Do you ever wonder where all the cash is if you’re profitable? Why aren’t profits and cash flow the same? My guest today will explain.
Austin Moffat is with DSO CFO, which came from Founders who were working with dentists that were missing out on key financial aspects of their business. When budgets were impossible because of mis-categorized expenses or tax planning was off because we were waiting for Financial Reports, we decided to take our expertise and codify solutions that make sense for Multi-Practice Groups. Started by a small group of professionals working in the dental industry, DSO CFO is the culmination of years of observing and helping our friends and colleagues to be more financially sound. DSO CFO makes financial transparency and strategy achievable.
In this episode Carl White and Austin Moffat discuss:
- What is profit and cash flow?
- Why are they different?
- Simple ways for a practice owner to keep track of both
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Connect with Austin Moffat
https://www.linkedin.com/company/dso-cfo/mycompany/?viewAsMember=true
Connect with Carl White
Website: http://www.marketvisorygroup.com
Email: whitec@marketvisorygroup.com
Facebook: https://www.facebook.com/marketvisorygroup
YouTube: https://www.youtube.com/channel/UCD9BLCu_i2ezBj1ktUHVmig
LinkedIn: http://www.linkedin.com/in/healthcaremktg