
073 | Cash Flow for Sole Proprietors
We would like to take a moment and shine a light on Cash Flow for entrepreneurs and small businesses operating as a sole proprietorship. One thing we hear often are the words "Cash Flow" used synonymously with the word "Budget". Although they are both effective planning tools for your business, they serve different purposes. So, let's get a definition of Cash Flow. What is it? According to Dictionary.com, it is: "the sum of the after-tax profit of a business plus depreciation