The Inventory Genius Podcast #135: Understanding Your Business Financials
Jun 26, 2023
Learn about the importance of understanding business financials and how it relates to profitability. Explore the components of a profit and loss statement and how to analyze it. Understand the asset and liability sections of a balance sheet and the concept of net profit. Discover ways to engage with The Inventory Genius Podcast and receive personalized inventory assistance.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 2min
Understanding Your Business Financials
02:13 • 13min
Understanding the Components of a Profit and Loss Statement
15:15 • 2min
Understanding Cost of Goods Sold in Business Financials
17:20 • 2min
Analyzing a Profit and Loss Statement
19:42 • 6min
Understanding the Asset and Liability Sections of a Balance Sheet
25:45 • 10min
Understanding Net Profit and Financial Statements
35:21 • 17min
Engaging with The Inventory Genius Podcast and Opportunities for Personalized Inventory Assistance
51:59 • 3min