Thread: Cafe Ruling
View Single Post
  #10  
Old 02-16-2008, 03:34 AM
Unreal Unreal is offline
Senior Member
 
Join Date: May 2000
Location: Chattanooga, TN, USA
Posts: 1,335
Thanks: 1
Thanked 77 Times in 48 Posts
Default Re: Cafe Ruling

I know in my little company, we spend 11 months trying to maximize profits, and then spend December trying to find ways to reduce them. (particularly in "non-cash" ways) Profit is what you pay taxes on; Cash is what you pull out to spend. So you want to minimize profit, while maximizing cash, which usually means a hit to the balance sheet (of little consequence, unless you are trying to borrow money, or sell the company)
Reply With Quote