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STOP FIXING REPORTS AND START FIXING THE CYCLE (THE ACCOUNTING AND FINANCE OPERATING CYCLE)
Published 2 months ago • 4 min read
Every business owner has a “we’re fine” story they tell themselves. The P&L looks okay. The bank balance is not terrible. Payroll clears. And then one weird week hits and it gets real fast. A chargeback. A delayed customer payment. A surprise tax bill. A key employee quits. Nothing “changed” on paper, but suddenly you are white knuckling cash. That is not bad luck. That is a system that is too thin. Today we’re talking about a business owner who found himself in a bad situation and the...
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