What do you mean by a Profit & Loss Account and your key profit drivers?

There's nothing worse than thinking you're doing okay only to be told by your accountant that there aren't enough profits available for you to take dividends, and all that cash you have taken out is now going to be treated as a loan that you owe the business.

Your profit and loss account is for you, not just your accountant or the taxman. It's vital that you know how your business is doing (throughout the year) and what's driving your results (your key profit drivers), so that you can make changes before it maybe too late.

We're starting the New Year with a closer look at the P&L. Join us for some worked examples, and see if this can help you to make your accounts work more for you.

Join us on LinkedIn Live, Monday 8 January 2024 from 12:30. Let's get your business of to a great start for the new year.