Regular and accurate financial statements will help you stay on top of your business, and will allow you to identify and timely react to trends that affect your business. Financial statements and financial reports are vital tools that will help you control your business so that your business does not end up controlling you. Bookkeeps can help by:
- Providing monthly, quarterly and/or annual balance sheets, income statements (sometimes call profit and loss statements), and cash flow statements
- Calculation and Analysis of ratios and qualitative reports to assess the real-time health of your business
- Training in interpretation and proper use of financial statements and reports