{"id":30833,"date":"2025-05-30T07:51:12","date_gmt":"2025-05-30T11:51:12","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?p=30833"},"modified":"2025-05-30T07:51:14","modified_gmt":"2025-05-30T11:51:14","slug":"balance-sheet-template","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/balance-sheet-template\/","title":{"rendered":"Balance sheet template (download in Excel)"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/category\/growth-customers\/\" class=\"entry-header__link\">Growth &amp; Customers<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tBalance sheet template (download in Excel)\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \">Published <time class=\"entry-date published\" datetime=\"2025-05-30T07:51:12-04:00\">May 30, 2025<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"Balance sheet template (download in Excel)\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/blog\/balance-sheet-template\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-us\/blog\/author\/yassirmalik\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/03\/Yassir-Malik.jpg\" class=\"entry-author__image\" alt=\"yassir-malik-profile-picture\" \/>\t\t\t\t<span class=\"entry-author__name\">Yassir Malik<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">A balance sheet is one of three essential financial statements that reveal your business&#8217;s financial status. It shows what your company owns, its debts, and shareholder equity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Along with the balance sheet, the <a href=\"https:\/\/www.sage.com\/en-us\/blog\/income-statement-template\/\" target=\"_blank\" rel=\"noreferrer noopener\">income <\/a>and <a href=\"https:\/\/www.sage.com\/en-us\/blog\/cash-flow-statement-template\/\" target=\"_blank\" rel=\"noreferrer noopener\">cash flow statements <\/a>make up the trio of core financial statements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This guide will explain what the balance sheet is and why it\u2019s essential for businesses of all sizes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We also provide a free balance sheet template in Excel for you to download, show you how to complete it, and explain what each section includes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Here&#8217;s what we&#8217;ll cover:<\/strong><\/p>\n\n\n<?xml encoding=\"utf-8\" ?><div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><ul><li><a href=\"#h-what-is-a-balance-sheet\" data-level=\"2\">What is a balance sheet?<\/a><\/li><li><a href=\"#h-why-is-a-balance-sheet-important\" data-level=\"2\">Why is a balance sheet important?<\/a><\/li><li><a href=\"#h-how-the-balance-sheet-works\" data-level=\"2\">How the balance sheet works<\/a><\/li><li><a href=\"#h-what-s-included-in-a-balance-sheet\" data-level=\"2\">What&rsquo;s included in a balance sheet?<\/a><\/li><li><a href=\"#h-balance-sheet-template-nbsp\" data-level=\"2\">Balance sheet template&nbsp;<\/a><\/li><li><a href=\"#h-how-to-complete-your-balance-sheet\" data-level=\"2\">How to complete your balance sheet<\/a><\/li><li><a href=\"#h-balance-sheet-example\" data-level=\"2\">Balance sheet example<\/a><\/li><li><a href=\"#h-what-are-the-limitations-of-a-balance-sheet\" data-level=\"2\">What are the limitations of a balance sheet?<\/a><\/li><li><a href=\"#h-faqs\" data-level=\"2\">FAQs<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-a-balance-sheet\"><a><\/a>What is a balance sheet?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A balance sheet shows a company\u2019s financial position on a specific date, often at the end of an accounting period. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This key financial statement is divided into 3 main sections:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Assets<\/li>\n\n\n\n<li>Liabilities<\/li>\n\n\n\n<li>Shareholders\u2019 equity<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The balance sheet is also called a \u201cstatement of financial position\u201d.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Unlike other reports that track changes over time, it captures a single moment in your business finances.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Its value lies in comparing it with past sheets to track shifts and patterns, but also in providing information about solvency, cash flow details, and credit risk.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Businesses rely on the balance sheet for both internal planning and external reporting.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It lists a company&#8217;s assets (what it owns), liabilities (what it owes), and equity (the owners&#8217; residual value after subtracting liabilities from assets).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This breakdown helps you evaluate your company\u2019s liquidity and whether the business can cover long-term obligations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, a high equity value suggests stability, while heavy liabilities could signal risk.<\/p>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Balance Sheet template<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p>Download a free, easy to use balance sheet template in Excel. <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-43207406-9ffa-4f1d-845b-914653b7ac30\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download now<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"453\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-template-example-453x810.jpg\" class=\"single-cta__image\" alt=\"An example of a balance sheet\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-template-example-453x810.jpg 453w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-is-a-balance-sheet-important\"><a><\/a>Why is a balance sheet important?