Demystifying Equity on the Balance Sheet
If you've ever looked at your balance sheet and tried to make sense of the Equity Section and couldn't...you aren't alone! Equity is the most confusing part of the balance sheet for most small business owners, but NOT ANYMORE!
In this video, Hannah explains what you will see on a typical small business equity section and what it SHOULD look like. She also goes over some best practices and even shows you how to fix an equity section that has been neglected for years.
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Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/
Disclaimer: This video is intended for educational purposes and
should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.
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