A balance sheet is a snapshot of your business on a particular date. It lists all of your business's assets and liabilities. You can then find out what your net assets are at that time. A balance sheet can also help you work out your: working capital - money needed to fund day-to-day operations

Balance Sheet Projections STEP 3 Income Statement Projections Working Capital There are a few balance sheet items we can project at this time but, as you can see from the pink shading, most require separate schedules that we will build in subsequent steps and link to the balance sheet.