Most business owners run one P&L for everything. Revenue up? Good. Expenses in check? Great. But here's what that summarized view doesn't tell you: which parts of your business are actually profitable. What if one location is carrying another? What if your best service line is subsidizing your worst? You'd never know without tracking your data by division. In this video, I explain how to use Classes (QuickBooks Online) or Tracking Categories (Xero) to break down your financials and see what's re
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Most business owners run one P&L for everything. Revenue up? Good…
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