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Insights and educational resources for business owners
How are small business owners supposed to navigate the effects of inflation? Explore these 8 strategies your small business can implement to manage inflation.
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You’ll want to review your income statement regularly, along with your balance sheet and cash flow statement, to track your performance and ensure that your business operations are healthy. Income statement definition An income statement shows detailed information about your revenue and expenses over a specific period of time, like last month, last quarter, or […]
How to create a cash flow forecast (using this cash flow template) You can use this cash flow template to forecast cash flow or to create a historical cash flow statement. Creating a new cash flow forecast The download that we provide here is a “direct” cash flow statement. It totals up all of the […]
The balance sheet is one of the key financial statements that you should review regularly—at least once a month. Balance sheet definition Your balance sheet shows the current financial state of your company and summarizes what you own (your assets), what you owe (your liabilities), and the money you’ve invested into your business, plus profits […]
What is a one-page business plan? The one-page business plan is a simplified version of traditional operational plans that focuses on the core aspects of your business. While it may be a shorter business plan, it still follows the structure of a standard business plan and serves as a beefed-up pitch document. There’s really not a lot […]
Growth planning is a system to help you continuously plan, forecast, review, and refine your financial strategy to better manage your business. It’s an active and data-driven process for making informed and confident decisions. In this ebook you’ll learn how to: Build a flexible one-page plan Create accurate and insightful financial forecasts Evaluate your performance […]
Watch this recording on how we dug into how Industry Data gives you robust industry reports directly in LivePlan. See an overview of your industry’s structure and risks, regular updates on news and trends, and invaluable financial insights to help guide your plan. Try for yourself