It’s amazing how the most complex of thoughts and ideas can be broken down so simply. How many times have you heard that a great concept or business idea started on the drawing of a napkin. I assume this is the inspiration for Napkinfinance.com. They have taken business concepts and broken them down into plain English on the drawing of a napkin. I enjoy this so much and think that it will be helpful for everyone that I will be doing periodic posts of business concepts broken down on a napkin. Please see the link for explanation of a Balance Sheet.
I have to say, simple and thoughtful is the best.