Profit doesn’t just disappear. It leaks away slowly.
I recently joined Diane Gardner on her Profitable Home Services podcast where she talked about a client of hers who once was running 4 service lines and lumping everything into one account.
It took breaking those numbers out by service line to discover that one was silently eating the profits of the other three.
Diane understands numbers and on this episode of the Profitable Home Services Podcast, we dig into…
- Why your cost of goods sold number is probably wrong and what that’s costing you
- How to know if your bookkeeper is actually keeping good books
- What’s really going on when your bank balance doesn’t match your net profit
Watch the full podcast episode to start getting a good handle on your books, and your business. https://taxcoach4you.com/understanding-financial-statements/
And don’t forget to follow the Profitable Home Services podcast on social media to stay connected with future episodes
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