Millions of people around the world, just like you and me are somehow involved in reading financial numbers.
Be it your business, your personal finance or your savings, understanding finance is now an essential pre-requisite for business survival and informed decision making.
Interestingly, the single biggest skill in life that could make or break your financial success is not taught in school.
Many entrepreneurs run businesses without having a clue on how to read a balance sheet. Business owners are and continue to remain dangerously ignorant of their numbers and the tax laws.
- A recent study showed that 55% of small business owners did not review their monthly balance sheets, because they did not understand them.
- Another survey finds that 83% of small businesses face a serious financial literacy gap.
- The survey also found that the single reason why most small businesses didn’t succeed was the lack of financial literacy skills needed to navigate the obstacles.
This course reveals exactly how you overcome these issues by following the simple steps and tips we give in this course!
There really is nothing more to do!
At the end of this course you will be able to:
- Understand the business section of any newspaper or magazine, if you don’t do so already.
- Understand the three main financial statements, viz. Balance Sheet, Income Statement and Cash flow and how they are different from each other.
- Read these financial reports and interpret what the numbers really mean.
- Throw questions on your financial reports that your accountant has never been asked before!
Just follow the simple steps and tips that we reveal.
The course will continue to grow and grow with new materials, new examples and new case studies being added every week!
Get your Free Udemy Course on Financial Statements 101: How to read a Balance Sheet by clicking here.
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