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...
Your manager tried twice to sabotage your weekend plans, and you dodged both attempts like a pro.
But now? He’s upped the ante. He’s at your doorstep, his ego so inflated him, he’s practically a human balloon now. And not the fun kind.
Your mission: Pop 20 balloons in 30 seconds to save your weekend from being drowned in endless WFH tasks. Fail, and it’s game over for your downtime. Don’t be fooled by that cute face – he’s devilish, not delightful.
Time’s ticking – pop those balloons now and reclaim your weekend!
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