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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
david-worrell_156px
Don't even THINK about writing a business plan until you can address these five basics. Once you do, the rest will be easy.
Blog Post
AllBusiness News Staff
Bank of America and other big banks are killing unpopular new debit-card fees. Yet it's a safe bet that they'll recover that revenue one way or another.
Blog Post
By Tim Devaney and Tom Stein |  Filed In: Financing & Credit and Finance
Find out how credit and debit card "blocking" can put an unexpected dent in your balance.
article
By Don Sadler |  Filed In: Staffing & HR
Too many company parties end up something employees dread rather than look forward to. Learn how to plan an event your staff will remember for a long time.
article
Ken Walker
Want your company to foot the bill for washing your socks? The solution might be closer than you think.
Blog Post
AllBusiness News Staff
Older Americans are now 47 times wealthier than their younger counterparts, a new study reveals.
Blog Post
John-Foley156px
It could be a Saturday Night Live sketch: The National Restaurant Association is sending out a sexual harassment poster to its members. But this is no laughing matter.
Blog Post
Hanna Hasl Kelchner
By  | Filed In: Legal and Finance
The infamous tabloid decided that foresight is better than hindsight when it comes to controlling legal costs. Here's how you can use the same strategy.
Blog Post
By Rieva Lesonsky |  Filed In: Finance
It's a fact of life: customers and suppliers sometimes go belly up without warning. Learn how to protect your business against other companies' failures.
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AllBusiness News Staff
A tax-policy advocacy group's study of the 280 most profitable companies finds that they pay far less tax than small businesses.
Blog Post
Filed In: Business Planning and Finance
Your business needs direction, and writing a business plan will provide it. But make sure to include these components -- and avoid a few common mistakes.
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Sam Thacker
By  | Filed In: Finance
Printing more money won't create more jobs. What we need to do is recognize that our economy has changed forever and learn how to adapt.
Blog Post
By David Worrell |  Filed In: Financing & Credit and Finance
Having just one bank for all your company's financial needs is a risk, particularly during tough economic times when you need them the most.
article
Rieva Lesonsky
Entrepreneurs in the 2010s are poised for a comeback. And a lot of credit for that belongs to Generation Y, or what I call "Generation Entrepreneur."
Blog Post
Nellie Akalp
If it's time to close the doors on a dormant business, there are good reasons to do it before the end of the year. Here's how to take care of the issue.
Blog Post
Tim Devaney - Tom Stein
Big banks don’t really care if you leave them, and that's exactly why you should do it anyway. Also: busting the government-regulation myth.
Blog Post
John Arenmeyer
By  | Filed In: Finance
The credit crunch is killing small businesses. If we're serious about creating jobs, we need to get serious about solving this problem.
Blog Post
Filed In: Financing & Credit and Finance
When the going gets tough, even the tough dread banking. That's why these five phrases are indispensible -- even if they're not always 100 percent accurate.
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By Tom Klausen  |  Filed In: Financing & Credit and Finance
It's a common myth that factoring will lose a business customers. Here's the real scoop.
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Rebbecca Mazin
By  | Filed In: Staffing & HR
It's far more important to have a consistent, effective anti-harassment policy in place than it is to quibble about what to call the aftermath of a harassment dispute.
Blog Post

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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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