An integral part of running a small business is analyzing your finances on a regular basis. You need to stay up to date on important financial aspects of your business such as your revenue, expenses, and cash flow. At PL Consulting, we specialize in putting together your financial statements and analyzing your financial position at the end of each cycle. However, you still need to understand the basics of accounting when it comes to your small business. Luckily, we have put together an overview of the financial statements you need to prepare.