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As a small business owner in today’s economy, what three financial reports would you use on a regular basis?

A minimum of two discussion entries must be made for each topic. Be sure to enter at least two responses: the first one to answer the Discussion Question, and the second as an interaction with another post (a minimum of three sentences consisting of a comment, an explanation, or a disagreement). A mere “I agree” or “I disagree” or just a question will not be counted for grading. The discussion grade will be based on the quality of your contributions to the discussion.

Instructions
This week contains multiple discussion questions that you are required to answer.

As a small business owner in today’s economy, what three financial reports would you use on a regular basis?
What information would you find on each statement?
What decisions might each statement help you make? Please provide specific examples.

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