Large corporations may use a team of accountants to prepare bound balance sheets, while money-savvy small business owners may be able to create a simple document without outside assistance.

Business owners often look for ways to manage their finances while keeping a healthy balance sheet. Off-balance sheet financing has become a popular method for this purpose. It allows businesses to ...

A basic tenet of double-entry book-keeping is that total assets (what a business owns) must equal liabilities plus equity (how the assets are financed). In other words, the balance sheet must balance.