Maria Sinatra

This is the second of two plain-English explainers we are sharing this month. The first blog, "Your P&L in Plain English," walked through your profit and loss statement, and if you found that one helpful, consider this its natural companion, because the balance sheet is really the P&L's other half. Together, the two give you the clearest possible picture of your business, and September, with everyone settling back into a rhythm after summer, is a lovely time to get comfortable with both....

As the kids head back to school and the calendar snaps back into focus, September has a way of pulling everyone back to business. It is a good moment to build one small, high-value habit, and here is our nominee: actually reading your profit and loss statement. If you follow us on social media, you may have caught one of our videos breaking financial ideas down into plain English, and this is that same spirit in written form. If a P&L lands in your inbox each month and your eyes glaze over a...

There is a certain feeling that comes with the end of summer. The long, loose days start to tighten back up, the kids head back to school, and the calendars that felt so open in July fill right back in almost overnight. It is a natural reset point, the closest thing the year has to a fresh start outside of January, and it is a lovely moment to give your business finances a gentle reset too. We say gentle on purpose. A reset does not mean overhauling everything or sitting down to a marathon...