Balancing Act
The balance sheet can be one of your most important business tools
by Norman Brodsky
Mar 01, 2017
2 minutes
AMONG ALL THE TOOLS entrepreneurs have to monitor what’s going on in their businesses, one of the most important—and least used—is the balance sheet. Most people understand the concept of an income statement, even if they don’t really know how to use one. They’re aware that you won’t last long in business if you’re not consistently earning a profit on whatever it is you
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