246 | What Story Is Your P&L Telling You? With Anne Gannon

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  • 246 | What Story Is Your P&L Telling You? With Anne Gannon

What You'll Discover In This Episode:

  • What A Profit & Loss Statement (P&L) Is
  • Where The Numbers Come From
  • How Often You Should Look At Your P&L
  • The Revelations A P&L Can Provide
  • The Important Number You Need To Know
  • What The IRS Could Care Less About
  • The Most Powerful Thing You Can Do As  Business Owner
  • So Much More!

I love this description of what a story is: A story is the telling of an event, either true or fictional, in such a way that the listener experiences or learns something just by the fact that he (she) heard the story.

We all tell stories, listen to stories, read stories, and watch stories unfold on our screens either for education or entertainment. Sometimes stories totally enthrall us (think page-turners and action-packed movies) while other stories aren’t interesting enough to hold our attention so we tune them out and walk away uneducated and unentertained.

Today I want to draw back the curtain on a fascinating story that is constantly being told to every business owner, but is not necessarily being received by every business owner.

In short, your Profit & Loss Statement (P&L) is telling you an enlightening story. Are you listening? And are you taking action on your learning?

In this episode of Productivity Straight Talk, I sit down with Certified Public Accountant Anne Gannon to dive into the valuable insights your P&L can provide in an effort to help you understand what yours is trying to tell you so you can make better, more profitable decisions in your business. 

Episode Links & Resources:

About Guest:

Anne Gannon is a Certified Public Accountant who specializes in providing a monthly accounting and tax service that works for the business owner, not just the accountant. What makes Anne unique is that she is anything but your typical accountant. After all, she spent her early years chasing the dream of professional golf. In 2004 Anne turned pro, but quickly realized as she drove around the country that summer listening to CNBC and reading the Wall Street Journal that her true love was economics and business. In 2012 Anne left the large public accounting firm to build her own practice, and in 2016 Anne founded The Largo Group, a firm specializing in over-delivering for the entrepreneur and business owner. Since 2016 The Largo Group has grown to provide accounting assistance to businesses and individuals nationally.

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Amber De La Garza

About the author

Amber De La Garza is The Productivity Specialist! Amber helps small business owners maximize profits, reduce stress, and make time for what matters most by improving their time management and elevating their productivity! Amber is a sought after coach, trainer, speaker, writer, host of the Small Business Straight Talk Podcast, and creator of Leverage Lab®.

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