External capital

What is external capital?

External capital consists of the obligations or debts that a business has. It is a part of the liabilities and therefore appears on the credit side of the balance sheet.

There is a distinction between short-term and long-term debts. Short-term debts, also known as current liabilities, must be paid within one year. Long-term debts, also referred to as non-current liabilities, are due for payment after one year.

Sustainable success through manageable and controlled growth

The ICR online business software helps entrepreneurs and organizations find balance and peace, through manageable and controlled growth, with the goal of a healthy organization and sustainable success. We do this through the all-encompassing ICR cycle.

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The comprehensive ICR cycle