Business Finances and Reports

About budgets and financial reporting

Mismanagement of money is a common reason businesses don’t succeed. Ensure you have robust systems in place to budget and keep track of your finances, and provide information to help you make business decisions.

Reports

Your three most important financial reports are your balance sheet, profit and loss (or income) statement, and cash flow report.

Together, these reports provide a snapshot of the financial situation of your business, and are vital pieces of information both for your business managers and for stakeholders such as investors and lenders.

 

Useful resources

Finance tips to help your business

Tips for improving cash flow

All about financial reports

Financial models step-by-step guide and workbook