“Where’s My Profit?!” - Why Your Bank Balance Doesn’t Match Your P&L Artwork

Money First CEO

How do you build a business that truly supports your life?

I’m the Money First CEO. Over the past 5 years, I’ve grown a sustainable 6-figure business and built a 7-figure investment portfolio, not by working harder, but by managing money differently.

This podcast shares the real habits, honest lessons, and simple strategies that helped me and can help you build a business that puts profit and peace first.

If you’re ready to feel more confident with your cash and create long-term stability, you’re in the right place. New episodes every Monday.

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Money First CEO

“Where’s My Profit?!” - Why Your Bank Balance Doesn’t Match Your P&L

February 06, 2026 • Harman • Episode 38

0:00 | 6:53

In this episode of Money First, CEO, Harman Johnston delves into the common issue business owners face when their profit and loss statements don't align with their bank account balances. Harman explains the crucial distinctions between profit and cash flow, and outlines five key reasons for these discrepancies, including timing differences, large purchases, loan repayments, taxes, and how owners pay themselves. She provides actionable steps like reviewing accounts receivable, planning for big expenses, creating a tax account, and using cashflow trackers to help business owners better manage their finances. The episode emphasises the importance of putting money first to gain clarity, confidence, and financial control.

00:00 Introduction to Money First, CEO

01:00 Understanding Profit vs. Cash

02:17 Reasons for Profit and Cash Discrepancies

04:30 Managing Cash Effectively

05:16 Final Thoughts and Action Steps

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Website: www.blubookkeepers.com.au
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