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A balance sheet gives you a clear snapshot of your finances at a specific point in time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s why this report matters:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Lenders often use it to assess creditworthiness before approving funding<\/li>\n\n\n\n<li>You can spot financial vulnerabilities (like rising debt over time)<\/li>\n\n\n\n<li>Make informed decisions about operations, investments, and growth strategies&nbsp;<\/li>\n\n\n\n<li>Investors use it to assess your financial health before investing<\/li>\n\n\n\n<li>They\u2019re often required for regulatory purposes, tax filings, or audits<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-the-balance-sheet-works\"><a><\/a>How the balance sheet works<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The balance sheet is a historical report that owners can use to make business decisions to keep the company on the right financial path.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The sheet balances assets against liabilities and shareholders\u2019 equity and follows a simple formula:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Assets = Liabilities + Shareholders\u2019 Equity<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The formula shows exactly how your business is funded.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Every asset you own is paid for by either borrowing (liabilities) or using owner funds and profits (equity). This keeps the balance sheet even, with both sides matching up neatly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The balance sheet structure is easy to follow and understand, with assets first, followed by liabilities and shareholder equity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The key to keeping your balance sheet \u201cbalanced\u201d is your assets must always add up to the same total as liabilities and equity combined.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You should note that balance sheets vary by business size and industry.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, a small retailer might list basic assets like cash and inventory, while a manufacturer includes complex items like machinery depreciation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For public companies, accounting standards add another layer of complexity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">GAAP (generally accepted accounting principles) requires specific formats, while <a href=\"https:\/\/www.ifrs.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">IFRS (International Financial Reporting Standards)<\/a> might allow more flexibility.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For US-based small and medium businesses, GAAP will be your go-to framework.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Timing matters when you prepare a balance sheet, since it captures your finances on one specific day.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you run a business with seasonal shifts, such as a gift shop, prepare your balance sheet right after your busy period (January, for example) to see a clear picture of cash and inventory.<\/p>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a6fb7069e759&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a6fb7069e759\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1458\" height=\"1056\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-banner-1.jpg\" alt=\"A infographic of a balance sheet\" class=\"wp-image-30846\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-banner-1.jpg 1458w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-banner-1-768x556.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-banner-1-1118x810.jpg 1118w\" sizes=\"auto, (max-width: 1458px) 100vw, 1458px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-s-included-in-a-balance-sheet\"><a><\/a>What\u2019s included in a balance sheet?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s break down the three main parts of the balance sheet, so you can see how it all fits together, especially if you\u2019re using a balance sheet template for small business.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-assets\"><a><\/a>Assets<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Assets are everything your business owns that has value.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They\u2019re split into 3 types: current, fixed, and other assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You\u2019ll find these asset categories in any solid balance sheet template.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-current-assets\"><a><\/a>Current assets<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Current assets represent short-term assets which you can use or convert to cash within a year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Common examples include cash, accounts receivable, inventory, and short-term investments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These assets power your daily operations. For a small or medium-sized business, this might be most of what you track.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-fixed-assets\"><a><\/a>Fixed assets<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Fixed assets are also called non-current or long-term assets. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They can include tangible items used over multiple years to run the business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, property like your office building, equipment for production, or vehicles for deliveries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fixed assets often lose value due to use or aging, and companies record this decline as depreciation over their useful life.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re manually <a href=\"https:\/\/www.sage.com\/en-us\/products\/sage-fixed-assets\/\" target=\"_blank\" rel=\"noreferrer noopener\">tracking depreciation<\/a>, we can automate that, helping you stay accurate and saving you time.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-other-assets\"><a><\/a>Other assets<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The other assets category captures anything not classified under current or fixed assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It can include intangible assets like patents, trademarks, goodwill, or long-term investments that aren\u2019t expected to be liquidated in the near term.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-liabilities\"><a><\/a>Liabilities<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Liabilities are your pending financial obligations, essentially anything your business owes to others.