Balance Sheet Basics
This document provides a snapshot of a company's assets, liabilities, and equity at a specific point in time.
Balance Sheet
This person screens access to a company's decision-maker.
Gatekeeper
This term refers to the total inflows and outflows of cash in a business.
Cash Flow
A plan for operating through a disruption or disaster.
Business Continuity Plan (BCP)
This group of individuals oversees company management on behalf of shareholders.
Board of Directors
This item shows money a business expects to receive from customers.
Accounts receivable
These are recurring expenses like wages and rent that help a business operate.
Expenses
This is a fixed-term loan that is paid back in set installments.
Non-revolving credit
This is created to handle unexpected risks or events in business.
Contingency planning
Individuals or institutions that own a piece of the company.
Shareholders
Shareholder's equity
This term for the value of a company's non-cash assets like property or intellectual property.
Assets
This system is used for direct deposits and bill payments.
ACH (Automated Clearing House)
This plan ensures a company has a leadership pipeline if someone retires.
Succession planning
What a business owes like loans, unpaid bills, or other debts.
Liabilities
This financial document shows profit or loss over time.
An income statement
This type of credit allows you to borrow, repay, and borrow again.
Revolving credit line
A plan for paying down a loan over time, including interest and principal.
Amortization
A pledged asset that secures a loan. Examples: car, house, business equipment or inventory.
Collateral
This person might block access to decision-makers but can also be a valuable ally.
Gatekeeper
This item shows what a company owes vendors and can lead to conversations about payment solutions.
Accounts payable
This represents ownership in a company, often shown through shares.
Equity
This department helps companies manage liquidity and financial resources.
Treasury Management
Managing short-term assets and liabilities to support operations.
Cash management
This team often helps decide where a company banks or gets financial services.
Company's decision-makers or financial officers