Your voice matters! Help us improve The Cashflow Contractor Podcast.Take our quick survey to shape the future of the show. Share your feedback and ideas in just a few minutes. Click the link below:https://forms.gle/NDVDbYzDj6uKiQ127Thank you for being part of our community!Khalil and MartinThe Cashflow Contractor Podcast--------------------------"How come I can make a profit but don't have any cash?" It's a frequent dilemma for many business owners.  It’s a common dilemma for a lot of business owners. If you're one of them, pay attention as Martin outlines the 4 reasons why you make money but don’t have any! Time Stamps00:19 - Episode Intro00:48 - The Profit Problem02:32 - 4 Reasons You Make Money But Don't Have Any03:07 - You Haven't Been Paid Yet04:09 - You Spent the Money Repaying Debt04:44 - You Spent the Money Buying Assets05:27 - You Took the Money as Draws07:22 - Addressing the Problem08:58 - Why Do I Have Excess Cash?11:34 - Episode TakeawaysQuotable Moments from Martin“If you're losing money, it will definitely affect your cash ultimately, and you need to do something about that.”“When you sell something to a customer on credit, you're in effect lending them money.”“Repayment of debt is not an expense, so it doesn't reduce your profitability. But, it does consume cash.”“What you bought with borrowed funds may or may not be an expense, but paying back debt is never an expense.”“The salary you earn as wages is an expense and reduces profit. The money you take out as draws is a distribution of profit. It doesn't reduce profit. It is a distribution of profit.”“If you don't know why you have excess cash, then you're likely, or at least prone, to misspend it.”“There are times when cash will exceed your expectations. And when that happens, we need to understand why it happened. So that we don't misspend the money and come to regret it when we need it later on.”ResourcesNeed Marketing Help? We Recommend BenaliWatch On YoutubeFollow On Social: LinkedIn, Facebook, InstagramSubscribe To Our Newsletter, The CountdownHave Questions? Email usMore from Martintheprofitproblem.comannealbc.com   Email MartinMeet With MartinLinkedInFacebookInstagramMore from Khalilbenali.com Email KhalilMeet With KhalilLinkedInFacebookInstagramMore from The Cashflow ContractorAsk Us A QuestionSign Up For A Free Consultationthecashflowcontractor.com Email The Cashflow ContractorLinkedInFacebookInstagram