Introduction To Financial Statements (Part 1)

Financial statements are important as they show you where your money comes from, where your money is, and where your money has gone in your business.

As a business owner, it is imperative to keep a close eye on your financial position. It may not be as sexy as developing new products or marketing campaigns but it is necessary to your business’s survival.

The good news is you do not need to be an accountant to read financial statements. The basics of accounting are simple. If you can follow a story, you can learn basic accounting. So, anyone can learn to read basic financial statements. Read more