Welcome to our series on Business Turnaround tips. In the last post, we covered the Cash Flow statement. I’d recommend you read that first before this one – check it out here. In this Balance Sheet 101, I’m going to cover the very basic elements of a Balance Sheet; and what to look out for…
Welcome to our series on Business Turnaround tips. In the last post, we covered the Profit & Loss statement. If you haven’t that yet, then I highly recommend you do so. In this post, I’m going to do a very basic overview of the Cash Flow statement. In this Cash Flow Statement 101, I will…
Welcome to our series on Business Turnaround tips. In this post, I’m going to do a very basic overview of one of the financial statements – the Profit and Loss statement (otherwise known as the P&L statement). In this Profit and Loss Statement 101, I will show you the purpose of the profit and loss…