#profitversuscashflow

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6 years ago

Small Solutions... Big Results (No. 1)

Phil Friedman · THE FIRST IN A SERIES OF RETROSPECTIVES THAT LOOK BACK AT THREE DECADES OF FINDING VALUE-ENGINEERED SOLUTIONS... · Preface:  This article begins a series that looks back at various value-engineered solutions to problems encountered by the author in the course of several decades ...

6 years ago

A Competitive Edge Is Never Forever

Phil Friedman · CALL IT RESTING ON YOUR LAURELS OR SITTING ON YOUR BUTT, FAILURE TO KEEP ADAPTING EVENTUALLY ENDS IN BEING LEFT BEHIND ... · Competitive edge: the fact that a company has an advantage over its competitors ... · Cambridge English Dictionary · Having a "competitive edge" ― also ...

6 years ago

Net Profit vs Cash Flow

Phil Friedman · UNDERSTANDING THE DIFFERENCE BETWEEN PROFIT AND CASH-FLOW IS ESSENTIAL TO THE SUCCESSFUL OPERATION OF A SMALL BUSINESS... · Preface: This post is not intended as an instructional manual for accountants or bookkeepers, but rather as a conceptual guide for small-business operators ...

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