Increase Profitability by Understanding Your Finances
If you don’t know the terms, you can’t understand the language of accounting. Three reports make up a financial statement; the balance sheet, income statement, and the cash flow statement, and understanding what each of these statements mean will empower you with the clarity to make data-driven business decisions. Once you get a handle on what these reports mean, you will very quickly see where you can grow your bottom line. In this presentation, Dan Benamoz will cover what each of these statements mean and how they interact with each other to paint the big picture of your pharmacy’s financial success.