Tag Archives: P&L Statement

Tracking Expenses

Tracking-Expenses5
In our previous blog, we talked about the first ingredient that you as an SMB owner should consider when reviewing the financial reports for your business – which was ‘Profits’. Now in this blog we will delve in detail about the second key ingredient to consider which is ‘Expenses’, and why it is important for you to keep track of the expenses in your business. As it is rightly said that:

Expenses are not something to ignore or to add-on at the end, it is something to keep a track of from the beginning!

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