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7 signs that your business is leaking profit

7 signs that your business is leaking profit …..and you need to hire an accountant 7 signs that your business is leaking profits and you need to hire an accountant.   Accountants play an important role at various stages of the growth of your business. They can handle much more than just your payroll and tax returns. So, when should you consider hiring an […]

Understanding your profit and loss statement

Understanding your profit and loss statement Your profit and loss statement (P&L) helps you understand your business performance and profitability over time. It’s sometimes called an Income statement and its main purpose is to list income and expenditure.  Whereas a balance sheet is a snapshot in time, the P&L shows transactions over a specific period of time. […]