profit and loss statement

Business

Business Basics: What Does Profit and Loss Statement Mean?

Andrew Bone
profit and loss statement

A Profit and Loss Statement is one of the financial reports your in-house book keeper, or external accountant will produce. When set up correctly and used wisely, a P&L statement can help you run a profitable business. In our experience, many new business owners haven’t seen a profit and loss statement before they start their […]