Business Finances Now

Tracks the movement of cash in and out. It is critical for ensuring liquidity, as a profitable business can still fail if it runs out of cash to pay immediate bills. 2. Strategic Financial Planning

Summarizes revenue and expenses over a specific period to determine net profit or loss. business finances

Provides a snapshot of what the business owns (assets), what it owes (liabilities), and the owner's equity at a specific point in time. Tracks the movement of cash in and out