
Cash is the lifeblood of a business; running out of money halts pay, production, and customer service. Effective cash management requires planning for timing of receipts and payments.
Learn how to balance overspending and underspending within a budget to achieve goals, weighing profit and loss when investing in production, sales, and marketing.
Understand the income statement by defining revenue, cost of goods sold, and expenses, and apply the formula revenue minus COGS minus expenses equals profit to determine profit or loss.
Learn how retained earnings, the running total of net profits kept in a company, grow over time and decrease when dividends are paid, as shown on the income statement.
Discover how to read an income statement (PNL), identify revenue, cost of goods sold, and expenses, and calculate gross and net profit margins to assess profitability.
Explain how assets minus liabilities equal equity on the balance sheet, and show that buying assets alone doesn't increase equity; only how assets are used can boost equity.
Learn how the balance sheet stays in balance by mastering the assets, liabilities, and equity equation, identifying errors through double-entry accounting.
Explore how the balance sheet captures a business's health by listing assets and liabilities to show equity, balances through double-entry accounting, and reveals retained earnings, dividends, and potential book value.
Financial statements may seem complex, but this course makes it very easy for you!
Many successful business OWNERS and MANAGERS have trouble reading financial statements.
STUDENTS in business school have trouble understanding them.
All because they are not properly taught the easy way to understand financial statements like the Balance Sheet, Income Statement, and Cash Flow.
Earn better grades, win a new job, earn a promotion, or launch or expand your own business.
* * * * * Jeff
"Great course for beginners or as a refresher. Instructor communicates very clearly in an easy to understand and grasp format. I highly recommend! Worth every penny."
Don't fail your business or your school course!
The better you understand the fundamentals of business financial reports, the more successful you will be.
Earn better grades, win a new job, or earn a promotion.
This course explains and demonstrates all the key accounting concepts in very simple terms that are easy to understand.
You will also learn how financial statements are used in a business by watching the GoVenture Entrepreneur business simulation game in action.
BONUS!
Includes the basics of accounting in a few short videos.
Includes the Business Superhero Book & Glossary (200 pages) that enables you to continue your learning after the course.
This course is guaranteed to be the fastest way to learn how to read and prepare financial statements.
* * * * * Antonio
"I am not an English native speaker and the accent, pronunciation, and vocabulary used by the teacher are clear, friendly, and easy to understand."
If English is not your first language, this course will help you learn business English terminology and how to pronounce the words properly.
The course is taught by an entrepreneur who has started multiple businesses and has created business education resources used by millions of people around the world.
Let's get started!