Episode #5: Demystifying your Balance Sheet Report
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Have you ever looked at your balance sheet? Did it make sense?
Download the free PDF that goes with this episode.
Do you regularly use your balance sheet to make business decisions? You should, and I talk about why in this episode.
Most automotive business owners focus on their Profit & Loss report, but without knowing what’s going on in their balance sheet, they're really ignoring a very important tool to help them track how their business is doing, and to get to their financial goals.
So I’m going to break down this report and make it easy for you.
No you don’t need an accounting degree and you don't need to be a wiz at math.