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Bookkeeping Essentials: Understanding Your Profit & Loss Statement
9/16/2020
1:30 PM - 3:00 PM

Event Description
Join Zoom Meeting
https://us02web.zoom.us/j/82397180719
Meeting ID: 823 9718 0719

Presented by
Coleen Morris
Sutter Buttes Business Services

Understanding your Profit & Loss (P&L) is vital to small business it also serves as the Income Statement.  Your P&L is the most popular and most common financial statement in any business plan.  It's the financial statement that bankers and investors will flip to first when reviewing your business plan.  The P&L tells you if your company is profitable or not.
  • Critical elements of a Profit & Loss
  • What are Revenue, Sales and Profit and when do I use these numbers?
  • Profit & Loss as an Income Statement
  • Where are the losses? - How to tell if you're spending more and earning less
  • More Revenue is not growth - How do I tell the difference?