Entrepreneurs usually create pro forma statements to project future financial returns from new business ventures. Pro forma statements are commonly included in the entrepreneur's business plan. These ...

A business bank statement tracks transactions, balances, and cash flow. Learn key components and tips for better financial management. A business bank statement is an official financial document ...

An income statement is your business’s bottom line: your total revenue from sales minus all of your costs. Financial data is always at the back of the business plan, but that doesn’t mean it’s any ...

An income statement is a financial document that details the revenue and expenses of a company. Some investors and analysts use income statements to make investing decisions. The income statement, ...

The balance sheet is one of a company's most important financial statements, because it gives investors a snapshot of the company's financial health at any given moment in time. Essentially, it is a ...

Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...