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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
reduce-costs
Filed In: Business Planning and Finance
Through technology and outsourcing, companies can reduce costs, improve efficiencies, and increase profits to be in a better position to deal with the inevitable cyclical economic downturn.
Experts
classification concept
Filed In: Staffing & HR
Employers trying to duck out of the employer mandate of the Affordable Care Act should think twice before re-classifying their employees as independent contractors.
Experts
young-businessman
Filed In: Operations
What is past performance and why should you care? In the world of procurement, it is one of the most critical evaluation factors for businesses.
Experts
Running-with-time
Filed In: Business Planning and Finance
We ask 11 entrepreneurs: "If you had one additional hour to dedicate to your business tomorrow, what business task would you spend it on and why?
Experts
frustrated businesswoman
Are you looking for something besides Quickbooks or Quicken to manage your accounting? Try these small business accounting software solutions on for size!
Experts
Finiancial risk
While it may be impractical, or even impossible, to protect your business against every potential risk, it's essential to account for as many as you can, and to be as prepared as possible.
Experts
success
Filed In: Operations
When sales are down or a personal crisis strikes, it might seem easy to give up. Here are valuable lessons one entrepreneur learned during the toughest time in her entrepreneurial career.
Experts
red flag
Filed In: Finance
The following is a list of five red flags that every investor should look for (and avoid) when deciding what to invest in next.
Experts
Steve-Jobs-Rip-Head-Off.PromoImage
Filed In: Business Planning and Finance
Even the biggest mistakes can be valuable learning opportunities if you are open to the teachings.
Experts
fall-finances
Filed In: Finance
Strong accounting records are important for any dealings with the IRS, but they can also be a powerful tool for growing your business.
Experts
business-prisoner
Filed In: Business Planning and Finance
A prisoner of hope is a business leader unknowingly trapped in a deceptive world where reality is masked by that person's wishful desire to succeed.
Experts
employment contract
Many business owners wonder whether they should hire on a 1099 (independent contractor) or W2 (permanent employee) basis. The right answer requires careful consideration.
Experts
Container Ship
There are lots of excellent resources available to help you prepare your export marketing plan. We present an overview of what this plan should include.
Experts
credit card payment
Filed In: Finance
Credit cards are a convenient and safe form of payment that allows a small business to close a deal immediately. Here are four things to look for in a credit card processing service.
Experts
business-analysis
The emergence of the cloud has brought about a number of new options in the accounting software world. Here's how Xero is separating itself from the pack.
Experts
Financial Success Concept
Filed In: Finance
Does your small business have a disciplined finance process? Three finance rules kept us afloat during the recession. Imagine what they can do in good times.
Experts
networking
Filed In: Business Planning and Finance
Did your last networking event not go exactly as planned? We asked eight successful entrepreneurs for creative ways to make your next business networking event one to remember.
Experts
partnership
Filed In: Business Planning and Finance
When two companies that complement one another lack the funds to expand or to reach new markets, a strategic alliance may be a smart move.
Experts
business decision
Filed In: Business Planning and Finance
Many business leaders discount research and data and make business decisions based largely on gut instinct. Should we make big calls based on gut or data?
Experts
Point-a-to-b
Filed In: Business Planning and Finance
One of the trickiest pieces of the startup puzzle can be figuring out logistics. You've got great ideas but how will everything get from point A to point B?
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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