How Strong is My Balance Sheet, Part 1

If you want to get a bank loan, attract investment capital, or make smart financial decisions, it helps to know how to evaluate and strengthen your company's balance sheet.

Many entrepreneurs focus on the Profit & Loss statement, but lenders and investors scrutinize the balance sheet just as carefully, because it says so much about how a company is being run.

In this video you'll learn how to quickly assess your company's financial position by looking at 12 numbers:

1. Net Income
2. Total Equity
3. Total Liabilities
4. Debt-to-Equity Ratio
5. Cash
6. Accounts Receivable (A/R)
7. Accounts Payable (A/P)

Part 2 of this video covers:
8. Inventory
9. Shareholder Loans Receivable
10. Working Capital
11. Current Ratio
12. Quick Ratio.

This video is designed for bookkeepers and business owners who want to improve their ability to analyze and improve the health of small business financial statements.

We assume a working knowledge of financial statements (including the information in our Balance Sheet 101 series), QuickBooks, and Excel.

Software used in this video: QuickBooks 2009 Accountants' Edition and Microsoft Excel 2009.

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Copyright 2009 David Stern CFO. All rights reserved.

Category:

Education

Tags:

• small
• business
• financial
• quickbooks
• excel
• cash
• flow
• profitability
• rent-a-CFO
• consultant

[taksass]

That's plain, it is like as never cleared .. Thank u !

[videogaga5]

good one david, helped me a lot, looking forward for more insights, my best wishes to you.

[Silvert1p]

this helped me a lot.  thanks.