When I learned the power of financial reports, well, it was a spiritual experience for me. My eyes were opened! I could see the error of my ignorant ways! I walked into the LIGHT! And I was saved from certain financial damnation. Amen.
Before I was saved, I spent a lot of time wandering in the darkness. When I first started with my husband Hot Rod's plumbing and heating company, he kept the financial information in a red notebook with columnar pages. Remember those? I faithfully recorded the checks and the invoices and always wondered why we didn't have any money.