Featured Articles

    • What Lawyers Don't Get About Finance

      There are two kinds of people in the world, says finance expert Tom E. Greene: word people and number people. Most lawyers fall into the first group, which explains why they either panic or gloss over when faced with financial concepts in litigation. (read more)


    • IP Lending: Should a Company Put Up Their Brand as Collateral?

      According to a recent study by Brand Finance, intellectual property (IP) now makes up 62 percent of the collective value of the world's publicly traded companies. (read more)


    • Four Myths about Legal Funding

      Legal funding is the fastest emerging financial trend in the U.S. justice system. With industry leaders currently reviewing more than 40,000 funding applications per month, legal funding has risen from relative obscurity five years ago to the forefront of marketplace solutions for attorneys and their clients. (read more)


    • Using the Business Plan

      A business plan is a tool with three basic purposes: communication, management, and planning. As a communication tool, it is used to attract investment capital, secure loans, convince workers to hire on, and assist in attracting strategic business partners. (read more)

You Need To Know

2008 Employee Gifts and Company Parties: Better Know the Tax Rules

Businesses considering a "small gift" for employees -- a turkey or ham -- or throwing a Christmas party should know if they are taxable. (read more)

Balance Sheets Explained

The balance sheet is a snapshot of the company's financial standing at an instant in time. The balance sheet shows the company's financial position, what it owns (assets) and what it owes (liabilities and net worth). (read more)

Key Points to Consider When Borrowing Money

Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan isn't always easy. Before you approach your banker for a loan, it is a good idea to understand as much as you can about the factors the bank will evaluate when they consider making you a loan. This discussion outlines some of the key factors a bank uses to analyze a potential borrower. Also included is a self-assessment checklist at the end of this section for you to complete. (read more)

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