
Why Bookkeeping?
01
Why?
Bookkeeping is the foundation of accurate Financial Statements. These statements are used to show the Profit & Loss; Net Worth and Cash Flow of the Business.
Correct Financial Statements are used for Institutional loans like Banks. They are also used to purchase investments; to raise funding from a VC (Venture Capitalist); Angel investor and Private Equity firm.
Financial Statements show the soundness of the Business along with the integrity of the owner or founder. Most successful and profitable businesses have one major component across the board, they keep compliant financials.
Which is why Zippy Financial Readiness Assessment is Here!
Purpose:
To help you understand:
Where your finances stand
What is missing
Whether your personal/business records are loan-ready
What you need to organize before applying for financing
