Free Monthly Budget TemplateSame Setup as Used by The Gillette Company
when Hans van Putten (Co-Founder WWLC) was an Executive at Gillette
Starts with knowing your income and expenses and cash-flow
Financial systems and structure are the backbone of any company.
Proper reporting allows you to have information to base your decisions on.
Financial Structure and Systems makes proper planning possible.
The Balance Sheet tells you what you own, what is owed to you and what you owe to others.
Profit and Loss Account
The Profit and Loss Account tells you what your income is, and what your expenses are.
Your Cash-Flow analysis tells you whether money is coming in or going out.
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A similar setup as this Profit & Loss Account was used by The Gillette company when Hans van Putten (co-founder of WWLC Inc.) was an Executive at The Gillette Company.
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