One of the tools that can be used to assess the performance of your business or organization is a balance sheet. A balance sheet, which should be a part of the financial model in your business plan, categorizes your assets (everything you own), your liabilities (everything you owe) and your equity…
Use a balance sheet to evaluate the health of your business
![](https://kominosolutions.com/wp-content/uploads/2022/02/Balance-Sheet-Template-300x180.png)