When you want to know a company’s financial health, it helps to look at its balance sheet. But if you’ve never seen a balance sheet before or don’t know how to read one, all you’ll see is a collection ...

Julia is a writer in New York and started covering tech and business during the pandemic. She also covers books and the publishing industry. With over a decade of editorial experience, Rob Watts ...

If you own and operate your business single-handedly, financial specialists would call the company a "single-owner entity," also known as a sole proprietorship. From a legal standpoint, a single-owner ...

A balance sheet is a versatile document that offers a snapshot of a company's or individual's finances at a given point in time. Businesses can use balance sheets to develop plans for the future and ...

Some business owners are tempted to leave their balance sheets to their accountants, but it is important for leadership to understand how to read their balance sheets in order to keep an eye on their ...

A balance sheet is a type of financial statement that lists a company's assets, liabilities, and shareholders' equity. The assets should be in "balance" and equal the total liabilities and ...

A balance sheet report representing your company's assets and liabilities should net out to zero between all of the categories. In other words, the sum of your company assets, liabilities and equity ...

If you’ve ever looked at a balance sheet and immediately wanted to slam your laptop shut, you’re not alone. Most business owners don’t come from accounting backgrounds, and the sheer volume of numbers ...

Stressing plans to stay flexible, the Federal Reserve indicated Wednesday that it intends to pull back further from the policies it implemented during the Great Recession, namely its injection of ...

In the world of business, a stable balance sheet and a cash reserve are invaluable assets for any company. Excessive debt can burden a company with interest expenses that erode its financial ...

A balance sheet is a financial statement that provides a broad overview of a given firm's assets, liabilities and shareholders' equity. This important document gives management and other interested ...