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A Guide to the Top Three Financial Reports for Small Businesses

April 20, 2021

A few times in my consulting and accounting career, I have had to explain very basic financial topics to seasoned business owners. I have talked to VPs of billion-dollar companies that didn’t understand a balance sheet and to new business owners that couldn’t understand why they had to pay tax on a million dollars. Both scenarios featured highly successful businesses that lacked only a simple explanation of what their numbers reflected.

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