How to Read Your Profit and Loss

About This Training
For many contractors, their financial statements are the biggest mysteries of their business. What do they mean? How do you read them? What should you look for when you review them?
BDR’s How to Read Your Profit and Loss Statement examines one of the key financial statements: Profit & Loss (P&L). In this three-hour virtual session, we will explain all the major elements of P&L, including revenue, cost of goods sold, gross profit, and net profit. Then we will discuss a repeatable strategy you can use to read your P&L and identify the opportunities and concerns that may be presented.
Don’t let your lack of comfort with financials hold your business back. Join us as we take the mystery out of the P&L and turn it into a tool you can use to run your business.
Registration Is Open
How to Read Your Profit and Loss is coming up on August 24, 2023 through August 24, 2023 from 7:30 a.m. - 10:45 a.m. PT
This training is virtual.
Distributors - Want to Schedule This Class for Your Dealers?
Schedule a call with us!
Who Should Attend This Training
Bookkeepers, Owners
Things You Will Learn
1. The key elements of your Profit & Loss statement, including revenue, cost of goods sold, gross profit, and net profit.
2. How to read your P&L and use it to identify opportunities for future business growth and improved results.
3. Best practices for accurate financial reporting and keeping your P&L statement up to date.
Meet Your Trainer
Kasey Stanley
Lead Financial Coach & Trainer