Understanding Your Financial Statements Workbook: The P&L
This workbook is designed to complement part one of Sera’s “Understanding Your Financial Statements” workshop series, which covers one of the most crucial financial documents for any business: the Profit and Loss Statement (P&L).
The P&L statement is more than just a collection of numbers; it's a regular health check for your business. By understanding the parts of the P&L and learning how to analyze them effectively, you can make informed decisions to help you unlock business growth.
In this workbook, we'll break down the basics of the P&L, explore key metrics, and document the next steps for your business. You can use the workbook to follow along as you listen to the P&L workshop, or you can use it to refresh your memory on what you learned. Either way, it will help you take the next step in understanding your business on a deeper level.
