A profitable business doesn't always follow through to positive cashflows. In fact a business that grows too quickly will inevitably run into cashflow shortages and having cash in the bank doesn't always mean you are making a profit.  

If there is one thing the pandemic has taught us and that is that many small businesses aren't built to withstand major disruptions to revenue. 80% of firms reported that pandemic-related business challenges impacted the owners’ personal finances according to a Small Business Credit Survey conducted by the Federal Reserve Banks in 2021.