{"id":8444,"date":"2022-10-11T17:27:54","date_gmt":"2022-10-11T21:27:54","guid":{"rendered":"https:\/\/www.eastwindsorchamber.com\/site\/?p=8444"},"modified":"2022-10-11T17:27:54","modified_gmt":"2022-10-11T21:27:54","slug":"do-you-understand-financial-statements","status":"publish","type":"post","link":"https:\/\/www.eastwindsorchamber.com\/site\/do-you-understand-financial-statements\/","title":{"rendered":"Do You Understand Financial Statements"},"content":{"rendered":"<div>\n<div class=\"x1cy8zhl x78zum5 x1q0g3np xod5an3 x1pi30zi x1swvt13 xz9dl7a\">\n<div class=\"x1iyjqo2\">\n<div class=\"x78zum5 xdt5ytf xz62fqu x16ldp7u\">\n<div class=\"xu06os2 x1ok221b\">\n<h4 id=\"jsc_c_1au\" class=\"x1heor9g x1qlqyl8 x1pd3egz x1a2a7pz x1gslohp x1yc453h\"><span class=\"xt0psk2\"><a class=\"x1i10hfl xjbqb8w x6umtig x1b1mbwd xaqea5y xav7gou x9f619 x1ypdohk xt0psk2 xe8uvvx xdj266r x11i5rnm xat24cr x1mh8g0r xexx8yu x4uap5 x18d9i69 xkhd6sd x16tdsg8 x1hl2dhg xggy1nq x1a2a7pz xt0b8zv xzsf02u x1s688f\" tabindex=\"0\" role=\"link\" href=\"https:\/\/www.facebook.com\/ckbookkeepingllc.net\/?__cft__[0]=AZX_XoAWY1bCWg1byhwX0lAUTCPr0hevQ-jPX4Irh7qMYSvQhNlblDsaLEFrmm_3BAQVLqIfbGMuLLZLbx4XVfif5gvFG4dHWeGlTrcemYUveZwsUF5WRIvgzioVhtyTji_A5njttcJKpv9YU10QcF92fdmUNATyJDj0WE9dVD2kbDcuGL4KBoTRisxSSREJRzg&amp;__tn__=-UC%2CP-R\"><strong>CK Bookkeeping LLC<\/strong><\/a><\/span>\u00a0 asks -Do you understand <em>Financial Statements<\/em> and why your business needs them?<\/h4>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-8445\" src=\"https:\/\/www.eastwindsorchamber.com\/site\/wp-content\/uploads\/2022\/10\/ck1011.png\" alt=\"\" width=\"600\" height=\"503\" \/><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"\" dir=\"auto\">\n<div id=\"jsc_c_1aw\" class=\"x1iorvi4 x1pi30zi x1l90r2v x1swvt13\" data-ad-comet-preview=\"message\" data-ad-preview=\"message\">\n<div class=\"x78zum5 xdt5ytf xz62fqu x16ldp7u\">\n<div class=\"xu06os2 x1ok221b\">\n<div class=\"x11i5rnm xat24cr x1mh8g0r x1vvkbs xtlvy1s x126k92a\">\n<div dir=\"auto\">\u00a0 \u00a0 <strong>\u00a0 Financial statements are reports that show a company\u2019s financial health and profitability<\/strong>.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u00a0 \u00a0 \u00a0There are three types of financial statements:<\/div>\n<div dir=\"auto\">\u00a0 \u00a0 \u00a0Balance sheets; Income, or profit and loss statements (P&amp;Ls); and Cash flow.<\/div>\n<div dir=\"auto\"><\/div>\n<\/div>\n<div class=\"x11i5rnm xat24cr x1mh8g0r x1vvkbs xtlvy1s x126k92a\">\n<div dir=\"auto\">\u00a0 \u00a0 \u00a0Accurate financial statements are especially important if you\u2019re looking for a loan your business. Lenders will look at your financial statements to determine if you qualify for a loan.<\/div>\n<div dir=\"auto\"><\/div>\n<\/div>\n<div class=\"x11i5rnm xat24cr x1mh8g0r x1vvkbs xtlvy1s x126k92a\">\n<div dir=\"auto\">\u00a0 \u00a0 \u00a0 Beyond that, financial statements help a business owner understand their bottom line and overall health of their business. This helps the make decisions about purchases, inventory, payroll, marketing, and expansion.<\/div>\n<div dir=\"auto\"><\/div>\n<\/div>\n<div class=\"x11i5rnm xat24cr x1mh8g0r x1vvkbs xtlvy1s x126k92a\">\n<div dir=\"auto\">\u00a0 \u00a0 \u00a0 Your bookkeeper can keep your financials accurate and up-to-date and provide you with monthly and quarterly reports.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u00a0 \u00a0 \u00a0 \u00a0 Keeping aware of the financial health of your business. There should be no surprises when you need to produce a financial statement.<\/div>\n<div dir=\"auto\"><\/div>\n<\/div>\n<div class=\"x11i5rnm xat24cr x1mh8g0r x1vvkbs xtlvy1s x126k92a\">\n<div dir=\"auto\">Reach out to CK Bookkeeping to see how accurate financials can help your business thrive. <strong><a class=\"x1i10hfl xjbqb8w x6umtig x1b1mbwd xaqea5y xav7gou x9f619 x1ypdohk xt0psk2 xe8uvvx xdj266r x11i5rnm xat24cr x1mh8g0r xexx8yu x4uap5 x18d9i69 xkhd6sd x16tdsg8 x1hl2dhg xggy1nq x1a2a7pz xt0b8zv x1fey0fg\" tabindex=\"0\" role=\"link\" href=\"https:\/\/ckbookkeepingllc.net\/?fbclid=IwAR3KHSgbchCZX0ZZi3CLtNhh-Ood-6WX37t0JgYJ2asZFGce_z1G-FLPvR8\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/ckbookkeepingllc.net\/<\/a><\/strong><\/div>\n<div dir=\"auto\"><strong>860-849-5704<\/strong><\/div>\n<div dir=\"auto\">\u00a0 <img decoding=\"async\" class=\"alignnone size-full wp-image-8281\" src=\"https:\/\/www.eastwindsorchamber.com\/site\/wp-content\/uploads\/2022\/09\/ckl.png\" alt=\"\" width=\"496\" height=\"473\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>CK Bookkeeping LLC\u00a0 asks -Do you understand Financial Statements and  [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-8444","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.eastwindsorchamber.com\/site\/wp-json\/wp\/v2\/posts\/8444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eastwindsorchamber.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eastwindsorchamber.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eastwindsorchamber.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eastwindsorchamber.com\/site\/wp-json\/wp\/v2\/comments?post=8444"}],"version-history":[{"count":1,"href":"https:\/\/www.eastwindsorchamber.com\/site\/wp-json\/wp\/v2\/posts\/8444\/revisions"}],"predecessor-version":[{"id":8446,"href":"https:\/\/www.eastwindsorchamber.com\/site\/wp-json\/wp\/v2\/posts\/8444\/revisions\/8446"}],"wp:attachment":[{"href":"https:\/\/www.eastwindsorchamber.com\/site\/wp-json\/wp\/v2\/media?parent=8444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eastwindsorchamber.com\/site\/wp-json\/wp\/v2\/categories?post=8444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eastwindsorchamber.com\/site\/wp-json\/wp\/v2\/tags?post=8444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}