Financial reports can feel intimidating, especially for founders without a finance background. But understanding the basics can dramatically improve decision-making and confidence. In this practical guide, Rebecca Nankya Ssemugabi breaks down how to read a balance sheet in simple, everyday language, supported by a hands-on balance sheet generator you can try yourself. M ost founders don’t struggle with running a business. They struggle with understanding the numbers behind it. And few reports feel more intimidating than the balance sheet. But here’s the truth: a balance sheet is simply a snapshot of what your business owns, what it owes, and what’s actually yours at a specific point in time. The Balance Sheet in One Line Every balance sheet is built on one simple equation: Assets = Liabilities + Equity Assets are what the business owns Liabilities are what the business owes Equity is what belongs to the owner(s) If this equation balances, the balance sheet makes sense. A Simple Exa...
Pakistanis are amazing people. When they realize their full potential, they go nuclear on their own. Make fighter jets. Win sports world cups. However, they have a fair share of useless and gross habits. Pakistan would be better off without these:
1. Spitting in every nook and corner
One of the grossest things you would experience in Pakistan is the patches of saliva almost everywhere. The habit isn’t limited to the uneducated folks, even the well-off and educated people indulge in this gross habit. Some spit the Naswar balls, others the ground Chhalya, and the rest, the Pan. Besides having these sweet ‘confectionaries’, people feel compelled to prove their masculinity by hurling the spittle in the most distant trajectories. Believe me, no girl has ever got impressed with this ‘show’ of masculinity.
2. ‘Safai Muhim’ of their noses
You would find some people so engrossed (almost ecstatic) in cleaning their noses and making small balls of boogers that they don’t realize what is happening to the person sitting next to them in a bus, metro, or other public transport. You can’t get over the lingering effect of this Safai Muhim for days, especially when the person also offers a handshake afterward.
3. Sweet Confectionery
You can’t help praising the translator who told you that the betel nuts, chewing tobacco, and Pan (Betel) are in fact “Sweet Confectioneries”. Pathan have chewing tobacco (Naswar). Punjabis have their Pans, while Karachiites blame it to Chhalya, Gutka, Supari, and other “confectioneries”. You find the small green balls of naswar in public washrooms, pan spittle on walls, and minced beetle nuts anywhere.
4. Nit Picking
Taking nit-picking to the next level, some Desi women take it to the next step in socializing when elderly women pick lice and nits from younger women’s hair, literally. Besides, being gross it somehow proves Darwin’s Theory of Evolution. Hint: Watch Nat Geo Chimpanzee Documentaries.
5. Time-Wasting at Weddings
While Americans and Europeans are churning out books on time management and utilizing every second with different apps, tools, and software, Pakistanis don’t even give a damn. When one doesn’t have a plan to start the Walima at 8 PM, then why write it on the invitation cards in the first place? The unfortunate guests who somehow come early despite knowing our national habit, keep cursing the host (Dulha) who is sitting in the salon getting his nose hair trimmed.
Check: What We Can Learn from the 90s Famous Cartoon Show About AI?
Tickle Your Friend - Bringing The Old FB Vibes Back
Comments
Post a Comment