Your Profit Club with Paul Simister

Self Discipline

Paul Simister — Mon, 24 Jan 2011 15:54:23 +0000

Napoleon Hill on self discipline

Paul Simister — Wed, 21 Apr 2010 10:57:58 +0000

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Paul Simister — Wed, 07 Apr 2010 17:25:11 +0000

There are two formats for cash flow reports.

Cash Flow Format 1 – Receipts & Payments

The most popular type of cash flow for a small business is a receipts and payments report.

Paul Simister — Wed, 07 Apr 2010 16:24:45 +0000

Balances in your Balance Sheet are effectively cash flow timing differences which create assets, liabilities and capital.

Assets are items of value owned by the business or where there is a right to the use of an item.

Paul Simister — Tue, 06 Apr 2010 14:18:48 +0000

The Profit & Loss Account (or P&L a/c) is one of three primary financial statements (together with the Balance Sheet and Cash Flow).

It is a summary of the revenue received by a business in a period with costs and charges deducted to show the profit earned.