Lesson 7 - How to Use an Income Statement to Know Your Worth

Feeling overwhelmed by your business’s finances? You’re not alone. The world of numbers, spreadsheets, and financial jargon can be intimidating, but it doesn’t have to be. We created the Know Your Worth course to give you the simple, clear guidance you need to take control of your business’s financial future.

We’ve made this course completely free because we believe every small business owner deserves a solid financial foundation. Our simple guide to finances will walk you through everything you need to know, in a way that’s easy to understand and even easier to apply.

Lesson 7
An income statement, which is sometimes called a profit and loss statement, is an important tool for small business owners. There are several reasons why it's important for you to read your income statement on a regular basis, and I'll discuss the main reasons in this lesson.

In today's lesson, our goals are:

Understand how to read an income statement.
Use an income statement to determine your worth.
Analyze an income statement to continually grow your business.

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