Last time we took a quick look at three financial reports: Balance sheet Income statement Statement of cash flows We talked about how you should read/review each of these monthly like reading the financial GPS to your repair shop’s finances. How financially healthy is your shop? Not-so-subtle hint, if you haven’t talked to your bookkeeper […]
Ok, this is going to be a long post but it’s an extremely important one for business owners of all sizes. Today, we are going to talk about cash flow forecasting. The main reason I chose this topic today is because of the current situation that has business owners across the world wondering if they […]
There can be a lot of confusion when it comes to all of the different financial reports that a business needs to look at in order know if it is operating at peak performance. The balance sheet is just one of the top three financial reports that every business owner should be looking at. The […]
