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when the end of the year rolls around youre probably thinking about spending time with your family choosing a new years resolution and building your balance sheet yep the most wonderful time of the year is the perfect time to evaluate your success plan for next year and create a snapshot of your business if you havent created a balance sheet before it can feel like a monstrous task what do I need to include where do the numbers come from having a balance sheet is critical to your operation success thats where resources from farm credit can help not only does it give you an excellent understanding of your business you can easily calculate key financial ratios and provide important information to your financial advisors and lenders such as Farm Credit from a high level balance sheets are simple they include three main components assets liabilities and owners equity assets are anything you own that have monetary value assets are classified as current or non-current current meaning t
