It’s a lament heard all around the business world, and a common refrain in accounting offices – “What do you MEAN I made a profit. My bank account is empty. WHERE HAS ALL THE CASH GONE?!”
I suppose it’s possible than an employee at your bank committed mass fraud, and is currently en route with your cash to a non-extradition nation. The more likely scenario however is that the Cash is actually hiding in plain sight, floating around your financial statements including that most mysterious beast the Balance Sheet.
And there’s nobody better to answer your question, and empower you to manage your cash differently or at least understand it better, than Blackboard Fridays favourite John Knight.
If the size of your bank account has you feeling down, let this week’s episode give you a lift by watching it here.