Making Sense of Financial Reports
Most people stare at their financial statements like they're written in another language. The numbers are there, but what do they actually mean? And more importantly, what should you do about them?
This is probably the most common issue we see. Business owners get quarterly reports from their accountants, nod politely, and then make decisions based on their bank balance instead.
Our Approach:
- Start with the three core statements and what each one tells you
- Learn to spot red flags in your cash flow before they become crises
- Understand which ratios matter for your specific industry
- Practice interpreting real statements from businesses like yours