In This Chapter
• Developing the sheet
• Checking liquidity
• Managing assets
• Understanding debt
You’ve probably been wondering how paying attention to all this detail will help you manage your business.
You’ve put a lot of work into building your accounting system; now it’s time to learn how to take advantage of the fruits of all that labor.
After all the data is in place and you’ve checked its accuracy, we can use the numbers to help you understand how well your business is doing, as well as present your business to investors and bankers.