Profitability & Cash Flow: What’s the Difference and Why is it Important?
Profitability and cash flow are two important business concepts that can be confused by many small business owners. Understanding the difference is crucial since just because a business is profitable, doesn’t necessarily mean it cash flows. Also, a business can have positive cash flows and not be profitable.
Minnesota farmers’ bottom lines remain strong despite challenging year
Minnesota farms saw continued financial improvement in 2022, despite global uncertainty, inflationary pressures and lingering drought conditions across much of the state.