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...
Indian startups have taken the world by storm, reshaping industries and making their mark on the global stage. But how much do you know about these innovative companies and the minds behind them? From the groundbreaking ventures of tech giants to new-age disruptors, Indian companies have achieved some remarkable feats.
If you run a startup enthusiast, or are you just getting started on your journey into the world of entrepreneurship? Take our quiz to test your knowledge! With 10 fun questions, you’ll get to see how well you know these game-changing companies—and maybe even learn something new along the way.
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