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Any successful entrepreneur will tell you that good financial records are vital to understanding how your business is performing, identifying problem areas, and planning for the future.

Preparing projected financial statements can be challenging to the first-time entrepreneur. Understanding historical financial information for future planning is equally challenging to existing small business owners, who may find they are making a paper profit, but still suffer from cash flow problems. New Mexico SBDC Advisors, who have extensive training and experience in financial analysis, can teach you how to interpret your business and personal financial statements. Whether you need basic or advanced financial records, our Advisors can help.