Fan favorite and Profit First Professional’s Chief Profit Guide, Billie Anne Grigg, is back because it is an episode ending in “5!” Today, we guide you through the differences of utilizing Profit First as a “Cash Management System” vs. “Accounting Systems” like Quickbooks — including how they work together, but more importantly understanding how and why the terminology may sound the same, but have different meanings. This episode is a must for entrepreneurs and small business owners who want to be in the top 17% of their peers because they have cash in the bank to correlate to their profitability and more importantly embrace OWNING THE FINANCIALS of the business they own. BONUS: We guide you through Income Statements (aka P&L’s), Balance Sheets, Statements of Cash Flow, and more!