Understanding Financial Statements

Presented by:  Royal Ross—Rice County SBDC Counselor
 
· Can your Cost of Goods Sold indicate employee theft?
· Why are your utility bills so much higher this year than last year?
· Is this really what you spend on insurance?
· Are your labor costs too high?
Learn how you can use your Profit & Loss Statement to analyze how your business is operating—even when you’re not there.  Improving the efficiency of your business doesn’t have to be hard, you just need to know what to look for.