Tool Kit: 3 Worksheets to Make It Easier to Track Your Finances
The more you know about your money, the more likely you are to make smart, informed business decisions. Download and use the following worksheets to help you assess how your business is doing – and how to make it even better.
Net Income statement
Your net income statement will help you determine how much money your business is bringing in compared with your outgoing expenses for operations, production, staff and more. Calculate your net income by subtracting your revenue from your expenses.
Analyze your balance sheet monthly and quarterly for a precise snapshot of your business’s financial health. This worksheet will track liabilities, assets, income, expenses and capital so you know what you can cover – and what you can’t.