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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
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Banks want to use social-network data to assess credit risk. That means you had better be extra careful about whom you choose as your online "friends."
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Small business owners can help protect their businesses from employee theft and fraud with the following eight tips.
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Filed In: Personal Finance and Finance
Given the fallout from the housing crisis, getting approved for a mortgage can be a tricky business. These 10 steps will help you prepare for the process.
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Nothing will cripple your business faster that financial troubles. To make sure things run smoothly, follow these 10 tips for sound bookkeeping.
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By  | Filed In: Finance
There's just ONE thing to remember about effective bookkeeping: Don't make it complicated. Here are five examples to illustrate my point.
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AB Guest Blogger
When is the best time to buy a car? Just as the year is ending. You might even want to go car shopping on Christmas Day!
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Miranda Marquit
Whether it's getting buried in bills or spending too much time pinching pennies, now is a good time to simplify your finances -- and your life -- for the New Year.
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By Tim Devaney and Tom Stein |  Filed In: Financing & Credit and Finance
Banks and other lenders are now monitoring social media, collecting messages relevant to consumers' creditworthiness and storing them for future reference.
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AllBusiness News Staff
A Senate measure to preserve a payroll tax break in 2012 goes down to defeat, and a last-minute compromise looks increasingly unlikely.
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Paul Davis
By  | Filed In: Operations
The mob is alive and well -- and causing quite a bit of trouble for legitimate businesses around the country.
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Hanna Hasl Kelchner
By  | Filed In: Legal and Finance
Enhancing your management and leadership skills can pay huge dividends in terms of bullet-proofing your business against lawsuits.
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Nancy Germond
Here are my eight top risk management resolutions you should make for your small business for the year ahead.
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Marco Carbajo
With the right preparation, a personal loan from an online lender can be a great option -- fast, easy, and readily available.
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Rebbecca Mazin
By  | Filed In: Staffing & HR
Don't pick the holiday season to dump all the bad news you have been saving. It's not fair to employees, and it's no good for your business.
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By David Worrell |  Filed In: Financing & Credit and Finance
The decision to refinance a commercial property loan is similar to refinancing your home. There are significant costs involved, so proceed carefully.
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Rieva Lesonsky
Rieva Lesonsky shares her fave things for small businesses, from backup tools and online analysis to microfinance nonprofits and free help for startups.
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By  | Filed In: Taxes and Finance
Want to combine business with pleasure this holiday season? Follow these tax-savvy tips to delight yourself, your employees, your customers, AND your accountant.
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By Don Sadler |  Filed In: Personal Finance and Finance
An increasing number of employers are providing financial counseling to help employees with questions about managing portfolios and retirement accounts.
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Miranda Marquit
What does 2012 hold for credit and debt? Here are some ideas about what you can do to ready yourself for next year's credit market.
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AllBusiness News Staff
Small businesses could feel an impact from reduced consumer spending if, as expected, a payroll tax break proposal fails to pass the U.S. Senate.
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Business Glossary

Definitions for: Finance Section
Finance Section
Found in the Business Information and Comprehensive Insight Plus Reports, this section includes balance sheets, financial income statements and management estimates or projections when available. If provided, up to three years of comparative summaries may be displayed here. This data can help you to assess:
  • A company's ability to meet current debt by comparing all liquid assets to current debt, or all liquid assets plus inventory to current debt.
  • The amount of capital provided by creditors compared to capital invested by the owners.
  • The amount of sales compared to total assets of the company.
Commentary on absence of financial information may also appear in this section, for example, "A financial statement was declined by management." An explanation of the financial information may also be provided and my include a narrative indicating the source of the data (i.e., "Submitted by ..."), as well as an explanation of certain financial statement items. The company may also add other comments in this section, such as "Current cash is low because a recent expansion was financed with cash rather than loans."

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