Saturday, May 09, 2009


Have you taken entrepreneurship seriously enough to begin making improvements in you? Check Our Reading List Recommendations

There are a number of areas of critical importance to any business owner or franchisee--many of these are not well taught in most schools. One of the most important to your future success is an Understanding of Accounting-the ability to review a group of numbers and determine the health of a business--is of paramount importance.

Unless you can analyze a Balance Sheet, a Profit & Loss Statement, a Cash Flow Report and the Changes in Shareholder's Equity and clearly understand what stories they tell, you need to improve yourself. Our website suggests several books but today many colleges have courses that will teach you how to understand financial reports.

You do not need to become an accountant, but when your money is at stake, you must be capable of making the right decisions.

If you have Franchising Questions, call The Franchise Doctor at 800 220-8256 Now!

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