Tag: Financial Statements

  • Are you really profitable?

    This article is part of the newsletter OpenBooks crafted by LiquidCFO and was originally posted in Substack. You can access the original content here. Not such an obvious answer in your financials. Let’s understand why…. A lot of startups and businesses hide behind the concept of economies of scale. This concept helps them justify short term losses…

  • Cash is (and will always be) king

    This article is part of the newsletter OpenBooks crafted by LiquidCFO and was originally posted in Substack. You can access the original content here. Cash is king. No surprise that cash management is also called treasury. A business with no profits but with cash in the bank should be fine – but a business with profit…