What Your Balance Sheet Actually Tells You About Your Business

Creative Minds, Smart Money: Finance & Business Tips for Creatives

You’ve heard me say it before, and I’ll say it again—your P&L isn’t the only financial report that matters.

If you’re only looking at your profit and loss each month, you’re missing out on huge insights hiding in plain sight.

In this episode, we’re doing a deep dive into the balance sheet—what it is, how to read it, and why it’s the low-key powerhouse behind your business’s financial health. I’m breaking it all down in plain, creative-friendly language so you can finally feel confident reading your balance sheet (yes, really).

In this episode, we cover:

✅ What the balance sheet actually is and why it matters

✅ What assets, liabilities, and equity mean (and why they’re more than just “accountant speak”)

✅ How to spot red flags—like negative cash or high liabilities

✅ The real story your equity is telling you

✅ What investors and lenders look at (and why you should too)

Whether you’re brand new to reading financial statements or just haven’t looked past your P&L, this episode will show you how powerful the balance sheet can be—especially when you know what to look for.

🎧 Hit play now and let’s make this “boring” report your new favorite decision-making tool.

🔗 Resources & Links

Website: https://www.firestormfinance.com/

Instagram: https://www.instagram.com/firestormfinance/

Threads: https://www.threads.net/@firestormfinance?hl=en

LinkedIn: https://www.linkedin.com/in/samantha-e-8796b6176/

Newsletter: https://firestormfinance.myflodesk.com/ajmiv1kyt1

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