How Fit is YOUR Business by Jason M

"Small Business Basics: How to Understand a Profit-Loss
Statement." YouTube. Web. 22 Apr 2010.
[http://www.youtube.com/watch?v=1gI25MuIXkw].

A Profit-Loss Statement, also known as an income statement, allows business owners to know exactly where his or her business stands financially. Businesses need to make a profit to survive, and if a business is unable to do so, then the owner needs to do one of two things. Either the owner needs to make major changes to the strategy of the business, or the business needs to close its doors before it loses any more money.

Here at Words That Count, we manage Profit-Loss Statements, as well as all other Accounting statements such as the Balance Sheet, Statement of Cash Flows, Statement of Owner's/Stockholders' Equity, etc. We take away the hassle of needing to keep track of your own assets, and you can rest assured that our work is 100% error-free because our employees cross-check each others' work. If any errors are found, the author is notified and the errors are corrected. We understand how essential these financial statements are to the survival of every business, including our own, so we spare no expense to ensure that you get the quality of work that you deserve. After all, you are the customer, and the customer is the most important part of any business.