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Business Funding Secrets - Balance Sheet Basics
Submitted On 2007-07-03

A Balance Sheet is a summary statement of the firm’s financial position at a given point in time.

During the initial steps of requesting either a business loan from a Lender, or equity investment from a Venture Capitalist the Client needs to provide a Current Balance Sheet. The balance sheet should represent the Client’s financial position from the most previous complete month. When a funding request is being made, it is imperative to provide the recent financial status of the firm.

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Target Audience: Business Funding, Finance Consultants, Business Consultants

Tags: Business Funding, Finance Consultants, Business Consultants

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Ezine Owner: Brad MacLiver

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