right?! Not so fast … you hop over to your bank account, log in, and (record scratch) … your stomach drops. Sound familiar? You're not bad at math, and nobody is stealing from you. What you're experiencing is a ca...