A balance sheet is an essential tool used to show the value of a business at a specific point in time. In this coffee-infused article, we journey to understand the balance sheet using a coffee shop as an example!
Get a free balance sheet template on us! Using a simple, easy to understand structure with automatic formulas, charts and an explanation of each line, if you’re looking to build a balance sheet forecast, there really is no better place to start than with our template, you’ll be forecasting your balance sheet in no time!
The balance sheet is packed with financial information crucial to understanding the health of your company. However, for a lot of people, it’s one of the hardest financial statements to get to grips with. Even the most fundamental pillar of the balance sheet, why it needs to balance, eludes many of us.
In the final part of the KPI and Ratio series we’re looking at gearing ratios, which reveal the inherent risks in different capital structures. If you’re new to the concept of gearing then this is a great primer for these important ratios.
Financial forecasting is a crucial business activity – so why isn’t everybody talking about it? In this ultimate guide, we bring together the reasons why forecasting is so important and how to go about making realistic forecasts painlessly!
In number three in our series on financial forecasting, we go on a tour of the ‘big three’ financial reports. They can be a scary prospect! But knowing a few key bits of info can really help you understand these useful tools and give you confidence in your forecasts.
Balance Sheet forecasting is often undervalued when running a business. This week, I go into detail about the Brixx Balance Sheet in this beginner’s guide.
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