Craig Willetts ISO & Business Consultant
  • Meet Craig Willetts
    • Never Give Up
    • Change The Game
    • Give Back
  • New Business Tips
    • Train Your Brain
    • Organise Your Workspace
    • Colour use in Business
    • Writing a Business Plan
    • Setting KPI's
    • Website Building Instructions
  • General Business Tips
    • How to Thrive not just Survive in a Global Pandemic
    • Meeting Tips
    • Problem Solving
    • Monitor Profit
    • Ensure Compliance
  • Business Development
    • Sell your product or service
    • Social Media Essentials
    • Daily Hashtag
    • SEO Tips
  • Understanding People
    • Be A Great Employee
    • Understand Customers
    • Talent Management
    • How To Get The Most From Your Team
    • Stress at Work
    • Made it Mindset
  • Sector Related Articles
    • Project Management Sector
    • Security Sector
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    • Construction Sector
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  • ISO Standards & Other Accreditation Tips
    • ISO 9001 Tips
    • ISO 14001 Tips
    • ISO 45001 Tips
    • ISO 31000 Tips
    • ISO 22301 Tips
    • ISO 27001 Tips
    • ISO 17025 Tips
    • ISO 18788 Tips
    • ISO 28000 Tips
    • ISO 28007 Tips
    • ISO 50001 Tips
    • Go Paperless With ISO
  • Meet Craig Willetts
    • Never Give Up
    • Change The Game
    • Give Back
  • New Business Tips
    • Train Your Brain
    • Organise Your Workspace
    • Colour use in Business
    • Writing a Business Plan
    • Setting KPI's
    • Website Building Instructions
  • General Business Tips
    • How to Thrive not just Survive in a Global Pandemic
    • Meeting Tips
    • Problem Solving
    • Monitor Profit
    • Ensure Compliance
  • Business Development
    • Sell your product or service
    • Social Media Essentials
    • Daily Hashtag
    • SEO Tips
  • Understanding People
    • Be A Great Employee
    • Understand Customers
    • Talent Management
    • How To Get The Most From Your Team
    • Stress at Work
    • Made it Mindset
  • Sector Related Articles
    • Project Management Sector
    • Security Sector
    • Cleaning & FM Sector
    • Construction Sector
    • Manufacturing Sector
    • Warehouse Sector
    • Training Sector
    • Customer Service Sector
  • ISO Standards & Other Accreditation Tips
    • ISO 9001 Tips
    • ISO 14001 Tips
    • ISO 45001 Tips
    • ISO 31000 Tips
    • ISO 22301 Tips
    • ISO 27001 Tips
    • ISO 17025 Tips
    • ISO 18788 Tips
    • ISO 28000 Tips
    • ISO 28007 Tips
    • ISO 50001 Tips
    • Go Paperless With ISO
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YOUR CART

​Make sure your making a profit

Profit is the main figure you should focus on in any business as if there is no profit, then whats the point, here are some basic forms you should have in place to make sure you keep making money well profit.

Complete these monthly and at the end of the financial year will give you a snapshot of your financial health:
  1. Balance sheet
  2. Profit and loss statement
  3. Cash flow statement
 
Balance statement Your balance sheet will show the financial health of your business on any given day. It will tell you what your business is worth.

Profit and loss statement Your profit and loss statement will show your business’ income and expenses over a period of time. It will let you know if your income is no longer meeting your expenses.

​Cash flow statement Your cash flow statement will show money coming into and going out of your business for a set time period.
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