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Just like assets, they\u2019re divided into current and long-term liabilities. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Liabilities should be included in any free balance sheet template to help you keep debts organized.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-current-liabilities\"><a><\/a>Current liabilities<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Current liabilities represent all debts that need to be paid off within 12 months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This includes short-term loans, unpaid bills to suppliers, or taxes you need to pay soon. By managing current liabilities, you can meet short-term commitments without hurting your cash flow.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-long-term-liabilities\"><a><\/a>Long-term liabilities<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Long-term liabilities stretch out further than a year, such as mortgages and long-term loans.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you intend to grow your business or make capital investments, you\u2019ll want to actively monitor your long-term liabilities to control debts to ensure financial stability.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-equity\"><a><\/a>Equity<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Equity reflects the ownership interest in the business after deducting all liabilities from assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Equity includes money owners put in, like initial investments or stock sales.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It also adds retained earnings, which are profits you\u2019ve kept instead of paying out.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For growing businesses, equity is a key indicator of financial health and long-term value creation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re using a balance sheet template for a small business, it\u2019s often the bottom line.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-balance-sheet-template-nbsp\"><a><\/a>Balance sheet template&nbsp;<\/h2>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Balance Sheet template<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p>Download a free, easy to use balance sheet template in Excel. <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-43207406-9ffa-4f1d-845b-914653b7ac30\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download now<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"453\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-template-example-453x810.jpg\" class=\"single-cta__image\" alt=\"An example of a balance sheet\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-template-example-453x810.jpg 453w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-complete-your-balance-sheet\"><a><\/a>How to complete your balance sheet<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A simple balance sheet template allows you to structure financial data in an orderly format.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Whether you\u2019re closing the fiscal year or preparing for a lender review, accurate information is key.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our balance sheet template includes columns for 2024, 2025, and the change between them, so you can see how your numbers shift year-over-year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Comparing these lets you spot patterns, like ample cash reserves or a rising loan balance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For instance, if your inventory jumped from $10,000 to $15,000, you might be stocking up for expansion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This side-by-side view helps you plan smarter and catch issues early.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Follow this simple step-by-step guide to complete the main sections of the balance sheet.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-1-gather-your-financial-records\"><a><\/a>Step 1: Gather your financial records<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Start by collecting your financials for the specific date.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You\u2019ll need your bank statements, accounts receivable report, inventory list, loan agreements, and owner investment records.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-2-fill-in-the-date-and-business-information\">Step 2: Fill in the date and business information<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">At the top of your balance sheet, enter your business name and the exact date of the report.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A balance sheet shows a snapshot in time, so this date should reflect the end of the reporting period. It\u2019s usually month-end, quarter-end, or year-end.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-3-complete-the-assets-section\"><a><\/a>Step 3: Complete the assets section<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-current-assets-0\">Current assets<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">List all assets your business expects to convert into cash within a year, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cash and cash equivalents (funds in checking or savings accounts)<\/li>\n\n\n\n<li>Accounts receivable (outstanding customer invoices you expect to collect)<\/li>\n\n\n\n<li>Inventory (goods available for sale)<\/li>\n\n\n\n<li>Prepaid expenses (items like insurance or rent you\u2019ve paid in advance)<\/li>\n\n\n\n<li>Short-term investment<\/li>\n\n\n\n<li>Other current assets<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Add these up to get your total current assets.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-noncurrent-fixed-assets\">Noncurrent (Fixed) assets<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Next, list long-term assets your business uses over time. These typically include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Land and buildings<\/li>\n\n\n\n<li>Furniture and equipment<\/li>\n\n\n\n<li>Computers<\/li>\n\n\n\n<li>Vehicles<\/li>\n\n\n\n<li>Other fixed assets<\/li>\n\n\n\n<li>Accumulated depreciation (reduction in asset value over time)<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">For each, include the original purchase cost and subtract accumulated depreciation to show net value. Add these values to get your total noncurrent assets.