Jump to content
  • 0

What financial reports I need for the development of small business?

James Lavud

1 answer to this question
Recommended Posts
  • 0

You should prepare and understand three basic financial statements:

  1. The balance sheet, which is a record of assets, liabilities, and capital at a specific point in time;
  2. The income (profit and loss) statement, which is a summary of your earnings, expenses and net profit (or loss) over a given period of time; and
  3. The cash flow projection, which shows the actual inflows and actual outflows of cash into and out of your business.
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Sign in

Already have an account? Sign in here.

Sign In Now

Loyverse Point of Sale





  • Create New...