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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.

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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.
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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.
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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.
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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
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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...
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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.
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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.
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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.
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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.
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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.
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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.
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warren-buffett
Filed In: Finance
Warren Buffett is one of the greatest investors of our time and the quintessential self-made man. Learn his 10 smart financial habits that can put you on the road to similar success.
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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.
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Young-couple-on-laptop
Filed In: Personal Finance and Finance
Being a first-time home buyer can be a challenge. Here's a great set of tools to educate you on the process and make the home buying experience better.
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happily retired
Filed In: Personal Finance and Finance
If you're saving for your retirement, there are specially designed accounts that give you tax benefits. You should take advantage of at least one of these.
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smiling-businesswoman-on-phone
Filed In: Sales & Marketing
Selling something people can't touch and feel has its challenges. Learn why sometimes the best approach is often to give it away.
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identity-theft-concept
Filed In: Security and Technology
Skilled identity thieves use a variety of ways to gain access to your personal information. Learn how to minimize your risk by managing your personal information cautiously.
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Cash
Filed In: Finance
Big banks are realizing once again that getting into small business Finance can be a profitable part of their overall portfolio.
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Confused or doubtful young man
Filed In: Personal Finance and Finance
A convertible bond is a corporate bond that can be exchanged for a specified amount of common or preferred stock in the corporation that issues it.
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Shopping for a laptop computer
Filed In: Taxes and Finance
Several states will be holding Sales Tax Holidays in August, many this very weekend. But if you think that the sales tax holidays are just for back-to-school shopping, think again!
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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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