Nearly every financial crisis can be traced back to a foundation of weak balance sheets that cracked under the pressure of excessive debt. Companies, households, and governments load up on debt during ...

A sole proprietor often withdraws money from business profits. Because he likely does not receive a regular paycheck from the business, withdrawing business funds is how he pays himself for the work ...

Trulieve Cannabis Corp. recently issued an additional US$60,000,000 of 10.5% senior secured notes due December 17, 2030, while also opening a new medical cannabis dispensary in Fort Myers, Florida, ...

When you want to know a company’s financial health, it helps to look at its balance sheet. But if you’ve never seen a balance sheet before or don’t know how to read one, all you’ll see is a collection ...

Convertible notes can be potent tools for a business. These borrowing instruments can be exchanged for stocks if the investor so desires. Giving such a valuable option to investors allows the issuing ...

Create this important document to show investors the true net worth of your business, and to keep track of your financial trajectory. If the income sheet shows what you’re earning, the balance sheet ...

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 ...