Handling your small-business finances requires more than just knowing what’s in your bank account. Business owners use different types of financial statements including income statements, balance sheets and cash flow statements to gain a better perspective of their company’s current financial state. Each of the three main financial statements focus on a particular aspect of your finances and provide a snapshot of the financial performance of your business. While an entire set of financial statements tells the complete story of an organisation, each report can stand on its own for different purposes and is often used for external reporting.
Our financial statement templates and examples will allow you to get a better handle on your accounting and can be a useful tool when courting investors or applying for a small business loan.
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