http://www.strategicinheritance.com/blog/estate-planning/profits-a-working-definition/ Maximize Your Legacy Tue, 15 Nov 2011 23:31:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.strategicinheritance.com/blog/estate-planning/profits-a-working-definition/comment-page-1/#comment-739 John Holzmann Fri, 28 May 2010 18:44:48 +0000 http://www.strategicinheritance.com/blog/?p=767#comment-739 I think my point has little to do with size of profits (larger or smaller) and everything to do with <em>form</em>: cash . . . or something else. . . . In the case where all the books have been sold and, therefore, turned into cash, the company owners, hopefully, will enjoy the use of more cash than they would if they had sold only half the books. Of course, they might still have no cash, and they may actually have no profits at all, if they weren't watching their expenses closely enough! . . . I think my point has little to do with size of profits (larger or smaller) and everything to do with form: cash . . . or something else. . . . In the case where all the books have been sold and, therefore, turned into cash, the company owners, hopefully, will enjoy the use of more cash than they would if they had sold only half the books. Of course, they might still have no cash, and they may actually have no profits at all, if they weren't watching their expenses closely enough! . . .

]]> http://www.strategicinheritance.com/blog/estate-planning/profits-a-working-definition/comment-page-1/#comment-738 Ernest Holzmann Fri, 28 May 2010 04:42:19 +0000 http://www.strategicinheritance.com/blog/?p=767#comment-738 Maybe I miss your point, John? In your example, let's suppose that ALL the books had been sold during the year. Is the company's profit smaller (following your reasoning) — or bigger (as seems more reasonable)? PLease, point to the error in my thinking... Thanks! Maybe I miss your point, John? In your example, let's suppose that ALL the books had been sold during the year. Is the company's profit smaller (following your reasoning) — or bigger (as seems more reasonable)? PLease, point to the error in my thinking… Thanks!

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