You built a business.
Now understand its numbers.
You don't need an accounting degree to run a successful business. But you do need to understand what your financial statements are telling you. Here's where to start.
What are financial statements anyway?
Financial statements are documents that summarize the financial activity and position of your business over a period of time. In Argentina, your accountant prepares these annually — and they're required for tax purposes, among other things.
There are three main documents:
Balance Sheet
A snapshot of what your business owns (assets), what it owes (liabilities), and what's left for the owners (equity) — at a single point in time.
Income Statement
A summary of your revenue and expenses over a period, showing whether the business made a profit or a loss during that time.
Cash Flow Statement
A record of how cash actually moved in and out of your business — which is often very different from the profit shown on the income statement.
These three documents work together to give a complete picture of your business's financial health. Understanding all three — and how they connect — is what Vistandi's program focuses on.
Running a business on gut feeling alone.
Many business owners make decisions based on what feels right — and experienced intuition is genuinely valuable. But intuition without data has blind spots. You might feel like the business is doing well while a key metric is quietly deteriorating. Or you might feel anxious about cash when the underlying business is actually healthy.
Financial statements give you a way to check your intuition against the actual numbers. They don't replace your judgment — they inform it.
