How to Read and Understand a Balance Sheet Business Financial Literacy

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=skOzJt50lXk

The Balance Sheet is a critical financial statement that every small business owner should be comfortable reading. It shows what a business owns and what they owe at any point in time. However, it can be confusing if you don't know what SHOULD be on a balance sheet vs. an income statement. This video is going to show you how to understand what's on any business balance sheet! • The balance sheet will show: Assets, Liabilities, and Equity. • Hannah breaks down the statement, section by section, so that you can confidently know what you are looking at when you are presented with a balance sheet. • _______________________________________________________________________________________ • 💲 Need an accounting system? We use Quickbooks Online with clients and recommend it as the best accounting system for small businesses. Sign up to get a discounted subscription for 12 months! https://claracfo.com/QBO • • 🙋‍♀‍Got Employees? Talk to ADP! They can help you if you are a small business owner or an accountant or advisor who works with small businesses. Learn more here: https://claracfo.com/adprun • 💸Pay vendors any way they want and get paid faster! Accept credit cards without paying merchant fees! Melio is a fantastic payments solution for every small business! https://claracfo.com/melio • (As an affiliate or referral partner for these companies, I may earn rewards from qualifying purchases) • Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/ • Disclaimer: This video is intended for educational purposes and • should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience. • • CODE: FOC0MQIXWYUNNFZR, GWOC2WA3ZOZVGFB9

#############################

New on site