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-other-assets-0\">Other assets<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Finally, for other assets, enter the rest of your assets that are neither current nor fixed, such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Trademarks and patents<\/li>\n\n\n\n<li>Goodwill<\/li>\n\n\n\n<li>Security deposits<\/li>\n\n\n\n<li>Investments<\/li>\n\n\n\n<li>Other assets<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Total assets are the sum of your current, noncurrent and other assets. Enter this figure at the bottom of the assets section.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-4-complete-the-liabilities-section\"><a><\/a>Step 4: Complete the liabilities section<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-current-liabilities-0\">Current liabilities<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">These are obligations due within a year, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Accounts payable<\/li>\n\n\n\n<li>Sales tax payable<\/li>\n\n\n\n<li>Corporate taxes payable<\/li>\n\n\n\n<li>Accruals<\/li>\n\n\n\n<li>Payroll liabilities<\/li>\n\n\n\n<li>Other current liabilities<\/li>\n\n\n\n<li>Current portion of long-term loans and debt<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-long-term-liabilities-0\">Long-term liabilities<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">These are debts and obligations due beyond 1 year. Common examples include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Notes payable<\/li>\n\n\n\n<li>Mortgages<\/li>\n\n\n\n<li>Loans<\/li>\n\n\n\n<li>Other long-term debt<\/li>\n\n\n\n<li>Other long-term liabilities<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Add these to your current liabilities to get your total liabilities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-5-complete-the-equity-section\"><a><\/a>Step 5: Complete the equity section<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Equity is the value left in the business after subtracting liabilities from assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It represents ownership in the business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Typical line items include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Capital stock (for corporations)<\/li>\n\n\n\n<li>Owner\/partner contribution (for sole proprietors, LLCs, and partnerships)<\/li>\n\n\n\n<li>Owner\/partner distribution (for sole proprietors, LLCs, and partnerships)<\/li>\n\n\n\n<li>Retained earnings<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Add these to calculate your total equity.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-6-confirm-everything-balances\"><a><\/a>Step 6: Confirm everything balances<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If the two sides don\u2019t match, go back and verify the entries and calculations. Your assets should equal liabilities plus equity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hence, the formula: <strong>Assets = Liabilities + Shareholders\u2019 Equity.<\/strong><\/p>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a6fb706a4f24&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a6fb706a4f24\" class=\"wp-block-image size-large wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"453\" height=\"810\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-template-example-453x810.jpg\" alt=\"An example of a balance sheet\" class=\"wp-image-30842\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-template-example-453x810.jpg 453w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-template-example-429x768.jpg 429w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-template-example-768x1374.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-template-example-858x1536.jpg 858w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-template-example.jpg 1140w\" sizes=\"auto, (max-width: 453px) 100vw, 453px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-balance-sheet-example\"><a><\/a>Balance sheet example<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s look at a hypothetical example from a fictional coffee shop, BrewCafe, to help you apply this formula to your business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The coffee shop owner puts together a balance sheet to check finances as of December 31, 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Below is the entry for their <strong>assets:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Current assets: <\/strong>They have $8,000 in cash from sales, $2,000 owed from a catering job, and $5,000 in inventory for coffee beans and cups, which add up to $15,000.<\/li>\n\n\n\n<li><strong>Fixed assets:<\/strong> The shop has a $30,000 espresso machine, now valued at $25,000 after $5,000 in accumulated depreciation, plus $10,000 in tables and chairs. That\u2019s $35,000 for fixed assets.<\/li>\n\n\n\n<li><strong>Other assets:<\/strong> They have a $1,000 lease deposit, making the sum of other assets&nbsp;$1,000.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Total assets come to $15,000 + $35,000 + $1,000 = $51,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The owner calculates the following for their <strong>liabilities:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Current liabilities:<\/strong> They owe their supplier $3,000 and have an outstanding loan of $1,000 due within three months as the current portion of a $16,000 equipment loan. Total current liabilities are $4,000.<\/li>\n\n\n\n<li><strong>Long-term liabilities:<\/strong> The remaining $15,000 of the equipment loan, payable over four years, is listed here. Total long-term liabilities are $15,000.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Total liabilities are $4,000 + $15,000 = $19,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Then finally, they calculate their <strong>equity.