We help in the preparation of the projected balance sheets to our valuable clients. It is one of the basic requirements for initial and ongoing funding proposals. The balance sheet is an essential management tool, as well, and provides the most accurate indication of financial health or problems.

• Collect the company’s financial records. Separate them into income and expenses. These two broad categories form the basic structure of your balance sheet.
• Prepare an estimate of current assets. Total your cash on hand and outstanding receivables. Calculate and list the value of inventory, securities, vehicles and anything else that could be converted into cash or business income.
• List the current value of real property, land, machinery and equipment owned by the business. These are fixed assets. These items are the only tangible assets allowed in business balance sheet.
• Identify intangible assets, their value and any associated costs. Treat patents and copyrights as intangible assets. The fees for filing patent applications and the actual research and development labor costs are also intangible. List these separately and add them to the tangible assets list.