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Linda Dawson

Linda Dawson is a Certified Public Accountant with more than 25 years experience helping small and start-up businesses. Dawson & Associates has just introduced their latest service, the Virtual Accounting Office. Learn more about this exciting new product at www.MyVao.com . Or check out the Dawson & Associates website at www.DawSoncpa.com

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The Profit & Loss Statement describes you how your business is performing at that particular time and the Balance Sheet is the statement that tells you about the long-term health and strength of your business The Balance Sheet shows whether you can meet your obligation as they come due, how much you are indebted to others and your prospects for staying in business
The Cash Flow Statement is made up of three sections The first section is operating activities
You would be surprised how valuable your Profit & Loss Statement is and how it can help you manage your business It can show you if you material, labor or administrative costs are too high or too low
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