Financial Statements

Small Business Financial Statements

Are Small Business Financial Statements a Mystery to You?

Turn Your Financial Statements Into Your Best Management Tool

Small business financial statements are usually the last thing a new business owner worries about—and yet—they are one of the most important tools available for managing a small business.

Every successful small business creates financial statements in one form or another, and all too many businesses don’t use this information to full advantage.

Unfortunately, they are generally a mystery to the new business owner.

And if you are an aspiring entrepreneur, and you present your business plan to a lender or investor, you had better have yourPro forma financial statements down pat.

In this situation, Pro forma statements are your litmus test as to how well you know and understand the business world—especially your own business.

“Yes, but how do I create Pro forma statements?”—you might ask.

Well, if you need to unravel the mystery of financial statements right away—click on the button below:

Or, Maybe You Just Have Some of These Questions?

These are some of the questions I get asked regularly:

  • What are Financial Statements—really?
  • Do I actually need them?
  • Who prepares them?
  • Why are they so difficult to understand?
  • How can I use them in my business?
  • What is an “audit?”
  • What is a Cash Flow Analysis?
  • What are Pro forma Financial Statements?
  • Where can I see sample Financial Statements?

Well, let’s take some of the mystery out of Small Business Financial Statements.

I have created a small book—one of my Small Business Primer Series—to answer these questions, and many more, for the very new (and about-to-become) business owner.

My name is Bob Foster and my background is unusually eclectic in that it includes working with the smallest of small businesses as well as Fortune 100 companies. I’ve worked in industries from the high-tech world of the “Silicon Rain Forest,” to the commercial fishing grounds of Alaska and Mexico.

I’ve started businesses and sold businesses, so I have felt the excitement of success as well as the sting of failure.

At the start of my career, I felt that financial statements were just for accountants and the taxman. But it didn’t take long to learn the importance of financial statements, and how they could help me better manage whatever enterprise I was involved in at the time.

That is why I wrote “Small Business Financial Statements”—so that new business owners can start using their financial statements to better run then business without going through all the trial and error learning experiences.

What is Discussed in This Book?

Here is a partial list of the topics covered in this book:

  • Small Business Accounting
  • Sample Financial Statements
  • Financial Statement Analysis
  • Pro forma Financial Statements
  • Auditing Financial Statements
  • Cash Flow Analysis
  • Small Business Accounting Software
  • Complementary Recordkeeping
  • Much more

To see a sample of what’s in the book, take a look at Amazon’s “Look Inside”—click here.

So, if small business financial statements are a mystery to you—or if you’re just unsure of how best to utilize them—you should take a look at this book.

When you’re ready to give it a try, click on the arrow below:


 

Providing Resources for Beginning Entrepreneurs