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The owner started with $20,000 in owner contributions and has $12,000 in profits saved up. That\u2019s $20,000 in <strong>capital<\/strong> plus $12,000 in <strong>retained earnings<\/strong>, equaling $32,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Following the formula:&nbsp; Assets = Liabilities + Equity, the result is<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$19,000 + $32,000 = $51,000<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Their assets are $51,000 and the sum of their liabilities and equity also equals the same. Hence, the balance sheet balances.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It may help to keep this example in mind when using your own numbers. Take your balance sheet template, add your details, and you\u2019ll have a clear view of your business&#8217;s financial health at a given time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-the-limitations-of-a-balance-sheet\"><a><\/a>What are the limitations of a balance sheet?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Like any financial tool, a balance sheet has its limitations:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It reflects a single point in time and doesn\u2019t show trends or changes over a period.<\/li>\n\n\n\n<li>Most assets are listed at their original purchase price, not current market value, so they may be over- or undervalued.<\/li>\n\n\n\n<li>Short-term issues might go unnoticed without reviewing other statements, like the income statement and cash flow statement.<\/li>\n\n\n\n<li>Some figures, such as accumulated depreciation and allowances for doubtful accounts, rely on estimates, which can vary depending on who prepares them.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In short, a balance sheet is useful, but it\u2019s only one piece of the puzzle. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Use it alongside other statements for a clearer view of your business\u2019s financial health.<\/p>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a6fb706a7188&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a6fb706a7188\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1458\" height=\"706\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-banner-2.jpg\" alt=\"Illustration of a person filing papers in a large cabinet next to text listing the three core financial statements for a company: income statement, cash flow statement, and balance sheet.\" class=\"wp-image-30845\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-banner-2.jpg 1458w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-banner-2-768x372.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-banner-2-1440x697.jpg 1440w\" sizes=\"auto, (max-width: 1458px) 100vw, 1458px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n<div class=\"wp-block-sage-spacer\" aria-hidden=\"true\" style=\"height: var(--spacing-xmedium); clear: both;\"><\/div>\n\n\n<p class=\"wp-block-paragraph\">To streamline financial reporting and make balance sheet preparation faster and more accurate, many businesses use <a href=\"https:\/\/www.sage.com\/en-us\/accounting-software\/\" target=\"_blank\" rel=\"noreferrer noopener\">accounting software<\/a>. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It can help automate calculations, reduce errors, and organize your data in a way that makes it easy to complete essential statements like your balance sheet, income statement, and cash flow report.\u00a0<\/p>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Balance Sheet template<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p>Download a free, easy to use balance sheet template in Excel. <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-43207406-9ffa-4f1d-845b-914653b7ac30\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download now<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"453\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-template-example-453x810.jpg\" class=\"single-cta__image\" alt=\"An example of a balance sheet\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/balance-sheet-template-example-453x810.jpg 453w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><a><\/a>FAQs<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-do-all-businesses-have-to-produce-a-balance-sheet\"><a><\/a>Do all businesses have to produce a balance sheet?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Not every business is required to create a balance sheet.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re a sole proprietor or part of a small partnership, there\u2019s no legal mandate to produce one.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For publicly traded ones, it\u2019s different.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They must file balance sheets with the <a href=\"https:\/\/www.sec.gov\/about\/divisions-offices\/division-corporation-finance\/financial-reporting-manual\/frm-topic-1\" target=\"_blank\" rel=\"noreferrer noopener\">SEC (Securities and Exchange Commission)<\/a> quarterly and annually under US regulations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Private companies, including many SMEs, aren\u2019t obligated to, but using a balance sheet can still provide the information you need to understand your financial position.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It all depends on your needs and external expectations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-is-the-difference-between-a-balance-sheet-and-an-income-statement\"><a><\/a>What is the difference between a balance sheet and an income statement?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The balance sheet and the income statement are two core financial statements for a company. <a><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But, they have different purposes and present different types of financial information.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-balance-sheet\">Balance sheet<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A balance sheet shows your financial position at a specific point in time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It lists what your business owns, what it owes, along with the equity held by shareholders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The balance sheet provides critical information on a company\u2019s liquidity, solvency, and capital structure and is vital for assessing the company&#8217;s financial stability and capability to handle its obligations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-income-statement\">Income statement<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">An income statement, on the other hand, tracks your revenues and expenses over a period such as a quarter or a year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The primary purpose of the income statement is to showcase how the revenues are transformed into net income (or net loss) by deducting all expenses from the total revenue.