Do I really need to understand financials?

Do you understand your small business’ financials? The answer seems obvious, yet it’s a question that makes some business owners very nervous. And a surprising number of small business owners really do not understand how much revenue they are making, and how to identify the revenue streams working best for their business.

Host Mary McCarthy talks to CPA Betty Collins about what entrepreneurs need to understand, to make sure they are making the right business decisions for their company.

“They don’t have to be a CPA. And they don’t have to know tax law, but they’ve gotta have an understanding of systems that help them know how to use them effectively for them.” ~ Betty Collins, CPA

What You Will Learn:

  • Tips on what small business owners really need to know about their financials
  • What is a statement of cash flow, and why it’s important
  • Understanding revenue streams
  • How to get a system in place to help you

Betty Collins, CPA                                                                                                                                                                                                                                                                                        Director at Brady Ware & Company                                                                                                                                                                                                                                                              Brady Ware                                                                                                                                                                                                                                                            

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