Profit 2 Cash

42. Financials 101


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Financials 101


As a business owner I believe that it is very important to understand your financial reports and the information that they are revealing to you.

In today's podcast episode I do a deep dive into the 4 main reports that are the most important for you to understand, review regularly and analyse to ensure everything is in order.

The four reports are the:
1. Profit & Loss Statement
2. Balance Sheet
3. Cash Flow Report
4. General Ledger

Which report do you look at the most?

Is it the one I believe is the most important?

Listen in to find out.

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Profit 2 CashBy Phoebe Dray