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In this video, the speaker, Dmitry Bonder, explains the concept of a profit and loss statement and its importance for small business owners who have never prepared one. The tutorial aims to provide step-by-step guidance for those looking to improve their financial understanding and monitor their business performance. Dmitry, the CEO of an educational company and multiple startups, shares his personal experiences and practical advice on achieving business success. He specifically targets small entrepreneurs who may not have the resources to hire financial experts, emphasizing that the video is not intended for finance professionals or experts.