Farm Credit Services Southwest: Notebook: Financial Tips



	A BALANCE SHEET is a statement of a business's financial position at a specific point in time. It provides a snapshot of what you own (assets) and what you owe (liabilities). When combined, these two items reveal your net worth - either positive or negative. In this case, the business has a net worth of $424,944.88.			Credit Loan or lease? Equity Line of Credit Management Phishing 9 Business Succession... SIMPLE-IRA A closer look Investment Tips Loan officer Building a business plan Business mgt. advice Who needs a consultant? Estate Planning Estate plan essential Do you need a will? Estate planning tips Is Estate Planning Worthwhile? Knowing your net worth... Appraisal Who needs an appraisal? Tax Records: What to keep... Year-end tax tips Alternative Minimum Tax Education tax credits Ask Ken Savings Plans Estate Planning - Q and A Newsletter The BottomLine
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