Strategy Meets Finance How to Read an Income Statement for Business Owners | Ep 181
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Most business owners look at their income statement but don’t really know what it’s telling them. In this episode, Steve breaks it down so you can see where profit is really made and where it’s slipping away. He explains how to read revenue, cost of goods sold, and gross profit, and then shows you what operating profit reveals about your overhead and efficiency.
You’ll also learn the three levers that drive profitability and how to use them to improve margins and protect cash flow. If you’ve ever wondered why your sales keep growing but your bank account doesn’t, this episode will give you the clarity to spot hidden profit and make smarter financial decisions.
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