Create a balance sheet for your small business to aid in forecasting sales, expenses and profits. Balance sheets report whether a business is earning enough to stay profitable. Net profit margins ...

While you may consider a balance sheet to be an essential financial statement for a company, assessing your own personal assets, equity and wealth in a well-laid-out financial report is equally ...

If you sell merchandise or manufacture products, you depend on selling your inventory to earn revenue. To know your gross profit, you must track your sales and the cost of goods sold, or COGS.