I apologize in advance if this is a dumb question to ask.
I am trying to lease a small building for my clothing boutique. The landlord is asking for a balance sheet of my financials. This is my first time doing so. I am young and my business is fairly new, so I do not have very much assets or liability. What types of things can i put into my balance sheet. As for assets I know the little cash I have saved, a small loan and inventory. Would I put things like the cost of my car? I don't have a morgage or equity or anything like that.
And Liability would I put my credit card debt and school loans in this category?
Jul 25, 2017