Think of a balance sheet as a report card for your business. It’s a way to monitor your small business’ performance and its ability to meet financial obligations. In this video, Nayo Carter-Gray (1st Step Accounting) outlines the three components of a balance sheet and guides you step-by-step on how to read and prepare one for your business.

https://youtu.be/Zfk-w4-iF4M

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