Originally published: 05/02/2018 14:43
Last version published: 02/03/2018 15:15
Publication number: ELQ-29091-4
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5 Minute Finance Lesson: Income Statement

A 5-minute overview on the income statement to help entrepreneurs understand their business finances.

Description
As Cate Costa works with first-time entrepreneurs who don't typically have any background in business management, she spends a lot of time talking with her clients about financial statements and to keep them up to speed with what's what.

Every business owner should have enough knowledge to be able to understand what an accountant is telling them about the financial state of their business and to be able to read basic financial statements.

This video covers the income statement and aims to help you understand the basics.

Video length: 5:32

This Best Practice includes
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