What are three factors affects the cashflow business profitability?
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Taxes - You must either set aside money or pay chunks of taxes as you go to avoid the April surprise (or October surprise if you extend how long you stick your head in the sand)
Debt - Lines of credit are crack cocaine for entrepreneurs: get off the drug as soon as you can
Core Capital - retain after-tax profits until you reach your core capital target, which s generally defined as 2 months of operating costs in cash with nothing drawn on the line of credit and your anticipated taxes set aside
Distributions - Reap your reward and finally take after tax profits to diversify your wealth outside of the business.
Make it brainlist answer to get point.
Debt - Lines of credit are crack cocaine for entrepreneurs: get off the drug as soon as you can
Core Capital - retain after-tax profits until you reach your core capital target, which s generally defined as 2 months of operating costs in cash with nothing drawn on the line of credit and your anticipated taxes set aside
Distributions - Reap your reward and finally take after tax profits to diversify your wealth outside of the business.
Make it brainlist answer to get point.
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