By Tyler Garrett, executive assistant to Randy Russon, founder of TOP CFOS
A little extra cash can be very beneficial when a business isn’t making enough money. These extra funds can come from a few sources, but before seeking these funding sources, a company needs to be able to display its finances professionally. This includes preparing excellent profit/loss reports and balance sheet statements. If you’re trying to impress an investor or banker, then your presentation of this information can influence a yes or no response. Just like fly-fishing: You have to make the right presentation, or the big browns won’t strike. It’s the same when approaching an investor or banker.