042. Your Business Makes Money. So Why Can’t You Pay Yourself?

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042. Your Business Makes Money. So Why Can’t You Pay Yourself?

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Your P&L says the business is profitable. You’re booked. Your employees and vendors are getting paid. So why is there never enough money to pay yourself? In this episode of Profit Isn’t an Accident, Shannon Howard of Denali Edge Consulting breaks down one of the most frustrating problems contractors and trades business owners face: the difference between making a profit on paper and actually having cash in the bank. You’ll learn why profitable businesses can still struggle with cash flow, where cash may be going without appearing as a normal expense, how job profitability problems can quietly drain the business, and why treating the owner’s paycheck as optional can hide a much bigger problem. Your homework Pull your P&L for the last 12 months and write down:

Your net profit
How much you actually paid yourself for the work you performed
How much cash is in the bank today

If those three numbers don’t make sense together, don’t settle for “the money just disappears.” It went somewhere. If this exercise exposes a gap you can’t explain, reach out to Shannon and send the word CASH. Profit Isn’t an Accident helps contractors and trades business owners find the financial and operational problems keeping them busy without becoming more profitable.

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