Educational video
Vocal Characteristics
Language
EnglishAccents
British (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
as a business owner, you know, you need to look at your financial statements to understand that the health off your business and how to plan for growth. But if you've ever felt confused trying to understand financial times, you're not alone. Here are 13 basic times you'll need to find your way around your financial statement. Let's start with revenue and expenses. Revenue is what business ends when it sells a product on families. When this restaurant customers pay by cash or card our offence and invites for crater in completed, that revenue, even if cast, isn't received by the way an expense. When resources are used to generate revenue playing a supplier employees the rent and the authorities are all common expenses. But again, this may not mean that cautious side out when the restaurant faced a vendor in cash, credit or cheque. It's an expense in managing your business. It's important to recognise the difference between two kinds of expenses. Cost of good salt, our costs, off size and operating expenses