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If you run an incorporated company, at least in the UK, you have to submit annual accounts which will contain manny of these figures anyway. Although they won't
by dmytton 17y ago
If you run an incorporated company, at least in the UK, you have to submit annual accounts which will contain manny of these figures anyway. Although they won't go into as much detail, anyone can get access to the accounts if they want.
You can bet that investors will do this, as will interested competitors and even larger companies you do business with may well dig them up.
Posting figures on a blog is more public, you're drawing attention to them, but given that the data is available anyway, it might be better to reveal them on your blog.
(Of course, accounts don't get filed until after the first year...but then you would only be publishing the last financial year's stats.)
- smanek 17y agoIn the States you don't have to submit much unless you're public/really-big. I'd be very surprised if the UK had reporting requirements that stringent for every corporation ... Do you have a source on that claim?
- dmytton 17y agoIndeed, the reporting requirements differ depending on the size of the company. But even a small company has to file: a profit and loss account and a full balance sheet These are submitted every year to Companies House. See http://www.companieshouse.gov.uk/about/gbhtml/gp2.shtml http://www.companieshouse.gov.uk/about/gbhtml/gp2.shtml chapters 6 & 7.