Matt Bacak Clarifies the Need to Understand Financial Statements

Released on: May 8, 2008, 11:39 pm

Press Release Author: Matt Bacak

Industry: Internet & Online

Press Release Summary: Matt Bacak Shares List Building and Internet Marketing Tips

Press Release Body: Matt Bacak, the internet marketing and promotions expert
continues to share his experience and expertise with online readers. Matt explains
the need for entrepreneurs to understand financial statements as they relate
significantly to the future of the business. With many years of experience and his
expertise as a marketing guru, Matt Bacak provides detailed internet marketing and
list building tips on his website http://www.powerfulpromoter.com

Matt Bacak, explains to his readers the importance of understanding financial
statements. "Online business owners must also understand the operations aspects of
running a business," says Matt. Understanding financial statements are essential as
they reveal how well the business is performing and with the proper analysis can
steer the entrepreneur in the direction of making the appropriate changes to improve
their business. Matt Bacak describes the two components of a financial statement,
the balance sheet and the profit and loss sheet. The balance sheet gives a snapshot
of the asset and liabilities, in essence showing what the business has and what they
owe others.

Matt explains the profit and loss sheet as a synopsis of whether the business is
operating at a profit or at a loss. This is crucial information as any business'
main financial objective is to operate at a profit. Matt points out the importance
of business operations as well as internet marketing and list building to his
readers. Operating an online business has the same responsibilities as physical
locations and Matt shares his experience and expertise to assist aspiring and
budding entrepreneurs. This article is available along with other free articles on
the Matt Bacak's website at http://www.powerfulpromoter.com


More Information about Matt Bacak:
Matt Bacak, is a very much sought after internet marketer who has worked for some of
the world's top experts. An experienced entrepreneur, he lends his experience
through consultations, workshops and speaking engagements. His ability to "fill the
room" from email advertising has many businesses lining up for his assistance and
expertise. For more information on services and to review the free tips on business
networking, visit the website http://www.powerfulpromoter.com

Contact details
Matt Bacak
Powerful Promoter
T: 770-271-1536
E: mattwb@powerfulpromoter.com
This PR has been submitted by TrafficMagicians.com


Web Site: http://www.powerfulpromoter.com

Contact Details: Frontier Marketing Intl, LLC
1140 Old Peachtree Rd, Suite D,
Duluth,GA 30097,
USA
770-271-1536
Email: mattwb@powerfulpromoter.com

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