I'm an electrician that went to trade school and obtained my contractors license last year. I was in business for 3 months and had about 3 requests for proposals coming in everyday around 100k in contracts, everyday. After placing myself on a national database I was exclusively the only one in my 30 mile radius to get exclusive contacts for the first 30 days. I needed to hire 3 people right away, and create company literature and infrastructure asking with software to track expenses.
I failed to keep up, with no help. So I had to go back to bring an employee while I learned my weaknesses to give it another go. I'm studying right now, with the tiniest overhead ever in my life, connecting unemployment, using this down time. I have filed every receipt with wave accounting software and about to continue uploading info until I'm current.

I'm heading 95 percent of business fail because of lack of reading financial statements and not knowing them, along with business infrastructure being in compliance with gaap/fast. I'm learning about financial statements through YouTube but i have many hours with very little takeaway.

Does anyone know how to read financial statements for a construction company easily and can point to a tutorial of sorts, this will make my life so much more easier. TIA