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Why profit doesn't equal cash!

Jun 25, 2017

Why profit doesn't equal cash! - Latest Advice from Wagner Mason

Ever wondered why if you’ve made a profit of £50k why there isn’t £50k in your bank account?

The reason is something called 'working capital' which is the cash tied up in the day to day running of the business.

Watch the video below to see the benefit on the 'cash in your business' by managing your working capital.

Written by Nick Mason - Director, Wagner Mason Accountants.