The 9 Most Important Financial Numbers Explained
Check out our summary of the 9 most important financial numbers you need to know, and why your small business should watch them regularly
Check out our summary of the 9 most important financial numbers you need to know, and why your small business should watch them regularly
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3. Profit and Loss<br />
Your Profit & Loss (P&L or income) statement is crucial, as it<br />
gives you a snapshot of the financial status of your business. In<br />
order to calculate Profit & Loss:<br />
company revenue – company expenses = profit or loss<br />
If this numbers comes out to be positive, that means your<br />
business has made a profit. If negative, however, your business<br />
has made a loss.
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