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Monday, December 11, 2017    

Improving the Health of Your Business With Cost-Cutting & Operational Efficiency

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Lisa GoodaleLisa J. Goodale is a consultant and supply chain geek living in Frisco, TX. Ms. Goodale graduated from the nation's sixth best operations schools. She contributes articles, blogs, web content and has offered her services to many. Check out testimonials .
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November 2009  (3)
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Balance Sheets

How are balance sheets useful?

Say "cheese!" Balance statements are nothing more than snapshots. They have the balance of the checkbook, the outstanding long term liabilities, long term assets, and depending on the type of business, they show owner's equity as well. Like the income statements, they stem from the chart of the accounts. The first step in review of the business, therefore, is always, always, always review the chart of accounts.

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