Lendinero's blog on Growing Your Business
If you own a business and you want to learn how manage business cash, you need to watch The Profit. The profit offers struggling small businesses capital investment. One of the things that I like most about The Profit is that Marcus Lemonis really focuses on business cash. It is surprising to see how many businesses out there look so great from the outside but they are deadly on the inside. What do I mean by this? I have seen businesses that generate $200,000 to $500,000 per month. At the end of the month the bank accounts close out with a negative closing balance or a low closing balance. If you are doing this you need to think twice about what you are doing. A business that runs on low fuel is like running a car on low fuel. If you cannot find the next gas station, you may be stranded in the middle of the street. The Profit, shows businesses who face this dilemma on how to turnaround these cash flow issues. If you want to learn about how manage business cash, watch the profit on CNBC.
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