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...
I really don't like to boast about my achievements. There are so many moving parts; getting them right and hitting the bull's eye is not humanly possible. It is truly a blessing of God. People begin to give talks and churn out tutorials on success not realizing the circumstances that created that success were aligned by God. However, it doesn't mean that you should sit idle and wait for the miracles to happen. As they say, God helps those who help themselves. Here are a few points that helped me besides the divine help.
How to say NO diplomatically
73,000+ views
👉Find something that adds value. Many people find it difficult to say No. Clever people exploit this trait to get free work or any other favor. I have personally experienced this situation and learned to say no through trial and error. However, I wanted other nice people to avoid being manipulated. 🚫
How to speak basic Pashto
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👉Write something you are passionate about. Although my mother tongue is Urdu, I was born and raised in the North Western Frontier Province (called Khyber Pakhtunkhwa) of Pakistan. Pashto is the primary language spoken here. I felt indebted to contribute something that shows my appreciation and love for the people and language here. Then I wrote this article; it was a labor of love, and no one paid me for this. 🈗
How to deal with an embarrassing moment
123,000+ views
👉Find a unique topic. When I wrote this article, 'How to deal with an embarrassing situation', there were no results for this keyword. Now, when you search it you find millions of pages (I got 41,500,000 results). In his book 'Expert Secrets', Russell Brunson advises finding a blue ocean or a new niche instead of competing in the red waters.
How to develop a mobile app
149,000+ views
👉Write something that is trending. It is a no-brainer but the real feat is to discover emerging trends and capitalize on them. When I wrote this article smartphone use was growing meteorically. Developers were developing new apps and even novices were boarding the trend bus. Then I wrote this article which proved to be quite useful and has almost 150K views. 📱
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If you like my writing style, I can create high-quality content for you. Here’s how I can help:
1. Write articles and blog posts for your website.📝
2. Craft compelling copy for your website and ads. 📙
3. Develop engaging social media content tailored to your niche. 📣
Contact me on LinkedIn or message me: danishhucane@gmail.com 📧🙂
How to say NO diplomatically
73,000+ views
👉Find something that adds value. Many people find it difficult to say No. Clever people exploit this trait to get free work or any other favor. I have personally experienced this situation and learned to say no through trial and error. However, I wanted other nice people to avoid being manipulated. 🚫
How to speak basic Pashto
238,000+ views
👉Write something you are passionate about. Although my mother tongue is Urdu, I was born and raised in the North Western Frontier Province (called Khyber Pakhtunkhwa) of Pakistan. Pashto is the primary language spoken here. I felt indebted to contribute something that shows my appreciation and love for the people and language here. Then I wrote this article; it was a labor of love, and no one paid me for this. 🈗
How to deal with an embarrassing moment
123,000+ views
👉Find a unique topic. When I wrote this article, 'How to deal with an embarrassing situation', there were no results for this keyword. Now, when you search it you find millions of pages (I got 41,500,000 results). In his book 'Expert Secrets', Russell Brunson advises finding a blue ocean or a new niche instead of competing in the red waters.
How to develop a mobile app
149,000+ views
👉Write something that is trending. It is a no-brainer but the real feat is to discover emerging trends and capitalize on them. When I wrote this article smartphone use was growing meteorically. Developers were developing new apps and even novices were boarding the trend bus. Then I wrote this article which proved to be quite useful and has almost 150K views. 📱
-----x-----x-----
If you like my writing style, I can create high-quality content for you. Here’s how I can help:
1. Write articles and blog posts for your website.📝
2. Craft compelling copy for your website and ads. 📙
3. Develop engaging social media content tailored to your niche. 📣
Contact me on LinkedIn or message me: danishhucane@gmail.com 📧🙂
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