Here are the top 10 excuses I get for not looking at the company’s P&L and
Balance Sheet:
1. I have cash in the bank – that’s all I need to know.
2. I like surprise tax bills.
3. They are not accurate so why should I waste my time?
4. I hate numbers.
5. It’s not my thing.
6. I didn’t start my business to look at a P&L and balance sheet.
7. Balance sheets are worthless and a waste of time.
8. I didn’t go to school to learn accounting.
9. I don’t have time.
10. I rely on my bookkeeper, accountant, or someone else to do it.
If you have more reasons, email them to me.
None of these are reasonable excuses. If you want a growing profitable
business and something of value when you stop working, then get rid of these
excuses! Get rid of the fear of the unknown.
The Good news – Looking at your business P&L and balance sheet doesn’t
have to be about the numbers anymore.
You can have your bookkeeper update the graphs when she prepares your
financial statements – you don’t even have to do the work – you look at the
results.
You DON’T have to look at numbers anymore. With Financially Fit Business
you can watch the graphs and see the business trends – no more looking at
numbers unless your trends are going the wrong way.
www.financiallyfit.business
And, we can help along the way.
Look at your financial statements. Operate your business profitably. Have an
asset that significantly impacts your life and the lives of your family and
employees.
____________________________________________________________
How financially fit is your business?
Click here to take this one-minute assessment.
This Week’s The Financially Fit Business Podcast:
Implementing Financial Advisory Services – Part 2
In this four-part series I discuss the reasons why to start and how to implement your financial
advisory program. In part two I give you ideas on how to contact your ideal potential advisory clients to set up an exploratory meeting and what to expect when you contact them.
Books/Audios that could help your business and you
AI Search Revolution describes the next phase of search. Google is no longer enough. If you don’t want to read it, give it to your marketing team and make sure that they are following the suggestions so that your company doesn’t get lost in the AI search world.
Click here to order on Amazon:
This is my Amazon affiliate link. I get a small commission. You do not pay extra for the book.
Proven Operations Manuals
- Best Practices to Operate a Profitable Business
- Customizable
- HVAC, plumbing
- Residential and Commercial
Click here to get started.
Financial Statements Matter
Written in English rather than accounting babble, discover what your balance sheets and profit and loss statements are really telling you. Make better business decisions based on accurate, timely financial statements.
For Retail businesses: Click Here
For Service businesses: Click Here
For Home based businesses: Click Here
For HVAC and Plumbing businesses: Click Here
For Irrigation/Landscaping businesses: Click Here