The Difference Between Making a Profit and Making Money | Ep 263

Know your numbers, fix your cash flow, and build a business that works for you. Schedule a call with us. Most business owners look at the bottom of their income statement, see a profit, and assume the business is doing well. That number ignores one of the biggest costs in the business: invested capital. In this episode Steve breaks down the difference between accounting profit and economic profit, why invested capital changes the whole picture, and how looking only at the P&L can le...