As a business owner, you should know how much you own and how much you owe.
Keeping a tab of all your assets and liabilities will help you evaluate the financial strength of your company.
Having an insight into this information will help you make more up-to-date investments and cost-cutting measures to save and add more to your equity.
This Balance Sheet Excel template is very straightforward, easy to understand and highly customizable.
Also, Assets America has some fantastic resources about keeping your business healthy.
For instance, check out their awesome guide to writing a business plan for a hotel and running an apartment complex. If you’re into running those kinds of businesses, you’re in for a treat!