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May 24, 2026

Why Profitable Businesses Run Out of Cash (And What It Reveals About Your Structure)

Three financial intelligence shifts that separate businesses built to survive from businesses built to look good on paper By Vladan Nikolic, Founder, Effecta Consulting Introduction: The Accounting Illusion The business was profitable every year it existed. It also ran out of cash. Both things are true. This is not unusual. It is, in fact, a…

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