For small business owners, keeping a close eye on the health of their business is the key to long-term success. Especially for first-time business owners who have decided to jump in head-first, it can be very difficult and overwhelming once… Read More
Posts Tagged ‘balance sheet’
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Breaking Down the Order of Financial Statements
Last week we outlined the four primary types of financial statements. These statements include the cash flow statement, the balance sheet, income statement, and the statement of retained earnings. These statements are essential for assessing the current state of your… Read More
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The 4 Types of Financial Statements
Every business utilizes financial statements to get a snapshot of the financial health of their company. Without financial statements, you wouldn’t be able to monitor revenue, project future finances, or keep your business on track for strong earnings. These financial… Read More