Small Business Financials

Learn to Read a Profit and Loss Report

What you’ll learn
How to read financials in a small business
Profit and Loss
Balance Sheet
Statement of Cash Flow

Requirements
If you are a business owner or manger looking to sharpen your skills reading financial statements this class is for you.

Description
A recent study of small business owners conducted by Intuit uncovered surprising results. The study found that 40% of small business owners consider themselves to be financially illiterate. At the same time, 81% of them are doing their business finances themselves. Lets break these numbers down. If 40% are financially illiterate, and 81% are handling their own finances, this means that 32.4% of those handling their own finances are ill-equipped to do so. The number of small businesses operating in 2010 was 27.9 million. Therefore, a total of about 5.9 million businesses are operating without a strong financial rudder. Understanding your business finances helps ensure you can withstand downturns. It will allow you to take advantage of opportunities that arise and increase the business’s chances of succeeding.

On the other hand, if you are financially illiterate, your business will eventually run into problems, such as allowing expenses to increase to a point where profits are minimal. In some circumstances, business owners fail to include the correct amount of taxes on their profit and loss statement. Failure to understand federal and state tax requirements or to keep accurate records can lead to trouble with the Internal Revenue Service (IRS), your state, or both. Understanding these requirements and keeping proper records can minimize your risk of being audited or penalized by the IRS. Having clear and complete business records will increase your chances of success if you are audited by the government. At the start of a businessâ€™ lifecycle, suppliers want fast payment for inventory. If your products are sold on credit, it can be months between the time of making a sale and getting paid.

Who this course is for
Small business owners and managers

HOMEPAGE

https://anonymz.com/?https://www.udemy.com/course/small-business-financials/

DIGITAL DELIVERY ONLY

This is digital product THE DOWNLOAD LINK SEND 12-24 HOURS AFTER UPON PURSUASE AND PAYMENT CLEARS"

The digital files are uploaded on PCLOUD
12-24 hours delivery time
the download links expire after 7 days and need to download them
to renew the download link after expiration have one additional fee $5 per product

REQUESTS

Also we accept requests (in this page) and course exchanges

In Course exchanges we are sending credits only

The credits will be the same price as we can sell course

"REFUNDS & RETURNS"

No Refunds on digital product

ONLY EXCHANGE

Because of the abuse of the refunds from many customers i don't accept refunds
We accept only 1 time exchange with product of the same price
if you done mistake on the exchangeable product i don't recognize it as your mistake
Exchanges only 3 days after the payment of your digital product. (if abused again i will do it 1 day)