Finance is the language of business

Understanding a company's balance sheet is vital for you to grow your business!

When you look at a balance sheet can you see where profits are going?

They could go into:
Tangible assets like machinery
Intangible assets like IP
It could be held in their debtors, customers who owe them money
Or it could be held in cash

And you want to be really clear on a company’s cash position, because cash is what you pay bills with.

Fixed assets show long-term stability of a business while current assets reveal liquidity within a year & liquidity is key for trade.

#BusinessFinance #BalanceSheetBasics #FinancialClarity