I’m in the process of writing a business Proposal and the client has set out a criteria of what they need one being financials but I’m unsure what exactly they mean. Can you advise?
Financials generally refers to the following:
1. Profit & Loss (aka Income Statement)
2. Balance Sheet
3. Cash Flow
Click the link below to learn more about all 3 of these statements: https://fitsmallbusiness.com/profit-and-loss-statement-pl-income/.
You should also ask your client if they were expecting any other financials besides the 3 statements above just to ensure that you are both on the same page.
All the Best-
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