Balance Sheet Tutorial – Making Important Business Decisions
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Hi I’m Evan Carmichael and today I want to talk about a topic that a lot of entrepreneurs are scared about but shouldn’t be and that’s your balance sheet.
Many entrepreneurs know a balance is something their accountant gives them at the end of the year but they don’t really know how to use it to make important business decisions. So, in this video I want to quickly talk about what a balance sheet is, what the main elements are, and then give you some tips and strategies on how you can use the information in your balance sheet to run your business, potentially raise money for your business and also sell your business.
Here we go!
Learn more at: http://www.simplyaccounting.com/businessResources/accounting_basics/cash_flow/Balance-Sheet-Tutorial
Background music used with permission from YouTube user Calikokat (http://www.youtube.com/user/calikokat1)
