KYBN - Understanding Your Profit and Loss Statement

  Understanding Your Profit and Loss Statement In today's episode:  The cornerstone of knowing your business numbers begins with your business report card – Your Profit & Loss Statement.  It is important that you know some of the key areas you should be looking at each month. Let's walk through a typical P & L statement and how you can use to understand your profitability. Increase Your Profits by Understanding Your Business Numbers   QUOTE OF THE WEEK: "Fears are nothing more than a state of mind" – Napoleon Hill   ~~~~   The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.     HELPFUL LINKS   Youtube Channel – Training for Local Small Business Owners Join the Badass Local Small Business Owners Facebook Group! Leave a Question, Show Suggestion/Idea for the Show: Ask a Question Email me at [email protected] Visit the Local Small Business Coach website Thinking of Getting a Coach? Check out my work with me page Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business   WHO THIS PODCAST IS FOR: local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams