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hi there this is John are not welcome back to business mastery tonight were going to talk about the PL so stay tuned [Music] whether youre a solo enterprise or a major global organization there are certain financial aspects of your business that you must manage and monitor to be successful in this video were going to discuss how a small services business manages its expenses and its revenue the primary report a business uses to manage is called the PL or the profit and loss statement all accounting systems have this report but many times the insights associated with this report are lost in this video Im going to teach you how to read the PL but more importantly how to use the PNL as a way to measure the health and manage your business to health of course always like your feedback so if you like what you see Id really appreciate a like or some comments and if you want to see more videos like this from me hit the subscribe button and if you want to be notified hit the bell in you
