How financial Ratios will tell you if your business has solid foundations (and how to read a balance sheet)

How financial ratios will help you build solid foundations for your business. As a business owner you will own lots of assets, owe other businesses money and have shareholders. The balance sheet brings all these together in a financial snapshot showing the businesses financial position at a specific point in time. Together with the Profit and Loss Statement, and Statement of Cash-flow, […]