Aug 18
Hello there. So my question is around the differences between profits and cash flows. What's the difference? What's more important? Should I focus on profit or for-profit company or profitable company, or should I really focus on a free cash flow company. I don't really understand that. Anyway. Thank you.
Daniel Flores
Aug 29
Hi Hector! I am co-founder of a last mile logistics company. In order to incentivize customers and vendors, for the duration of our beta program, we are deferring the delivery fee to the customer and the marketing fee to the vendor, respectively. Technically, we are discounting a portion of their bill. Any advice as to how to account for this discounted money from the bill? Any legality or particularity that might apply would be appreciated.
Cara