SMB Financial Basics

In this section, we'll take a deep dive into one of the most essential financial documents for any business— the Profit and Loss (P&L) Statement. Whether you're a business owner, aspiring entrepreneur, or financial manager, understanding how to read and analyze a P&L statement is key to making informed financial decisions and growing your business.

In this introductory video, we’ll walk through the basics of a P&L statement, including what it is, why it matters, and how you can use it to evaluate your business’s performance. By the end of this lesson, you'll be able to break down revenue, costs, and expenses, and see how these components affect your business’s bottom line.

In this video, you'll get a straightforward introduction to the balance sheet, tailored specifically for acquisition entrepreneurs. Learn how to read, interpret, and leverage key financial insights from the balance sheet to make smarter business decisions when buying or managing businesses.

In this section, you’ll learn how to analyze and interpret cash flow statements to make smarter business acquisitions. We'll break down the essentials, from operating cash flow to financing activities, so you can confidently assess a company’s financial health and sustainability. Let's dive in!