

- 4 min
The Balance Sheet: How to Quickly Analyse the Strength of Your Business
The Balance Sheet is an under-utilised tool in the management of small and medium sized businesses. Understanding what it tells us is the first step to understanding the information. If you have ever borrowed money personally from a bank you have almost certainly filled in a Personal Net Worth Statement, which showed what you owned and what you owed to come up with your estimated Net Worth. At its basics that is what the balance sheet is. It is the Net Worth Statement of the