Long-term liabilities are the same as long-term loans. Most companies call a debt long-term when it is on terms of five years or more.
At Bplans, it's our goal to make it easy for you to start and run your business. The Bplans glossary of common business terms will help you learn about key small business and entrepreneurship topics.
Starting or Growing a Business? Check out these Offerings.
All the Insights You Need to Help Your Business Succeed
Works with QBO & XERO
Exclusive Offers on Must-Haves for New and Growing Businesses
$100+ in savings
Full Business Plan in Half the Time— and Double the Impact
Save 25% Annually
One-Page Business Pitch
Write A Winning Business Pitch In Just 60 Minutes
Start for $20/mo
Discover the world’s #1 plan building software