Managing Your Financials

Financial Understanding for Small Businesses


Even if you use a bookkeeper and/or accountant, it is imperative that you understand the financial side of your business. This introductory-level guide 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: read balance sheets, income statements and cash flow statements, understand cost of goods sold and margins and recognize the difference between sales and profit.