More in Profit and Loss
When you’re running a small business, inventory is your lifeblood and your main asset. But as products move through your business at different rates, inventory can get very complicated. Managing your accounts is a balancing act. You can’t have an excess of inventory tying up your cash and taking up precious space. At the [...]
Creating a profit and loss statement is essential when attempting to understand just what is going on in your business. Intuit QuickBooks shows you how.
Get a profit and loss guide from Intuit QuickBooks as they take you through the basics of running your company and staying profitable
A profit and loss statement (income statement) recaps a company's income and expenses. Get a free income statemtent template, example, and guide here.
The challenge is clear… more than anything else, research shows that UK clients want their accountant (i.e. you) to be genuinely proactive. The rewards for rising to the challenge are also clear - when you are genuinely proactive you will earn higher profits because your clients will be much happier, so they will buy many [...]