In the glory days of the digital photo frame business, when his products were still a novelty and shoppers were flush with cash, getting a bank loan to manufacture them was a cinch, Michael Levy says.

“We would say: ‘We got a $1 million order from the Sharper Image. We need financing. With a snap of the fingers, the guy drove down to my office, we’d sign a document, he’d give us the money,” Mr. Levy recalls, sitting in the Deer Park, Long Island, office of the Media Street Group that he runs with his brother, Norm.

Renaissance Capital is the go-to source for information on IPOs.

Get a high-level view of the challenges and benefits of transitioning from GAAP to IFRS.

From the large, multi-national corporation down to the corner beauty salon, every business transaction will have an effect on a company’s financial position. The financial position of a company is measured by the following items:

1. Assets (what it owns)
2. Liabilities (what it owes to others)
3. Owner’s Equity (the difference between assets and liabilities)

This comprehensive directory can help you explore the profession and find potential employers

Get comfortable with balances sheets with Part 1 of this two-part series

Get comfortable with balances sheets with this second part of a two-part series

You've just purchased or opened a small business and you know your trade, but when it comes to bookkeeping and, more specifically, budgeting, your skill set is lacking. It's OK - the good news is that it is possible to come up with a budget, or at least a good estimation of what will be needed in terms of dollars and cents. Read on for six simple tips that will help you put together a top-notch small business budget.(To read about large corporations' budgets, check out How Budgeting Works For Companies.)

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Fewer than 1 in 10,000 startup companies gets funded by VC firms, according to a report on small business finance by Dr. Bill Bygrave (left), professor at Babson College. Bygrave discusses results of the 2006 GEM Finance Report with Smart Answers' Karen E. Klein