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How to Create a Profit & Loss Sheet from Scratch

A Profit & Loss (P&L) statement, sometimes called an income statement, is one of the...
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Top Financial Management Certifications to Advance Your Career

In a competitive financial services landscape, certifications can make the difference between being a competent...
Close-up of financial documents, including an expense report, invoice, and charts, with a pen and calculator.

Direct vs Indirect Cash Flow Methods: Which Should You Use?

Cash flow statements are the backbone of meaningful financial conversations. Choosing between the direct and...
Two colorful binders labeled “Cash Flow” and “Profit & Loss” are stacked on financial charts with a pen and calculator nearby.

What Does Cash Flow Mean in Business? A Simple Breakdown

Cash flow is one of the most talked-about and least understood concepts in small business...
People reviewing financial reports and charts at a table with CASH FLOW highlighted in bold across the image

Free Cash Flow Margin: What It Is and How to Use It

Free cash flow margin is the percentage of revenue left after a business pays for...
Business team gathered around a laptop in a modern office meeting

Cash Flow Planning Tips for Advisory Professionals

Cash flow is the lifeblood of every small and mid-sized business. For accountants, bookkeepers, and...
Using Accolade Anchors to Keep Clients Motivated

Using Accolade Anchors to Keep Clients Motivated

One of the most powerful lessons Cash Flow Mike teaches is this: math alone doesn’t...
Start With the End In Mind Why Goals Should Guide the Math

Start With the End In Mind: Why Goals Should Guide the Math

Advisors know the drill. A client sits down, opens their financials, and immediately wants to...
Calculator displaying “CASH FLOW” next to financial charts, symbolizing business budgeting and financial planning.

Direct vs Indirect Cash Flow: Pros and Cons Explained

Understanding how cash moves through a business is essential for operational stability, growth, and valuation....
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Net Cash Flow from Operating Activities: Definition and Example

Understanding net cash flow from operating activities is fundamental for anyone evaluating a company's short-term...

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Mike Milan
Founder, Cash Flow Mike