It is scary to me how many business owners cannot read their own company financial statements let alone understand them. Any business owner who wants to grow their business should have at least a basic understanding.
So here we go:
The two basic Financial Statements are the Balance Sheet and the Profit & Loss Statement or P & L.
I’m going to let you in on a secret to getting more done. I truly believe it has helped me be more successful than ever in the past year. It may sound counter intuitive. It may not even be logical.You might have a violent emotional reaction to the idea. But it works.
For most business owners, getting paid quickly is critical. It can also be extremely difficult. We have all experienced the frustration of investing time, energy and funds into a client job only to be left spending more time which is your margin following up on collections!
It seems that some people have never clarified what a perfect day would be for themselves. You have to have aim and intention to have a phenomenal day. It’s not that you can’t go with the flow, the bumps, the bruises, the struggles and hardships of life, but when you’re experiencing those you can still experience them from a place of presence, peace and enthusiasm.