Small Business Year-End Checklist
- Get your financial books in order. This includes preparing, or having someone prepare, the three standard reports:
- Balance Sheet – This shows what your business owns, what it owes, and how much equity the company has.
- Income Statement – Itemize your revenue and expenses, which will show you if your business is profitable at this point in time.
- Cash Flow Statement - Reconciles your opening cash with your closing cash for a particular period, showing you where the money has gone.
Don’t forget, our Relationship Managers are here to help. They have years of business experience, knowledge, and contacts that can help you reach your financial goals.
The views, information, or opinions expressed in this article are solely those of the author and do not necessarily represent the views of Citizens State Bank and its affiliates, and Citizens State Bank is not responsible for and does not verify the accuracy of any information contained in this article or items hyperlinked within. This is for informational purposes and is no way intended to provide legal advice.