How Do I Use My Financials Statements To Make Better Business Decisions?

In This Episode

Every business owner we meet has some form of financial statements. That includes everything from handwritten notes to electronic records in an accounting system. So when we ask new clients to bring and Present their financial statements in one of our first meetings, we know they will bring something but we aren’t sure what they will bring or what they will say.

One of the most common questions we hear from small business owners is “how do I use my financial statements?“ Unfortunately too many owners give up before getting a clear idea for how to use their financials to help them make better decisions in their business. Everything from when and how to hire your next key employee to how to dig out of debt to how to talk with a potential buyer of your business. These and many more questions can be answered by utilizing your financials.

During tonight’s show we provided several real-world examples for how to utilize your financial statements to make better decisions in your business which included several stories from our clients. If you find yourself scratching your head wondering what all these numbers on your financial statements are trying to tell you, tonight’s show is for you!

People, Companies and Resources We Mentioned in the Show

Jim Halpert from The Office (https://en.m.wikipedia.org/wiki/Jim_Halpert)

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