Understanding Your Profit & Loss Statement and EBIT/EBITDA
OVERVIEW If you don’t prepare your own Profit &Loss Statement , you may not understand what yours are trying to communicate about your business’ financial performance. Many of the business owners and senior executives I’ve worked with over the past 10 years came to me with stacks of reports they never even looked at because none of it made any sense to them! profit and loss statement WHY SHOULD YOU ATTEND Understanding your P&L’s is vital to small business because it also serves as the Income Statement. Whether it’s time to apply for business credit or a loan, or time to sell your business, you’ll need to bring your P&L’s for going back 2 to 3 years. This webinar will help you understand the terms, format, and Key Performance Indicators of Profit & Loss statements. AREAS COVERED Critical elements of a Profit & Loss What are Revenue, Sales, and Profit and when do I use these numbers? Profit & Loss as an Income Stateme...