Accounts Cash Flow Fixed Costs Operations 
Monday Task Management
MARCH 15, 2022
You’ll often hear people talk about income statements, a statement of operations, a statement of earnings, a statement of profit and loss — well, they all mean the same thing. But creating a profit and loss statement is a challenge — especially if you’re running a small team without a full-time accountant. You’re not alone.
Chief Executive
MAY 26, 2022
Here’s the gist of Charan’s recommendations: • Remember that cash is king. Manage your business “on the basis of cash, not on the basis of accounting,” Charan said, reminding his audience that Jeff Bezos built Amazon into a multi-billion-dollar company partly by putting cash on the throne of his operating philosophy.
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