Reading your bank statement like an owner, not an accountant
Most owners check their bank statement for one number, the balance. Here is how to read it like an owner, in one hour a month, with a worked example.
Topic
Why a busy firm can still run short, and the monthly habits that prevent it.
Most owners check their bank statement for one number, the balance. Here is how to read it like an owner, in one hour a month, with a worked example.
Profit is what your accounts say; cash is what your bank says. How a profitable Lagos agency struggled to pay salaries, and the monthly check that would have warned it.