Bedrock Bookkeeping: Your P/L
You are sabotaging your business growth with this all-too-common practice:
POOR BOOKEEPING!
Your numbers are desperate to speak to you through your income statement and balance sheet.
Proper bookkeeping is the surest way to turn random numbers on a sheet into actional intel.
My top 3 ways organized books impact your income statement:
Cost structure clarity
Year-round tax liability exposure
P/L trends
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Two Palms Planning LLC, doing business as Two Palms Financial, is a registered investment adviser registered with the State of California. Registration does not imply a certain level of skill or training. The content of this publication is for informational or educational purposes only. This content is not intended as individualized investment advice, or as tax, accounting, or legal advice. The information contained herein is based on current tax laws and regulations, which are subject to change. Although we gather information from sources that we deem to be reliable, we cannot guarantee the accuracy, timeliness, or completeness of any information prepared by any unaffiliated third-party. This information should not be relied upon as the sole factor in an investment-making decision. Readers are encouraged to consult with professional financial, accounting, tax, or legal advisers to address their specific needs and circumstances.
