Your Financial Statements – Profit and loss

Profit and Loss Let’s continue this week with your income statement also known as profit and loss (the P&L) for your company.  Your P&L is a summary of your income and your costs and expenses for a set period of time, typically done monthly or quarterly...

Your Financial Statements – The Balance Sheet

Balance Sheet You didn’t start your business or become the head of an organization because you are a financial expert. You are there to grow and succeed. The accounting, bookkeeping and financial aspects of your business are important to how you run your...