Widgets Inc. - Adjusting a Business Owner’s Net Worth
This hands-on lab gives lenders valuable practice in understanding and evaluating company cash flow in relation to a business owner's personal finances.
Introduction
Download Lab Presentation
Context
Client Introduction
Financial Statements
Shareholder Loan & Leverage Ratios
Personal Net Worth Statement
Pro Tip
Owner’s Income & Expenses
Cash & Shareholder Loan
Marketable Securities
Pro Tip
Retirement Accounts & Registered Investments
Real Estate
Other Assets
Pro Tips
Tying it Together
Alternative Scenario: Joint Guarantors
Summary
Qualified Assessment