As a business owner, it is hard to keep track of the money you have, the money you owe and the money you have coming in. There may be times, however, when you need to declare your financial position in order to know how much you can spend on the next phase of your business or even a home renovation. Your best bet is to work with an experienced accountant who will help you track down every dollar and will also give you an idea of the overall worth of your business should you need the value to secure a loan or sell to a new owner.
