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hello I'm Craig Badcock from the income business solutions we help small business owners build a business that works for them rather than the other way around after 30 years of working with small business owners I've come to realize just how important it is for them to understand and be able to calculate their work in progress so most builders and contractors do jobs that span a month sometimes the year end they do jobs where the income and the corresponding expenses don't always occur in the same month and this is why we need to calculate working progress an example problem here's a profit and loss so to see in the first month profit forty-seven thousand nine hundred and fourteen dollars second month a loss of eighty-two thousand dollars and thirty two dollars third month the profit of eight thousand four hundred and ninety-eight dollars followed by a profit of eight hundred and three dollars followed by a loss of three 2013 dollars and so on these figures don't make any sense they d...
