Are your #chartofaccounts set up properly? Do you have all your direct #costs in Cost of Good Sold? Do you have a Cost of Goods Sold section on your Profit & Loss / Income Statement at all? If this isn't set up properly, it won't bother your #accountant or the government, but it will make #business #decisions more difficult for you and unless you understand this, you probably don't even know how much of a #problem this can be if the chart of accounts is not setup properly.
This short video will give you a quick explanation on the how and why and what of this important topic and help you make better business decisions fast.
We help established small and midsized businesses who have at least $1 million per year in sales to move their business from being a patchwork mishmash of people and little to no systems to a purposefully built, tuned, money making machine, that delivers higher profits and less stress to the ownership. Over the last 20 YEARS Alek has implemented PROCESSES to RESULTS in #smallbusinesses and #midsizebusinesses quickly.
Go now to our website and book your FREE strategic video consult directly with Alek at https://humalytic.com/appointments or CALL NOW (312) 407-6580. If you would like more information about how we can help move your small business to a more profitable and less stressful purpose built machine in a matter of weeks, visit our website now: https://HumaLytic.com
