End of Year Profit and Loss: Defining the Real Bottom Line

Posted by on Dec 30, 2011 in Blog | 0 comments

End of Year Profit and Loss: Defining the Real Bottom Line

How does one define the bottom line?

Webster’s Dictionary defines it as, the line at the bottom of a financial report that shows the net profit or loss. Now is the time for businesses to take stock, sort out, and prepare to report that bottom line to our friends at the IRS. It’s a time for antithetical thinking: wanting to look as low on profit and high on loss as possible.

Webster’s also defines the term as, the primary or most important consideration

In 2009 my husband and I embarked on what would become a two-year journey to adopt two teenage sisters from Latvia. The bottom line was redefined for me when in 2011 our daughters finally came home and became our primary and most important consideration. The process had been long, grueling, and arduous, but against all odds we are now a family of four. Profit in my house this holiday season is skyrocketing.

Recently, while posting yet another elatedly happy status update on Facebook and anticipating a long list of “like” acknowledgements, I realized that several of my cyberspace friends were not as giddy as I. Instead of happiness and gain, in past months they have experienced multiple family deaths, unemployment, or unexpected expenses. While I am in a season of tremendous profit, they are in a season of devastating loss.

It’s an unequivocal certainty that at some point our situations will reverse. Life ebbs and flows in the same way that business does. Profit means little without the reality check of loss. It’s how we balance.

I don’t know what 2012 holds. I only know that for me family defines the real bottom line.

At J&J we wish you and yours a very happy new year—one that is balanced in profit and loss.

How do you define the bottom line?

Payne Family

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