What is a balance sheet and what elements do small business owners need to be aware of that Lenders look for?

If you’re a small business owner, you’ve probably heard people talk about a Profit & Loss Statement (also called a P&L or Income Statement). But what exactly is it—and why do lenders make such a big deal about it?

8 Strategies to Navigate Your Financials with Confidence Small businesses are the backbone of our economy, but they face unique...