7 Mistakes Business Owners Make with their Profit & Loss Income Statement


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By Tammy Adams. Discovered by Player FM and our community โ€” copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
After reviewing about 10 P&Ls this week, here are 7 different mistakes I often see. Want more profit? Run with 1 or 2 nuggets in this episode. You might not even realize you are making these mistakes with your Profit and Loss.

YouTube Videos Referenced in the Podcast:

๐Ÿ‘‰ Profit & Loss Income Statement for Beginners

๐Ÿ‘‰ Profit & Loss Playlist โ€“ Multiple P&L Videos

๐Ÿ‘‰ Profit & Loss Review โ€“ Did Their Gamble on Payroll & Space Pay Off?


๐Ÿ‘‰ Grab Your Free Know Your Business Numbers Reference Guide


๐Ÿ‘‰ Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers


Here are some popular videos I have on YouTube:





๐Ÿ‘‰ WEBSITE: BABOLearning.com

๐Ÿ‘‰ YOUTUBE CHANNEL: BABO Learning for Badass Business Owners

๐Ÿ‘‰ Want to Help Support the Channel? The Badass Business Owner Tip Jar



๐Ÿ‘‰ Free Know Your Business Numbers Reference Guide

๐Ÿ‘‰ FREE eGUIDE: 8 Steps to Earning $100,000 in Income in Your Small Business

๐Ÿ‘‰ FREE eGUIDE: How to Read a Profit & Loss Statement

๐Ÿ‘‰ FREE Start Up Guide for Starting a Business

๐Ÿ‘‰ Free eBook: 10 Questions to Ask in Your Business

๐Ÿ‘‰ Get Your FREE Business Health Check



๐Ÿ‘‰ Understanding Your Business Numbers

๐Ÿ‘‰ Start a Local Small Business


๐Ÿ‘‰ ** DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

๐Ÿ‘‰ ** DISCLAIMER: I am not an attorney, CPA, bookkeeper, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. Iโ€™m sharing my experiences with my businesses and those I have worked for and/or helped coach.


Local Small Business Owners are the Backbone of All of Our Communities!

The Badass Business Owner Podcast is for Small Business Owners who are tired of living job to job but want to grow their business income & their personal income. In each episode, we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams. Learn more about pricing correctly, your business numbers & your profit and loss income statement

WHO THIS CHANNEL IS FOR: small business owners who serve their local community, local small business owners, service based business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, carpet cleaners, window cleaners, ice cream shops, QSRs, restaurant owners, mechanics, plumbers, electricians, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, pet business owners, cake makers & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money. Those who want to know their business numbers better!

#BABOLearning #KnowYourBusinessNumbers #BadassBusinessOwnerPodcast

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