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This includes operating expenses, cost of goods sold, taxes, and other expenses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On a basic level, it tells you whether the business made a profit or a loss during that time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Together, the income statement and balance sheet provide a comprehensive view of a company&#8217;s financial health, each from a different perspective but both are essential for a complete financial analysis.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-are-the-uses-of-a-balance-sheet\"><a><\/a>What are the uses of a balance sheet?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A balance sheet helps owners, investors, and lenders understand how stable and solvent a business is.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It shows whether the company has enough assets to cover its liabilities, how much debt it holds, and how much value has been built over time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It also supports decisions around financing, investment, and growth.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-when-is-a-balance-sheet-prepared\">When is a balance sheet prepared?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Balance sheets are usually prepared at the end of a financial period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Depending on the size of the business and its reporting needs, they might be prepared monthly, quarterly, or annually.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some businesses also prepare one when applying for loans or attracting new investors.<\/p>\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to our Sage Advice Newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Get our latest business advice delivered directly to your inbox.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-ab515c6e-7e90-4c2f-a67e-113872516e8b\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg\" class=\"single-cta__image\" alt=\"Working from home with tea in hand\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n<section class=\"more-topics alignfull has-grey-light-background-color wp-block-sage-post-topics\">\n\t<div class=\"container\">\n\t\t<div class=\"row\">\n\t\t\t<div class=\"col col-12 col-lg-4\">\n\t\t\t\t<h3 class=\"more-topics__title h2\">Browse more topics from this article<\/h3>\n\t\t\t<\/div>\n\t\t\t<div class=\"col col-12 col-lg-8\">\n\t\t\t\t<ul class=\"post-tags__list\">\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/accountants\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tAccountants\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/accounting-101\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tAccounting 101\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/boss-your-business\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tBoss your business\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/business-intelligence\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tBusiness intelligence\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/cash-flow\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tCash Flow\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/fixed-assets\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tFixed Assets\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/growing-a-business\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tGrowing a business\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/small-business\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tSmall business\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/starting-a-business\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tStarting a business\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/staying-competitive\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tStay competitive\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/tax\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tTax\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n<div class=\"alignfull wp-block-sage-related-posts\">\n\t<section class=\"related-posts card-grid has-dark-background-color\">\n\t<div class=\"container\">\n\t\t\t\t\t<div class=\"row\">\n\t\t\t\t<div class=\"col\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--featured h1\">Explore more wisdom<\/h2>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"row related-posts__featured\">\n\t\t\t\t<div class=\"col card-grid__item\">\n\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-0 post-23456 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-accounting-101 tag-boss-your-business tag-small-business tag-staying-competitive business_type-small-business card-post--is-clickable\"\n>\n\t<div class=\"card-post__media-wrapper\">\n\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-642394299-1440x810.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-642394299-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-642394299-768x432.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-642394299-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\t<\/div>\n\n\t<div class=\"card-post__content\">\n\t\t\t\t\t<div class=\"card-post__label\">Recommended<\/div>\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-31T07:18:42-04:00\">July 31, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">15 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h3\">\n\t\t\t\t\t\t\t<a\n\t\t\t\t\tclass=\"card-post__title-link\"\n\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/how-to-write-an-invoice\/\"\n\t\t\t\t>\n\t\t\t\n\t\t\tHow to write an invoice and what to include\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\n\t\t\n\t\t\t\t\t<p class=\"card-post__description\">\n\t\t\t\tLearn how to write an invoice with our practical guide. Discover what to include, common payment terms, invoice types, and tips to help you create professional invoices and get paid faster.