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Subtle Changes in Your P&L Statement Mean A Lot

Subtle Changes in Your P&L Statement Mean A Lot

by RuthKing | Feb 23, 2026 | Business Finance, Financial News, P&L

Your P&L statement tells a story about your business. Even small changes in revenue, expenses, or margins can signal deeper issues. Learn how to identify trends early and keep your business financially healthy.

The Top 10 Reasons you WANT to Look at Your P&L and Balance Sheet

The Top 10 Reasons you WANT to Look at Your P&L and Balance Sheet

by RuthKing | Feb 10, 2026 | Balance Sheet, Business Finance, Financial News, P&L

Your P&L and balance sheet reveal the true financial health of your business. Learn the top 10 reasons every business owner should review these key financial statements regularly.

The Top 10 Reasons Not To Look At Your P&L And Balance Sheet

The Top 10 Reasons Not To Look At Your P&L And Balance Sheet

by RuthKing | Feb 3, 2026 | Balance Sheet, Financial News, P&L

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...
Death by 1,000 Cuts – Not Paying Attention to Accounts Receivable

Death by 1,000 Cuts – Not Paying Attention to Accounts Receivable

by RuthKing | Dec 1, 2025 | Business Practices, P&L

Accounts receivable may seem like a routine administrative task, but ignoring it can slowly damage your company’s cash flow. This article explains why business owners must actively manage receivables to maintain financial stability and avoid long-term financial strain.

4 Signs Your P&L is Wrong

4 Signs Your P&L is Wrong

by RuthKing | Mar 31, 2025 | Financial News, P&L

Identify critical inaccuracies in your profit and loss statements with our guide on the 4 key signs something is amiss.

5 Ways to Go Broke Even if Your P&L Says You Earned a Profit

5 Ways to Go Broke Even if Your P&L Says You Earned a Profit

by RuthKing | Jan 20, 2025 | Financial News, P&L

Your P&L shows a profit, but your bank account says otherwise. Learn the hidden financial missteps businesses make that could lead to bankruptcy—and how to avoid them.

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