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Ever wondered what your profit and loss statement really means? In this video, Brad Flynn simplifies the concept, making it accessible for business owners who might feel overwhelmed by financial jargon. By the end, you'll be able to read and understand this vital reports like a pro! Hit that subscribe button for more great content that will boost your business acumen! 🆓 RESOURCES 💰 Cash Flow Mastery https://www.findyourcash.net/cfm 👨💻 Small Business Financials Course https://www.findyourcash.net/sbflpytpl 😊 Business Financials Cheat Sheet https://www.findyourcash.net/cheatsheet 🏢 How to buy a business https://bradflynn.kartra.com/page/Vft470 🎥 OTHER SMALL BUSINESS VIDEOS How to read a profit and loss statement (over 250,000 views) • Profit and Loss secrets explained How to read a balance sheet (over 80,000 views) • Master Your Balance Sheet Like a Pro How to do a cash flow projection (over 50,000 views) • How to do a business cash flow foreca... The difference between markup and margin (over 50,000 views) • Markup vs Margin, they are not the sa... 📚 MY BOOKS 🤑 Find Your Cash - How to find an extra $100,000 in your business in the next 12 months https://www.findyourcash.net/bookintpost 👬 Find Your Ideal Employee - The 2 Golden Rules of Recruitment and how to apply them https://www.fyie.com.au/FB1 🗣️ SPEAK TO ME I am a real person who can answer your small business questions, just ask 😜 https://bradflynn.kartra.com/calendar... FOLLOW ME ON / bradjflynn / bradflynn / bradflynn19 https://www.businessmentored.com // DISCLAIMER The information contained on this channel and the resources available for download through my website are for educational and informational purposes only. No business advice has been evaluated or approved by any governing body, and all advice should be undertaken at your own discretion, because you’re a smart cookie. Affiliate links may be included and are noted as such. By watching or subscribing to this channel you agree to use the common sense discretion outlined in painful detail on my full disclaimer, found here: https://bradflynn.kartra.com/page/4co256