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
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