Financial statements play an important role in any business, no matter the size. The four basic types of statements include the balance sheet, the profit and loss statement and statements on cash flow ...

You just completed the bulk of your business plan, you've come to the end of an important business letter or are in the final stages of a critical sales presentation. Now it's time to begin what is ...

A business statement explains to the world the reason for a company's existence. While it seems like a simple enough thing to develop, many businesses struggle with making their statement streamlined.

Financial statements are essentially the report cards for businesses. They tell the story, in numbers, about the financial health of the business. The information found on the financial statements of ...

You don’t need to be a CPA to understand your company’s financial health. You just need to know where to look. That starts with the income statement—also known as the profit and loss (P&L) ...

While it’s a challenge to summarize an entire business in a single statement, your company’s vision, mission and purpose need to be clearly and succinctly defined before it can be shared with your ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. In financial accounting — one of the most common types ...