Hellow guys, Welcome to my website, and you are watching Understanding a Profit and Loss Income Statement for Beginners. and this vIdeo is uploaded by Be a "PROFITABLE" Badass Business Owner at 2021-06-02T07:00:31-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Understanding a Profit and Loss Income Statement for Beginners |
| Video Uploader | Video From Be a "PROFITABLE" Badass Business Owner |
| Upload Date | This Video Uploaded At 02-06-2021 14:00:31 |
| Video Discription | Are you new to learning your business numbers? Curious as to what this thing called a P & L is? Wondering what this income statement is that your bookkeeper / accountant has been giving you? Your profit and loss income statement is one of the most critical pieces to your small business. It is your businessβs report card. Yes, there are a lot of numbers on it, but it doesnβt have to be hard. It is actually easy to understand as it is just showing you the flow of money in and out of your business. Letβs take a quick look at what a profit and loss incomes statement is and how you can learn to read it in just a few minutes. Here is a blank P&L that you can plug in numbers to create one. However, keep in mind that your bookkeeping system probably has the best one, but this can help you get started. I'll look at creating an even better tool in the future but this should at least help get you started. - https://babolearning.com/blankPandL ----------------------------- WANT TO DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS? π Grab Your Free Know Your Business Numbers Reference Guide: https://babolearning.com/KYBNReferenceGuide π Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com ----------------------------- WANT MORE? HERE ARE SOME OTHER VIDEOS TO HELPβ¦ π Pricing Your Products Correctly β https://youtu.be/AQ_mUb1E9MQ π Pricing Your Services Correctly - https://youtu.be/doAKxyRa4pM π How to Read a Profit & Loss Statement - https://youtu.be/x6qdKGnWE0w ----------------------------- PLAYLISTS TO CHECK OUT: π Learn How to Read Your Profit & Loss Income Statement: https://www.youtube.com/playlist?list=PLkSR9dYanvV1YssoiyqLBUlgxYy2hYADj π PLAYLIST: Pricing Your Products & Services https://www.youtube.com/watch?v=X89AFodPA3U&list=PLkSR9dYanvV0yWIzfFldB1sGx7Dfmn3Do3 π PLAYLIST: Learning Your Business Numbers Better: https://www.youtube.com/playlist?list=PLkSR9dYanvV1tPjNcLppOPDDBn6i4Sdzw ----------------------------- FREE GUIDES / TOOLS π FREE eGuide: 8 Steps to Earning $100,000 in Income in your small business - http://bit.ly/8Steps100k π FREE eGuide: How to Read a Profit & Loss Statement - https://bit.ly/ReadPL π FREE Start Up Guide for Starting a Business - https://bit.ly/BusinessStartUpGuide π Free Business Health Check: https://localsmallbusinesscoach.com/businesshealthcheck π Free eBook: 10 Questions to Ask in Your Business https://bit.ly/10QuestionsBiz ----------------------------- Books I Recommend to All Small Business Owners β 5 Must Reads π Profit First by Mike Michalowicz β https://amzn.to/3nBsCRC π eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR π Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS π The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7 π The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi ----------------------------- COURSES to HELP YOU π Understanding Your Business Numbers - http://KnowYourBusinessNumbersCourse.com π Start a Local Small Business β http://StartASmallBusinessCourse.com ----------------------------- TOOLS TO HELP YOU RUN A BETTER BUSINESS π Housecall Pro: https://babolearning.com/housecallpro - Straightforward software for home service pros. Work simpler and grow smarter with Housecall Pro. Easily manage payments, link to Quickbooks, scheduling, dispatching, and more--all from one, convenient platform. Easy to Learn. Want more efficiency in your business? (not gonna lie β affiliate link) π But I do believe in itβs ability to help your business! ----------------------------- MORE: π Check Out the Website: https://babolearning.com π Listen to the Badass Business Owner Podcast π Want to Help Support the Channel? Click the Super Thanks! ο ----------------------------- π DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better π DISCLAIMER: I am not an attorney, CPA, bookkeeper, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. Iβm sharing my experiences with my businesses and those I have worked for and/or helped coach. ---------------------------- Local Small Business Owners are the Backbone of All of Our Communities! #BABOLearning #KnowYourBusinessNumbers #SmallBusinessOwner |
| Category | Education |
| Tags | entrepreneur | small business tips | know your business numbers | learn your business numbers | understanding your business numbers | how to increase profits in a business | increase business profits | increase revenue | profit and loss | income statement | profit and loss statement | financial statement | income statement explained | income statement tutorial | financial statements | p&l statement | how to read an income statement | understanding an income statement |
