[A Downloadable by Truevo]
One of the most immediate challenges that you’ll need to tackle as a small business owner, is financial management. And if you don’t have a financial background or are not particularly fond of crunching numbers, the process can be quite intimidating.
First things first. What you essentially need to determine from the early days is whether your business is making or losing money. And to do that, you need a profit and loss statement.
Also referred to as an income statement, this tool provides a snapshot of a business’s financial position. Our finance team has collated a useful profit and loss statement that’s ready to go. Download it here. And don’t worry, we are allergic to spam so we promise not to spam you either.