A Quote by Darren L Johnson
For business owners, there are many important documents to learn to read. One of the most important is the profit and loss statement, known as the P&L, and the balance sheet.
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For most businesses, America is the most important asset on their balance sheet.
The two most important things in any company do not appear in its balance sheet: its reputation and its people.
You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
The Profit and Loss Statement tells you a lot about how your business is doing. It can also help you to determine ways that you can go about saving money so that you get to bring more money home! Basically, the P&L statement measures all of your income sources verses all your business expenses for any given period of time.
Learning how to keep track of inventory and cash flow and creating an income statement and a balance sheet are great skills to learn for managing existing businesses.
In both the U.S. and Europe, the budget and balance sheet numbers do not work. When 'off-balance sheet' promises are taken into account, the U.S. and most countries of the Euro zone are insolvent.
Small business people are people with goals and values that can't be calculated on a profit and loss statement.
The five most important words a leader can speak are - 'I am proud of you'
The four most important are - 'What is your opinion?'
The three most important are - 'If you please'
The two most important are - 'Thank You'
And the most important single word of all is - 'You'
Eliminating the death tax is particularly important for the many small business owners and family farmers that call Central Washington home.
(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
On the economy, the U.S. cumulatively is our most important investor, most important trading partner, most important sort of tourists, and we have now a tie that will... a link that will be here for many, many years to come, and that is the big Philippine-American community in the United States - three million of them.
When I put my pen to a blank sheet, black isn’t added but rather the white sheet is deprived of light. [] Thus I also grasped that the empty spaces are the most important aspect of a typeface.
If there is excitement in their lives, it is contained in the figures on the profit and loss sheet. What an indictment.
It's very important to us, family, and the balance of family within the band is probably the most important. Metallica is important, but when you have your wife and your kids, and you need to maintain that and keep the peace, it's important to work around the schedule of the kids' schools.
I have read my books by many lights, hoarding their beauty, their wit or wisdom against the dark days when I would have no book, nor a place to read. I have known hunger of the belly kind many times over, but I have known a worse hunger: the need to know and to learn.
There's a reason education sucks, and it's the same reason it will never ever ever be fixed. It's never going to get any better. Don't look for it. Be happy with what you've got, because the owners of this country don't want that. I'm talking about the real owners now... the real owners. The big wealthy business interests that control things and make all the important decisions. Forget the politicians. The politicians are put there to give you the idea that you have freedom of choice. You don't. You have no choice. You have owners.
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