In this session, you’ll learn how to read your income statement (profit and loss) so you can understand where your money is coming from and where it’s going.

We’ll break down revenue, cost of goods/services, expenses, and profit in plain language and discuss what “healthy” numbers can look like for small businesses.

You’ll leave able to:

• spot trends

• flag issues early

• use your income statement to make smarter decisions

Speaker: Chelsea Torres, Hampton Roads Small Business Development Center