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Secret Reserves
It has been defined as "any reserve which is not apparent on the face of the balance sheet". It is sometimes called "hidden reserve", or 'internal reserve' or 'inner reserve.' This reserve represents the surplus of assets over liabilities and capital. It does not appear in the ledger. The creation of secret reserves strengthens the financial position of the concern. Its financial position would be better than what it would appear on the face of the balance sheet. Secret reserve is created usually by joint stock companies especially banking, insurance and financial concerns.

Other rival companies Related Articles

Love the One Youre With Strengthening Existing Customer Relationships
Strengthening customer relationships is like strengthening a marriage. Have you ever faced a situation where you thought your relationship with a customer was still going strong, only to find she's got her eye on a rival vendor? LOVE THE ONE YOU'RE WITH stresses the importance of salespeople nurturing existing customer relationships, including examples of questions that will help you get to the heart of your customer's true wants and needs.
Lessons From Blockbuster A UVP Worth Writing Home About
When Blockbuster first came out with their online movie rental service it was a joke compared to Netflix. I tried it out for several weeks and was sorely disappointed and quickly switched back. What was Blockbuster's problem? Essentially, they had no Unique Value Proposition. Blockbuster could not convince me, and many others, that their service was worth using over their primary rival, Netflix. That has all changed.
Sales Training for the Fiery Edge on your Competitors
Your company’s rival could be investing in sales training for their sales staff while your sales staff sits complacently at their office desks, perhaps reaching sales goals but never exceeding them. Not investing in sales training gives your competitors another edge that maybe you can’t afford to lose.

How to create marketing that is better than Fortune 1000 companies
In the world of business it can be disheartening to think that you'll never be able to compete with the “big boys” because of their huge advertising budgets. Well maybe you can't in terms of production value, but you can certainly put together effective marketing campaigns that can rival what they do in terms of return on investment. The key is doing the basics of marketing...

Lesson #1: “Everybody likes something extra, for nothing.”
When Wrigley Jr. first arrived in Chicago in 1891, he knew that the $32 in change that was jingling in his pockets was not going to take him very far. But Wrigley Jr. had something else going for him that could rival even the deepest pockets: he had enthusiasm, energy, and talent as a salesman. It was those qualities that were going to help him come up with the idea that would get his company off the ground to a running start.

The Art of Strategic Thinking
When it comes to thinking, planning, and acting strategically, few companies actually succeed! Having said that these companies can still run well, maintain, grow, and be present in the marketplace. But these companies will never be great! They will never be extraordinary places to work, nor will they be outstanding companies to do business with.
China commits to raising outsourcing profile
India may still be the dominant country when it comes to offshore outsourcing, but that situation could change in the coming years as China makes a bid to challenge its rival. Earlier this year, the government chose 20 cities as outsourcing hubs to attract more international investment and provided them with tax breaks, labor hours systems and employment subsidies. Now, the country has announced further policies designed to boost the sector. On Wednesday, the Chinese government said it would increase the financial incentives given to companies working within the outsourcing industry, particularly within the 20 hub cities.

Assessing the Need for a Training Consultant
When companies find themselves in the market for employee training, the results can be overwhelming. There are several options and several companies that offer training services. Deciding on one to utilize requires a fair bit of research and introspection and many companies cannot bear to lose the time required to determine a result. As such, some companies decide to hire a training consultant to assess need and hire training companies, if necessary.
Use Facebook Pages to Market Your Online Income Opportunities
At the last count Facebook had something like 500 Million users worldwide the majority of whom live in the USA. This social site is rapidly becoming Google’s biggest rival with Facebook advertising getting ready to take a lot of business away from Google Adwords. Because of this Facebook has become too big for any serious online business marketer to ignore.
Driving Revenue: Ten Actions Senior Management Must Take Immediately
Companies don't fail because individuals in the company want to fail. Companies fail because employees don't know what the rules are. Companies that are guided by strong boundaries thrive by developing prospects and driving revenue. Companies loosely run, fail.
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