Understanding Your Company's Financial Statements

Idea Videos

Jan 7

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Learn more about what your financial statements tell you about the health of your small business. Steve will help you review your profit and loss statement for three key areas. First is the income section. Look at the gross income. Second look at the cost of goods sold, and the third is the expenses section or selling, general and administrative expenses (SG&A). This crucial data to know as a small business owner. Understanding your financial statements is key to your business's success.

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