What Makes Drawings a Business Risk?
Have you ever heard of the saying about “Robbing Peter to pay Paul?” Well let me introduce you to Peter… also known as Your Business.
So, your business is profitable, but you never seem to have any cash in the business?
While there could be several reasons for this, one of the common themes that I see as an accountant, is that the owner is pulling out more cash than the business is making.
Got a question about your business? Get in touch