[Business Daily 25] What is a balance sheet

 

IN TODAY’S Business Daily…

 

 

  • Balance sheet allows you to see what a company owns as well as what it owes to other parties as of the date indicated at the top of the balance sheet
  • The reason I really like to look at a balance sheet is because you can see some really important financial ratios and statistics that you can generate from looking at the numbers
  • The balance sheet presents a company’s financial position at the end of a specified date. Some actually describe the balance sheet as a “snapshot” of the company’s financial position at the point which you produced the balance sheet

 

 

CHALLENGE FOR THE DAY:

What can you do today to make sure you understand your business better by knowing the way your balance sheet works?

 

 

QUOTE OF THE DAY:

 “The balance sheet is all about understanding about things you own or owe in the business.”

 

 

Regards,

 

Moran Pober – CEO & Founder of ABD Assets

 

 

P.S.  Looking To Sell Your Business Or Need A Strategic Investor To Help Growing Your Company? Reach Out At moranpober.com

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