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What Your Balance Sheet Actually Tells You About Your Business

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Manage episode 484052184 series 3594635
Content provided by Samantha Eck | Bookkeeper for Creatives. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Samantha Eck | Bookkeeper for Creatives or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

You’ve heard me say it before, and I’ll say it again—your P&L isn’t the only financial report that matters.

If you’re only looking at your profit and loss each month, you’re missing out on huge insights hiding in plain sight.

In this episode, we’re doing a deep dive into the balance sheet—what it is, how to read it, and why it’s the low-key powerhouse behind your business’s financial health. I’m breaking it all down in plain, creative-friendly language so you can finally feel confident reading your balance sheet (yes, really).

In this episode, we cover:

✅ What the balance sheet actually is and why it matters

✅ What assets, liabilities, and equity mean (and why they’re more than just “accountant speak”)

✅ How to spot red flags—like negative cash or high liabilities

✅ The real story your equity is telling you

✅ What investors and lenders look at (and why you should too)

Whether you’re brand new to reading financial statements or just haven’t looked past your P&L, this episode will show you how powerful the balance sheet can be—especially when you know what to look for.

🎧 Hit play now and let’s make this “boring” report your new favorite decision-making tool.

🔗 Resources & Links

Website: https://www.firestormfinance.com/

Instagram: https://www.instagram.com/firestormfinance/

Threads: https://www.threads.net/@firestormfinance?hl=en

LinkedIn: https://www.linkedin.com/in/samantha-e-8796b6176/

Newsletter: https://firestormfinance.myflodesk.com/ajmiv1kyt1

📢 Love this episode? Share it with a friend and leave a review to help more creatives build businesses that actually last.

Got a topic or guest suggestion? Let me know here!

  continue reading

49 episodes

Artwork
iconShare
 
Manage episode 484052184 series 3594635
Content provided by Samantha Eck | Bookkeeper for Creatives. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Samantha Eck | Bookkeeper for Creatives or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

You’ve heard me say it before, and I’ll say it again—your P&L isn’t the only financial report that matters.

If you’re only looking at your profit and loss each month, you’re missing out on huge insights hiding in plain sight.

In this episode, we’re doing a deep dive into the balance sheet—what it is, how to read it, and why it’s the low-key powerhouse behind your business’s financial health. I’m breaking it all down in plain, creative-friendly language so you can finally feel confident reading your balance sheet (yes, really).

In this episode, we cover:

✅ What the balance sheet actually is and why it matters

✅ What assets, liabilities, and equity mean (and why they’re more than just “accountant speak”)

✅ How to spot red flags—like negative cash or high liabilities

✅ The real story your equity is telling you

✅ What investors and lenders look at (and why you should too)

Whether you’re brand new to reading financial statements or just haven’t looked past your P&L, this episode will show you how powerful the balance sheet can be—especially when you know what to look for.

🎧 Hit play now and let’s make this “boring” report your new favorite decision-making tool.

🔗 Resources & Links

Website: https://www.firestormfinance.com/

Instagram: https://www.instagram.com/firestormfinance/

Threads: https://www.threads.net/@firestormfinance?hl=en

LinkedIn: https://www.linkedin.com/in/samantha-e-8796b6176/

Newsletter: https://firestormfinance.myflodesk.com/ajmiv1kyt1

📢 Love this episode? Share it with a friend and leave a review to help more creatives build businesses that actually last.

Got a topic or guest suggestion? Let me know here!

  continue reading

49 episodes

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