Reading Balance Sheets & Profit & Loss Statements

Entrepreneur
Author
Leading accountancy firm in the Media and Entertainment sector.
Most fashion designers start their companies because they are passionate about the primary work of the business. However making sense of a brand’s profit and loss account (P&L) and balance sheet is an essential part of running a successful fashion business. Just as a doctor can learn a lot about a patient from an X-ray, an investor or business owner can get a sense of the business’s health from its balance sheet.

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