by Lea Strickland | Jul 1, 2025 | Business Articles, Change Management, Leadership, Operations
Introduction The pace of business is unrelenting; new technologies, shifting customer expectations, and global uncertainties demand financial systems that not only scale but also adapt proactively. Building on Scaling Smart: Advancing Financial Systems for Long-Term...
by Lea Strickland | Jul 31, 2010 | Glossary
Spreading the expense/purchase price of a fixed asset (computer, equipment, etc.) over the operating periods it benefits (useful life). IRS Code provides guidance on useful life and depreciation methods.
by Lea Strickland | Jul 31, 2010 | Glossary
The first contribution by a venture capitalist toward the financing of a new business, often using a loan or purchase of convertible bonds or preferred stock.
by Lea Strickland | Jul 31, 2010 | Glossary
Standardized method of classifying business/industrial activity, it represents principle segments of an economy with a numerical code. In the US, sic was established in 1987 and is now being replaced with the North American industry Classification System (NAICS) that...
by Lea Strickland | Jul 31, 2010 | Glossary
The North American Industry Classification System (NAICS) is the standard used by the Federal Government to classify business establishments for the purpose of government contracting and statistical analysis.