The 3 Essential Financial Statements & What They Show | altLINE
The three major financial statements provide a snapshot of a business's overall financial health and performance. 1. Balance Sheet 2. Profit & Loss Statement| altLINE
The three major financial statements provide a snapshot of a business's overall financial health and performance. 1. Balance Sheet 2. Profit & Loss Statement| altLINE
Every business owner must know how to build a cash flow model—a form of cash flow forecasting revealing potential future financial obstacles.| altLINE
Accounts receivable financing, also known as invoice factoring, makes it easy to access cash without taking on debt or giving up equity.| altLINE
Confused over your business's P&L statement? Keep reading for a quick overview of what a profit and loss statement tells you, and how to create it.| altLINE
A balance sheet is critical for any business, and you must establish one from the get-go. They are considered one of the basic financial instruments.| altLINE
A year-end accounting checklist will ensure you close accounts properly and avoid penalties or interest on taxes owed at the beginning of the next year.| altLINE
Cash flow is a company's ability to generate revenue and the operational turnover of a business. The cash flow statement is mandatory for your business.| altLINE
Performing a cash flow analysis and looking at your expenses can be the difference between your business floating or sinking.| altLINE
Invoice factoring is aimed to help businesses improve cash flow. Because it’s a sale, not a loan, the funds received aren't considered debt.| altLINE
There are numerous tried-and-true methods to increase cash flow, from implementing early payment discounts to factoring your invoices.| altLINE
New business owners will likely experience negative cash flow at some point. Proper financial planning and cash flow management can help reduce its effects.| altLINE
"Cash flow" is one of the most common terms in business, and for good reason—there's arguably no better indicator of a company's stability.| altLINE
