Quote by Source Unknown

Profits are an opinion, cash is a fact.

Profits are an opinion, cash is a fact.

Summary

This quote highlights the importance of cash flow in business rather than focusing solely on profitability. While profits may be subjective and influenced by various factors such as accounting tactics or market conditions, cash flow is concrete and represents the actual amount of money coming in and going out of a business. It emphasizes the need to prioritize cash availability and liquidity to maintain the financial health and sustainability of a company, as opposed to fixating solely on profits that may not always translate into immediate monetary value.

Topics

Money

By Source Unknown

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