Understanding your financial statements is connecting to your business story. Your financial statements are your business stories, the words those stories are made up of numbers. Figuring out what they mean can be a daunting task for any business owner.
Understanding your story helps you see how your business is performing financially. Above all this gives you clarity and insight into your past, present, and future.
Financial statements are the documents that show how much money your business has made or lost, and whether it’s growing. They also give you an idea of where to focus your efforts in order to grow. If you don’t understand them, they can be confusing and overwhelming. But I think once you listen to this podcast, they won’t seem so scary anymore!
After listening, you’ll have a basic understanding of what these financial documents are all about, and what they mean for your business. You’ll feel more confident when talking with accountants or other professionals who work with numbers. Furthermore, knowledge is power! So why not take control of something as important as your finances? It could make a huge difference in how successful (or unsuccessful) your business becomes down the road.
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Above all, Understanding your financial statements gives you more control over your business, then Listen to find out more. Businesses, start-up to established, private to social enterprise need to understand what their numbers are saying. This podcast will help. Listen to find out more.
Furthermore, my mission is to inform, inspire and educate you to get closer to your numbers. You can make more profits, save tax and time, improve your well-being and your money mindset.
Help me to help you and others by subscribing and sharing this episode in your network. Listen now and subscribe to I Hate Numbers, so I can send it straight to your inbox every week with all the latest updates.