Our very first consulting client was a home health-care business. As part of our initial analysis, we asked to see financial statements, and the owner handed us a three-ring binder containing monthly financials — meaning an income statement, balance sheet and cash-flow projections.
Each three-page statement was neatly stapled in the upper left corner and three-hole punched, with no crease by the staple — and no indication that the owner had even looked at the second page.
