If you run a business, or want to run a business, welcome to The Business Project Podcast!
In this episode we cover:
Financial Statements:
We will touch on the most widely used financial statements and why every business owner should know how to read them.
- Statement of Cash Flows
Your cash flow statement, or statement of cash flows, shows the money that
goes in and out of your small business. Cash flow statements only record the
actual cash you have.
- Profit And Loss
Shows you your business’s profits and losses over a certain period of time.
- Balance Sheet
Your business balance sheet tracks your company’s financial progress and is
broken down into three parts:
Assets
Liabilities
Equity
Helpful resources mentioned in this video:
Patriot Payroll/Accounting
https://www.patriotsoftware.com/?pc=R244022&utm_source=cfdservicesinc&utm_medium=link&utm_content=accountantpartner&utm_campaign=royalty_program
5 Marketing Tips for $0:
https://thebusinessproject.com/5-marketing-tips-for-0/
Simple Steps to Launch Your Business:
https://thebusinessproject.com/28-steps-to-launch-your-business/
VIDEOS FOR GROWTH AS A BUSINESS OWNER
https://thebusinessproject.com/
Subscribe to the podcast:
https://thebusinessproject.com/podcast/
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Today's Sponsor:
CFD Services Inc is a one stop shop for small businesses in need of Business Consulting, Bookkeeping, Payroll, and Tax services. With over 12 years experience in the financial services industry, we know what it takes to have a solid foundation. Let us be your partner in growth.
CFDServicesInc.com
Next topic: Start Up Financing
