video1.0<iframe src="https://www.loom.com/embed/fd6d5d4dc49e428a8c2706e35da4b865" frameborder="0" width="1728" height="1296" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>12961728Loomhttps://www.loom.com12961728https://cdn.loom.com/sessions/thumbnails/fd6d5d4dc49e428a8c2706e35da4b865-987d944857915ba9.gif1324.011In this video, I discuss the crucial concept that net income does not equal cash, which is a common misunderstanding among business owners. I share my experience that 82% of businesses fail due to a lack of understanding of cash flow, emphasizing that your profit and loss statement can be misleading. I introduce a cash flow model as a decision-making tool to help you predict cash inflows and outflows, allowing you to make informed financial decisions. I invite you to reach out for a cash flow model template and a Loom video tutorial to help you implement it in your business. Additionally, I offer my Bomba newsletter for weekly insights on making small tweaks for big results.