Have you ever felt like no matter how much money comes in the door?

You just can't keep up with the cost of running your business.

In other words, you feel broke.

Less than half of the small businesses that opened between 1994 and 2020 made it past five years.

But that doesn't have to be your story.

And today, John Falcons from the Entree leadership team is going to help you answer three important

questions when your business feels broke.

Okay, let's start with Dave's first question.

What's the real problem when your business is growing,

but you're not making more money?

Revenue's in a good place, but cash flow and profit are not.

If you're not sure what the differences are between those three terms,

don't worry, we're going to break it down in a super simple way.

Let's start with revenue. Your total revenue is all the money that your

business is bringing in from the products you're selling or the services that you're providing.

So, its revenue is actually your income. Think of it this way. If you run an a lemonade stand,

and you're selling a lemonade for $3 a cup and you sell

20 cups, well, that's making $60 of revenue. Moving on to profit. Profit or net profit is the money

that you have left over after you've subtracted all your expenses from your revenue, including taxes

and interest payments, which hopefully is not a problem if you're operating a lemonade stand.

So if you earn more than you spend, you've got a profit.

But if you spend more than you earn, then you've got a loss.

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