When entrepreneurs and small business owners have problems, they grit their teeth, hitch up their pants, and work harder, when they should be working smarter. Knowing how to understand and apply the numbers on your financial statements is the first step to working smarter. IN THIS HANDBOOK YOU’LL LEARN: • What your financial statements can tell you about how to successfully manage your business. • How to understand your balance sheet—the most telltale financial statement of all. • How to use your profit-and-loss statement to determine your business’s direction. • How to understand and forecast cash flow while avoiding the three giant suckers of cash.
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