How do you read financial statements?
As the business owner, you don’t need to do the books yourself, or even understand the finer details. But it’s vital that you understand the basics.
If you’re a business owner that has survived for any length of time then you’ve proven that you have a gut feel for the key numbers that drive your business.
But unless you start to not just understand the basics of financials, but learn to take action as a result of what they’re telling you, then you could well be setting yourself up for a lifetime of stress and frustration.
If you find it embarrassing to ask your accountant or employees basic questions, this video could well give you the vital information you need.
Watch Video Two: Financial Statements Demystified
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