Episode 14
This is the fourth, and last, episode in our Financial Basics for Authors series. In this episode, I talk about knowing what your business owns, what it owes to others, and your owner equity. This information is shown on your balance sheet.
Download a sample financial statement (both the Income Statement and Balance Sheet) to look at while I walk you through them. https://indieauthorbizguide.com/resources/
0:00 This week’s episode
0:33 Welcome to the Podcast
1:36 The Balance Sheet
2:09 The importance of the Balance Sheet
3:32 The Balance Sheet sections
3:43 Assets
6:56 Liabilities
10:41 Equity
12:09 What a Healthy Business looks like
12:22 An unhealthy business’ Balance Sheet
12:53 Resources to help you
Find out more about how I can help you with your author business with Author Business Coaching
Additional show notes and transcripts are on my website: IndieAuthorBizGuide.com/podcast
Learn more about Micro Coaching
To get more in-depth assistance with your author business, my Author Business Coaching may be for you.
Get your free Indie Business Checklist
Check out my fantasy books
Learn more about, and purchase the book: Business and Accounting for Authors
Support the show, buy me a coffee!
Connect with me!
LinkedIn: tora-moon-author-bizguide
Facebook: indieauthorbizguide
Instagram: @toramoonindiebiz
Music, Inspiring Sunny Day, used on the show is licensed from Nazar Rybak via MelodyLoops.com
Episode 14
This is the fourth, and last, episode in our Financial Basics for Authors series. In this episode, I talk about knowing what your business owns, what it owes to others, and your owner equity. This information is shown on your balance sheet.
Download a sample financial statement (both the Income Statement and Balance Sheet) to look at while I walk you through them. https://indieauthorbizguide.com/resources/
0:00 This week’s episode
0:33 Welcome to the Podcast
1:36 The Balance Sheet
2:09 The importance of the Balance Sheet
3:32 The Balance Sheet sections
3:43 Assets
6:56 Liabilities
10:41 Equity
12:09 What a Healthy Business looks like
12:22 An unhealthy business’ Balance Sheet
12:53 Resources to help you
Find out more about how I can help you with your author business with Author Business Coaching
Additional show notes and transcripts are on my website: IndieAuthorBizGuide.com/podcast
Learn more about Micro Coaching
To get more in-depth assistance with your author business, my Author Business Coaching may be for you.
Get your free Indie Business Checklist
Check out my fantasy books
Learn more about, and purchase the book: Business and Accounting for Authors
Support the show, buy me a coffee!
Connect with me!
LinkedIn: tora-moon-author-bizguide
Facebook: indieauthorbizguide
Instagram: @toramoonindiebiz
Music, Inspiring Sunny Day, used on the show is licensed from Nazar Rybak via MelodyLoops.com