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.

A financial advisor can help you optimize off-balance sheet financing strategies so that they align with your small business goals. Off-balance sheet financing helps companies effectively manage ...

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.