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Do you understand your Profit And Loss?
May 20, 2022
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Your Profit and Loss Statement shows a list of all income and all expenses in a particular date range.
If you are running accounting software such as MYOB or Xero, then you should be entering in all of your invoices as soon as they are raised, and the bills when they come in, and then...
Profit is a Habit, not an event
Apr 29, 2022
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Did you know that business owners need to get paid for their business too?
If you have read the Profit First book (or heard about it) you will know that the basics of the Profit First method are to set up bank accounts to split up your money, so that you don't spend it all on stuff.
It's...
