Primary navigation:

QFINANCE Quick Links
QFINANCE Topics
QFINANCE Reference
Add the QFINANCE search widget to your website

Home > QFINANCE Dictionary > Definition of business failure

Definition of

business failure

General Management

bankrupt organization an organization that has gone bankrupt. A business that is at risk of failure may be saved by turnaround management, which identifies and deals with the reasons for decline.

Related definitions of "business failure"

Recommended Further Reading (Term count)
  • Financial Management for the Small Business
    Colin Barrow (6th ed 2006, originally 1984)
    Designed to assist with the basics of business finance for the managers of small businesses. Focuses on key areas, informing on financial statements, financial analysis, business plans, and budgets. Gives advice on successful financial planning and control, and how to operate a small business from a solid financial platform.  
  • Understanding Impairment Accounting: What It Is and When It Is Used
    This checklist outlines ways to understand impairment accounting: what it is and when it is used.
  • Implementing an Effective Internal Controls System
    by Andrew Chambers
    In some jurisdictions law or regulation may require effective systems of internal control, with serious penalties for irresponsible failure. The Sarbanes–Oxley Act (2002) requires CEOs and CFOs of companies with listings in the United States to certify their assessment of the effectiveness of internal control over reported disclosures (s302) and financial reporting (s404), with penalties of up to $1 million and ten years imprisonment for...
  • Managing 21st Century Finances
    by Terry Carroll
    Corporate purpose, for most companies, is to create and sustain long-term stockholder value. However, markets can be driven by fear or euphoria. Stuck in the middle are top managers, especially the CFOs. They have to balance long-term planning with “short-termist” behavior in the markets. How can this be achieved? What are the new metrics for survival and sustainable prosperity?As some companies have destroyed value, some have begun to question...

Definitions of ’business failure’ and meaning of ’business failure’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’business failure’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top

Related

Most Viewed

Recommended

Latest

 
QFINANCE www.qfinance.com