September 2022

Hi there fellow business owners, Your financial reports tell you the story of your business; allowing you to interpret the results of your business activity. The better you understand your financial reports, the better your decision-making and results will be. We want to share the benefits of understanding your numbers, give you an overview of …

Guide to Your Financial Reports: Tips For Starters Read More »

Hi there fellow business owners, Your Statement of Profit & Loss, or Income Statement, tracks the overall performance of your business. It begins with the Gross Profit from your Trading Account then lists all overhead expenses, giving you the Net Profit. Your Net Profit (or loss) is the amount left over after all expenses have …

Guide to Knowing Your Numbers In Your Business: Statement of Profit & Loss Read More »

Hi there fellow business owners, Your financial reports tell you the story of your business; allowing you to interpret the results of your business activity. The better you understand your financial reports, the better your decision-making and results will be. We want to share the benefits of understanding your numbers, give you an overview of …

The Importance in Knowing Your Balance Sheet Read More »