Three key financial statements that should be found in a business plan are: income statement, balance sheet and cash flow statement.

Question

Quizplus · Accepted Answer

These three financial statements are essential to demonstrate the financial health and performance of a business to potential investors, lenders, and other stakeholders. The income statement shows the revenue and expenses over a specific period, the balance sheet reports assets, liabilities, and equity at a specific time, and the cash flow statement tracks the inflow and outflow of cash over a period.

Three Key Financial Statements That Should Be Found in a Business