\t\t\t<\/p>\n\t\t\n\t\t\t<\/div>\n\n\t<\/article>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t\t\t\t<div class=\"row related-posts__non-featured\">\n\t\t\t\t<div class=\"col col-12\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--more h4\">More on this Topic<\/h2>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-1 post-28152 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-accounting-101 tag-sage-accounting business_type-small-business business_type-growing-business industry-nonprofit\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/what-is-fund-accounting\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/10\/BrandShoot-LND_June2024_Financial-Services_0169-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/10\/BrandShoot-LND_June2024_Financial-Services_0169-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/10\/BrandShoot-LND_June2024_Financial-Services_0169-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/10\/BrandShoot-LND_June2024_Financial-Services_0169-1214x810.jpg 1214w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-31T06:12:38-04:00\">July 31, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">22 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tWhat is fund accounting? A complete guide to basics and best practices\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-2 post-13533 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-accounting-101 tag-boss-your-business tag-business-continuity tag-cash-flow tag-productivity tag-small-business business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/why-you-should-be-doing-cash-flow-analysis\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/12\/BrandShootLDN_Dec2021_Construction_0014-JPG-Sage-Advice-684x384.jpeg\" class=\"card-post__image\" 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class=\"card-post__meta-text\"><span class=\"reading-time\">16 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tCash flow analysis guide: Definition, steps, and examples\u00a0\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-3 post-23890 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-accounting-101 tag-small-business business_type-small-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/income-statement-template\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" 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2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">18 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tIncome statement template: Free Excel download and examples\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-4 post-26418 post type-post status-publish format-standard has-post-thumbnail hentry category-growth-customers category-strategy-legal-operations tag-business-strategy tag-growing-a-business business_type-small-business business_type-growing-business industry-nonprofit\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/can-nonprofits-make-profit\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1410117395-684x384.jpg\" class=\"card-post__image\" alt=\"A group of volunteers in blue shirts stands in front of colorful graffiti, with one person holding a notepad and smiling.\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1410117395-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1410117395-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1410117395-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-30T09:53:50-04:00\">July 30, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">1 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tCan nonprofits make a profit?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Download a free balance sheet template in Excel. We show you how to complete it and explain what each section includes. <\/p>\n","protected":false},"author":1774,"featured_media":20242,"menu_order":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"sage_hide_published_date":false,"sage_hide_read_time":false,"sage_hide_share_buttons":false,"_pwl_sage_podcast_buzzsprout_src":"","footnotes":""},"categories":[46,44],"tags":[2,110,195,4,299,382,153,34,152,155,118],"business_type":[40,41],"lilypad":[],"context":[],"industry":[],"persona":[98,96,97,95],"imagine_tag":[222,209,468,230,231],"coauthors":[509],"class_list":["post-30833","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-growth-customers","category-strategy-legal-operations","tag-accountants","tag-accounting-101","tag-boss-your-business","tag-business-intelligence","tag-cash-flow","tag-fixed-assets","tag-growing-a-business","tag-small-business","tag-starting-a-business","tag-staying-competitive","tag-tax","business_type-small-business","business_type-growing-business"],"sage_meta":{"region":"en-us","author_name":"Yassir Malik","featured_image":"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-586970671.jpg","imagine_tags":{"222":"Accountants","209":"Accounting","468":"Grow your business","230":"Small business","231":"Start up business"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice US","distributor_original_site_url":"https:\/\/www.sage.com\/en-us\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/30833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/users\/1774"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/comments?post=30833"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/30833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media\/20242"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media?parent=30833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/categories?post=30833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/tags?post=30833"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/business_type?post=30833"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/lilypad?post=30833"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/context?post=30833"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/industry?post=30833"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/persona?post=30833"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/imagine_tag?post=30833"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/coauthors?post=30833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}