![]() LCD TVs explained: What's the difference?When shopping for a new TV, two terms come up a lot: LED and LCD. NHRA Champ Antron Brown Is Making a Difference Just Ask Justin AshleyBrown, through his Accelerate driver development program, is not afraid to give a leg up to drivers who might even turn out to be his toughest rivals. Philadelphia Eagles QB Jalen Hurts talks to GMA about making a difference off the fieldWith the new season set to get underway, Hurts talked to GMA3 co-anchor DeMarco Morgan about the work he's doing off the field to give back to the community. Criminal defense attorney Joseph Tully joined CBS News to explain why. Understanding the Georgia special grand jury reportA judge has released the Fulton County special grand jury's full report on interference into the 2020 election in Georgia and it recommended bringing charges indicting more people than were ultimately arrested in the case. Instead, the prosecutor told the Judiciary Committee chairman that he doesn't know what he's talking about. Prosecutor to Jim Jordan: ‘You lack a basic understanding of the law’Fani Willis could've simply ignored Jim Jordan. While profit represents the money your business earns after all expenses are paid, cash flow refers to the actual cash coming in and out of your business. You likely understand that profit and cash flow are two crucial components of a successful operation. ![]() ![]() Increasing revenue and profit enables the business owner to grow and expand the business, making it more resilient to economic challenges. Profitability is a vital concern for all businesses, providing a measure of the business's overall success. Profit and its importance Profit is the income earned from sales after deducting expenses like cost of goods sold, rent, payroll, and other expenses. Without cash flow, your business may struggle to cover its daily expenses, leading to cash flow problems and ultimately, business failure. Having a good cash flow enables the business owner to pay for ongoing expenses such as rent, salaries, inventory, and other business expenses. Cash flow is critical for the business's day-to-day operations, particularly for small businesses. The good news is that there are ways to prevent cash shortages. Operating a profitable business requires understanding the difference between cash flow and profit.
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