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Finance

From accounting and budgeting to business credit and taxes, put your business on a solid financial footing -- and keep it there.

Today's Must Read
money
Filed In: Finance
A business can often find itself in a position where it requires cash for immediate expenses. Here's what you need to know about invoice financing.
Experts
online-accounting
Xero and QuickBooks are in an epic battle for your small business accounting. We get down & dirty talking about what makes each one a great app opportunity.
Experts
Breaking piggy bank
Do you have a great idea for a business, but you're short on cash? If you own a qualified retirement account, you can use this to fund your new business.
Experts
outsider
Filed In: Business Planning and Finance
Many mid-size businesses are run by a CEO alone. But an effective board that includes outside board members has saved many a company from ruin.
Experts
Accounting
Filed In: Finance
Small business expert Denise O'Berry explains how to make sure you stay on top of cash flow, along with the steps you should take if you discover a gap.
Experts
Venture fund
Filed In: Financing & Credit and Finance
Venture capital funding is not right for every kind of business. If you decide to approach a VC, get the basics right before making first contact.
Experts
Strategic Plan
Filed In: Business Planning and Finance
Smart business leaders know that they need a solid strategic plan for their company. However, success only comes when you engage the culture to help.
Experts
Business plan concept
Filed In: Business Planning and Finance
Creating a business plan is key to the success of your business. Companies with business plans are twice as likely to successfully grow their businesses.
Experts
Conference
Filed In: Business Planning and Finance
How can you make the most from a conference event? You meet a lot of people, shake hands, and gather business cards, but you can only do so much during the event. These...
Experts
business-stress
Filed In: Business Planning and Finance
As a venture capital and angel investor who has heard many pitches, I've compiled a list of mistakes and things to avoid if you're an entrepreneur seeking angel or venture financing.
Experts
Happy and Sad
Filed In: Business Planning and Finance
Business failure is awful; but there is a pain that affects many businesses: business mediocrity. Here's how to turn a mediocre
Experts
Data
Filed In: Business Planning and Finance
Most businesses are not yet making adequate use of "small data," which comes without the big price tag. Here's how to use small data to your advantage.
Experts
break down in negotiations
Filed In: Business Planning and Finance
Negotiating a deal in a systematic, conscious way is both an art and a science. Here are 10 of the most common mistakes to avoid making in a negotiation.
Experts
business systems
Filed In: Business Planning and Finance
Business owners need to find a balance between creative innovation that spurs company growth and business systems that keep a company running smoothly.
Experts
winning
Filed In: Business Planning and Finance
Many people are launching their own coaching, consulting, or service business. Duct Tape Marketing's John Jantsch shares seven important steps to building a winning practice.
Experts
High Taxes
Filed In: Taxes and Finance
If you are a "retired" business owner who still receives income from your business, there is a chance for you to reduce your tax liability.
Experts
success
Filed In: Business Planning and Finance
So you want to expand your department, develop a product or launch a campaign? Here are five steps to getting your business case approved before you even write it.
Experts
burnout
When your busy and productive, taking a break may not seem to make sense. But sometimes stepping away from your work is the best thing for your business.
Experts
SWOT
Filed In: Business Planning and Finance
If you want to spot business opportunities, a SWOT analysis can help. Learn what small business owners think are their biggest strengths and weaknesses.
Experts
Strategist
Filed In: Business Planning and Finance
What does it take to be a effective business strategist? Here are five important character traits that lay the foundation for success.
Experts

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Business Glossary

Definitions for: limited recourse finance
limited recourse finance

  1. financing arrangement where the lender can require the borrower to repay only in special conditions that are spelled out in the loan agreement itself, and otherwise must look to the collateral as a source of repayment. Borrowers may have to pay more for limited recourse financing. See also nonrecourse loan.
  2. indirect lending arrangement where a dealer sells installment sales contracts to a bank, which assumes responsibility for collection of the debt as a holder in due course, and the dealer's liability for losses incurred by the bank is limited by contract. The bank's recourse against the dealer expires after a specified period.

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