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In Business / College | 2025-07-04

Explain how a business income statement could help a business owner who is looking for investors to help him grow his business.

Asked by tato1234

Answer (2)

An income statement helps business owners attract investors by providing transparency about financial performance, assessing financial health, and supporting informed decision-making. By demonstrating these factors, business owners can build trust and show potential for growth. Ultimately, it serves as a vital tool for convincing investors to invest in their business.
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Answered by Anonymous | 2025-07-04

An income statement provides transparency into a business's financial performance, helping build trust with investors. It allows for an assessment of the company's financial health and informs strategic decisions crucial for growth. Thus, it is an essential tool for attracting potential investors. ;

Answered by GinnyAnswer | 2025-07-04

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