Growing Your Business

Financial Understanding for Small Business


Improve your financial understanding to make better business decisions!

Even if you use a bookkeeper and/or accountant, you still need to understand the financial side of your business.

This introductory-level resource takes you through practical exercises to help you understand the type of information financial statements provide.

After completing the workbook you will be able to:

  • see how your personal and business finances affect each other
  • prepare and interpret balance sheets, income statements and cash flow statements
  • understand cost of goods sold and margins
  • recognize the difference between sales and profit

Once you have completed this workbook, you will understand what type of info financial statements can provide and be able to use this info to improve your business!