Cash flow is all the money going through your business on both the income and expense sides of the ledger. Every penny needs to be accounted for so you are in total control of your business.
Profit is the money left over after expenses are subtracted from sales. So this means a business can be profitable yet have insufficient cash flow. Alternatively, there can be sufficient cash flow yet the business may be making a loss. Give me a call if you need more help here.
As Certified Practicing Accountants, Cashflow and Profit/Loss projections are our bread and butter..