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Upping the stakes

Article Abstract:

Companies can gain a competitive advantage in the marketplace by adequately addressing the concerns of customers, workers, shareholders, financial institutions and government agencies, collectively called stakeholders. Companies should incorporate environmental and social management practices to conventional economic decision-making processes. Moreoever, companies should also take care of stakeholders' concerns regarding economics and politics. In 1997, several firms worldwide will be espousing principles established by the Geneva, Switzerland-based International Standards Organization for environmental management systems and environmental audits.

Author: Downing, Peter R.
Publisher: The Canadian Institute of Chartered Accountants
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1997
Management Policy & Goals, Management, Laws, regulations and rules, Business enterprises, Business planning, Strategic planning (Business), Goal setting, International Organization for Standardization

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Sell your invoices

Article Abstract:

Invoice discounting is emerging as a viable means of obtaining critical short-term financing when banks refuse to provide such loans. A growing number of companies have discovered a lucrative niche in funding small businesses by purchasing their outstanding invoices at a discount. Invoice discounters are not factors and typically service small and medium-sized firms in high growth situations that banks and other financial institutions will not provide with short term financing.

Author: Belford, Terrence
Publisher: The Canadian Institute of Chartered Accountants
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1999
All Other Nondepository Credit Intermediation, Personal credit institutions, Small Business, Short-term business credit, Short Term Business Finance, Nondepository Credit Intermediation, Lending Services, Methods, Economic aspects, Financial services industry, Finance, Financial services, Short term business financing, Short-term financing, Short term financing, Invoices, Loan servicing, Small business lending companies

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