Sunday, November 28, 2010

Chapter 8

Using Financial Statements to Guide a Business

This chapter covers what your financial statements show about your business. Income statements, cash flow statement and the balance sheet are the main focus. As an entrepreneur this is one of the areas I would struggle with. Income statements, and managing money around my business would not be one of my strengths. That is why I choosy to start Savvys' Nails To Go which is a very low maintenance company, that would not have as much financial responsibilities as most companies.

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