One Sherpa » balance sheet

Finishing Well ( Part 3 )

Andee Sellman — Sun, 10 May 2009 10:45:24 +0000

For those of you that follow this blog you will know that we have a particular way of talking about the balance sheet. We talk about Capital funded by Debt and Equity. Also, Capital is represented by the colour green because we say that this is the garden where you grow things. So in our [...]

Finishing Well ( Part 2 )

Andee Sellman — Mon, 04 May 2009 01:00:12 +0000

Posted in business finance Mindset

Remember in the last post I was talking about endurance riding. Remember the final visit to the vet and the fact that the horse had to be fit to do another 40 kilometres? Many business owners in their haste to make profit forget to feed their business and it becomes run down. They take every [...]

Finishing Well ( Part 1 )

Andee Sellman — Wed, 29 Apr 2009 09:04:35 +0000

Posted in business finance Mindset

I used to be an endurance rider which involved riding horses over long distances. The most popular distance was 80 kilometres and this would involve two sections of 40 kilometres each. The ride would usually take place on a Sunday morning and we would travel to the location on a Saturday. The programme would look [...]

What the heck is a balance sheet all about and why it doesn’t make sense?

Andee Sellman — Fri, 06 Mar 2009 04:42:17 +0000

Posted in Management

Lots of people get confused by balance sheets because they have no idea what they’re meant to represent. Have you ever done a project? What was more important; The project milestones or the project plan? When you compare this to financial accounts, the milestones are balance sheets and the plan is the profit and loss [...]