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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
By Tim Devaney and Tom Stein |  Filed In: Operations
Businesses change locations for a lot of reasons. Here's how to do it successfully.
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By Andrew A. Caffey |  Filed In: Franchising
Here are some tools that all franchisors should have in their arsenal when it comes to managing potential legal problems with franchisees.
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Hanna Hasl Kelchner
By  | Filed In: Legal and Finance
The company's privacy violations just won it a new BFF: The Federal Trade Commission. There's also a lesson here for other businesses, big and small.
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Miranda Marquit
With open enrollment underway for many companies, now is the time to talk to your employees and find out what they really want in a plan.
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Susan Wilson Solovic
As more small firms work with independent contractors, they're also more exposed to billing abuses. Here are six tips to keep your contractors on the straight and narrow.
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By Tim Devaney and Tom Stein |  Filed In: Financing & Credit and Finance
New rules mean business owners with a need for a small loan have another option: the local credit union.
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By Don Sadler |  Filed In: Taxes and Finance
Cyber-thieves have taken notice of the booming popularity of online tax filing, and they're working overtime to intercept and steal sensitive information.
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Sure, follow the hot new-business trends. But also make sure your new business has the three traits that most often lead to start-up success.
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Starbucks is giving more than $5 million for small business loans. Here's how to get your own "Latte Loan."
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Sylvia Dion
By  | Filed In: Taxes and Finance
If you bought something online this week, you may owe use tax on your purchase. If that comes as news to you -- or if you don't even know what a "use tax"...
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Nancy Germond
Hoarding can turn any property into a massive legal, financial, and public safety risk. Here's how to step the problem before it gets out of control.
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By Tim Devaney and Tom Stein |  Filed In: Personal Finance and Finance
Charge a quarter-million a year? Need a 24-hour personal assistant? Want to earn miles on a private jet? These are the cards for you.
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Sam Thacker
By  | Filed In: Finance
For the second year in a row there was a strong national campaign by small retailers (with support from large companies) to make shoppers aware of the benefits of buying local. Called "Small...
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Miranda Marquit
If you want spend your time more efficiently, you need to work on your productivity. Here's a quick and easy guide to making that happen.
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The sluggish economy means business is tougher than Aunt Edna's turkey, but there are things business owners should feel grateful for this Thanksgiving.
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Hanna Hasl Kelchner
By  | Filed In: Legal and Finance
Reflecting on the spirit of the season, the No-Nonsense Lawyer looks at the lessons of the past year and how we can use them to strengthen our businesses.
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By Don Sadler |  Filed In: Accounting & Budgeting and Finance
The informal nature of petty cash makes it a tempting target for internal theft, so it's important to establish a formal accounting system to track it.
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Many businesses let employees set up "official" accounts. When the employee moves on, the account -- and your followers -- just might move with them.
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Rebbecca Mazin
By  | Filed In: Staffing & HR
You don't want to learn that your small business is involved in a criminal case by reading about it in the local newspaper.
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Jonathan Farrington
This FREE eBook highlights the key issues you should consider, prior to compiling your own business development strategy ..
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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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