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Biowatch

04/15/24 9:09 PM

#251465 RE: oc631 #251458

Hire a secretary or someone to track expenses…

Correct annual reporting is a must for any small business—and a legal requirement for all publicly traded companies. Learn more about how to create annual reports for your business…

If you've never created an annual report before, we strongly recommend meeting with a financial advisor (such as your CPA, business banker, or bookkeeper) to discuss how and why to draw up annual reports. Your financial professional can advise you on what reports to create, then help you interpret the results to make wise business decisions moving forward.


https://www.business.org/finance/accounting/a-guide-to-annual-reports-for-small-businesses/

I’m told that having a clean and clear financial record is important if you ever want a big pharma to buy your company.