Whilst I know most of us as business owners have heard the term Profit and Loss, or P&L or even income statement in our time (well at least I hope most of us have) … this conversation is more of a way to reignite the discussion around your P&L, to give it a little more life that perhaps it’s been given now.
You see, this conversation was spawn from the many discussions I have with business owners, who know they have one, know it’s important and all, but aren’t doing enough with it. Knowing what I know about a profit and loss statement, it would be remiss of me to not have this discussion, as I know so many are missing out on the wealth of knowledge that can be found in them.
So in this episode, we’ll explore what a profit and loss statement is, why it is indispensable for you as a small business owners, what critical elements it contains, and what invaluable insights you can derive from it.
Take a listen … A x
Key links mentioned throughout the episode
- Profit & Loss Template www.amybajada.com.au/pandl
- Getting started with Xero Mini Course www.amybajada.com.au/xero
- Getting started with Quickbooks Mini Course www.amybajada.com.au/quickbooks
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Nikki Glaser Podcast
Every week comedian and infamous roaster Nikki Glaser provides a fun, fast-paced, and brutally honest look into current pop-culture and her own personal life.