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628: How to Read an Income Statement, with Brian Feroldi

Coaching for Leaders

The Importance of Understanding the Basic Terms on the Income Statement

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It's very common for management teams to look at the profit and loss statements or the income statement and say, wow, this is out of whack. We need to take ABC action to correct it. Having a bit of this language gives you so much to be able to then do an effect positively in the organization. It's a great way to stand out to show that you understand these basic terms that are on the income statement.

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