HOW CAN I BUILD A FINANCIAL SAFETY NET?

How can I build a financial safety net? This is something that many investors and small business owners worry about. Both encounter distinct challenges, especially regarding financial stability in a volatile economic landscape. Establishing a strong financial safety net is not merely wise; it’s vital for your survival and growth. By proactively building this safety…

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UNDERSTANDING FINANCIAL STATEMENTS

Profit and Loss

It is a statement of what your business/company owns (assets) and owes (liabilities).  Assets include things like bank accounts, inventory (stock) property, cars, computers, money owed to you (debtors) etc.

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