Day 8: Financial literacy 101
How well do you know your numbers? Understanding P&L and balance sheets are essential for business survival, yet many leaders are in the dark when it comes to their finances. This bonus bootcamp session will equip you with the tools you need to make sound decisions based on financial facts.
Watch: Financial literacy 101
Andrew MacDonell from BDO breaks down the basics of financial literacy, from P&L to balance sheets to building bottom-up budgets, to help business owners make informed decisions on the best way to move forward.
Read: The secret language behind successful businesses
What strategies do you use to make your business decisions? How much do you rely on financial knowledge versus instinct to choose the right path? As Tanya Titman from BDO explains, the numbers will always tell an accurate story – if you know how to read them.