A Profit and Loss doesn’t tell the whole picture: Here’s why.

A Profit and Loss doesn’t tell the whole picture: Here’s why.

A Profit and Loss doesn’t tell the whole picture: Here’s why.

This blog discusses why a Profit and Loss (P&L) statement is not the only factor to consider when evaluating the value and saleability of a business. The author highlights other factors that impact the asking price, such as the size of the business’s EBITDA, revenue trends, customer concentration, and industry concentration. The author argues that these factors should be taken into consideration along with the P&L statement to get a complete picture of a business’s value.