Of all the research and planning that goes into starting and running a small business, financial plans probably trip up the most budding entrepreneurs.
A balance sheet is one of the three primary financial statements used to monitor the health of your business, along with your cash flow statement and the income statement. Think of it as a snapshot of your company’s financial position — what you own and what you owe — at a singular point in time, like at the end of a month, quarter or year.
Before deciding to trade fees for equity (and become an owner) in a customer’s business, explore these seven issues.
Many ecommerce platforms have popped up in the past few years that there’s a fit for almost every type of business.