Understanding Your Balance Sheet

This course is tailored for early-stage business owners who need to understand their balance sheet and how it reflects the financial health of their business. The balance sheet is one of the most critical financial statements, providing a snapshot of your company’s assets, liabilities, and equity at a specific point in time. In this course, you’ll learn how to read and interpret your balance sheet, understand key components like assets, liabilities, and owner’s equity, and how these elements work together to show the overall financial position of your business. You’ll also discover how the balance sheet connects to other financial statements and why it’s important for making informed business decisions. By the end of the course, you’ll have the knowledge and confidence to use your balance sheet as a tool to monitor your financial standing, make better business decisions, and prepare for growth. Ideal for early-stage business owners who want to build a strong financial foundation and improve their financial literacy.