Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Check out our Small Business Essentials Section

liability

Finance: A claim against the assets, or legal obligations of a person or organization, arising out of past or current transactions or actions. Liabilities require mandatory transfer of assets, or provision of services, at specified dates or in determinable future.
Accounting: Accounts and wages payable, accrued rent ... more

Evaluating Your Performance When You're the Boss

As a self-employed individual, evaluating your performance can be more challenging than the an evaluation between employer and employee. In the traditional boss-employee relationship, a performance ... Read Full Article

More articles

The Ideal Business Partner

by Tom Murcko

The ideal business partner is someone who wants you to do something that you already want to do. Such partners might be willing to pay you or help you accomplish your shared goals. Identifying such partners is easier said than done, but often well worth the effort. ...Read more

Browse videos


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z