by Mikkel Pitzner | Nov 14, 2023 | Uncategorized
Today’s spotlight shines on a key metric that can transform numbers on a page into actionable business intelligence — the Gross Profit Margin. This powerful figure is a telling sign of your company’s financial health, efficiency, and potential for...
by Mikkel Pitzner | Nov 14, 2023 | Uncategorized
We will continue last edition’s mentioning of the various Financial Statements, but before we continue, we need to go back to the Anatomy of The Profit & Loss Statement. As stated it is important that we structure it in such a way that we can learn much more about...
by Mikkel Pitzner | Nov 13, 2023 | Uncategorized
Before we go on with the subject of the anatomy of your Profit & Loss Statement, let us just pause for a moment as we briefly review financial statements — the tools that measure your business’s financial success. Just as a student’s report card...
by Mikkel Pitzner | Nov 13, 2023 | Uncategorized
In this edition, we delve deep into the skeletal framework of the Profit & Loss (P&L) Statement—a critical financial document that, when structured properly, provides a transparent view of your business’s fiscal health. The artistry behind a well-crafted...
by Mikkel Pitzner | Nov 13, 2023 | Uncategorized
Ok, so we agree on the need for having a great bookkeeper so we can be assured that we always have up-to-date good books available at our fingertips. Now, before we continue, we need to get to grips with the various types of costs in a business. I will explain in...
