Banking for Profit: How to Structure Your AccountsIntroduction: Why Your Bank Account Is Lying to You

Ask any small business owner how their business is doing, and nine times out of ten, they’ll glance at their online banking app before they answer.

If there’s money in the account, they feel good.
If the balance looks low, panic sets in.

But here’s the truth: your bank account is lying to you.

That big number you see? It’s not all yours.

• Some of it belongs to the government (taxes).

• Some belongs to your suppliers and vendors (expenses).

• Some belongs to your team (payroll).

By the time everyone else takes their piece, what’s left for you is usually scraps—if anything at all.