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The Role of Tariffs in Small Business Debt

As small businesses navigate 2025, economic uncertainty continues to shape financial landscapes, with tariffs playing a pivotal role. Trade policies and import costs impact operational expenses, profitability, and ultimately, business debt levels. This article explores how tariffs influence small business debt, drawing insights from Global Findex data and past economic trends, and provides strategies for businesses to stay financially resilient in a shifting market.

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The State of Small Business Debt in 2024: Insights from Global Data

Small business debt is a growing concern in 2024, with rising interest rates, inflation, and cash flow challenges affecting entrepreneurs nationwide. Using insights from the Global Findex Database, this article explores key debt trends, the biggest financial hurdles small businesses face, and practical strategies for managing outstanding receivables. Whether you're struggling with late payments or looking to optimize your financial stability, understanding these insights can help you make informed decisions.

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Identifying Past-Due Accounts: A Guide for Business Owners and Financial Managers

Late payments and past-due accounts can strain your business's cash flow and hinder growth. In this guide, we dive into key warning signs of delinquent accounts, common reasons behind client payment delays, and practical tips for managing overdue invoices. Learn how to spot trouble early, address issues proactively, and discover when partnering with a professional collection agency, that can help you recover outstanding balances while maintaining strong client relationships.

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The Role of Communication in Debt Recovery: Tips for Effective Conversations

Effective communication is at the heart of successful debt recovery. Whether you’re speaking with clients, debtors, or internal stakeholders, how you handle conversations can make or break your collections process. In this guide, we'll explore key tips and strategies to foster productive communication, avoid common pitfalls, and ensure your debt recovery efforts remain professional and successful.

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Avoiding Common Debt Collection Pitfalls

Managing debt collection can be a challenging process for businesses, with legal requirements and common mistakes often creating obstacles. In this post, we highlight some of the most frequent debt collection errors—from lack of documentation to failing to verify debts—and provide actionable tips to avoid them. By implementing best practices, you can improve your debt recovery efforts and protect your business from potential risks. Burt and Associates is here to help streamline your collections process with tailored solutions designed to meet your unique needs.

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How to Achieve Timely Financial Close: Tips for Finance Managers

Delays in financial close can be a major headache for finance managers, leading to missed deadlines and increased stress. This guide provides practical tips to streamline your processes, leverage automation, and foster better communication, ensuring a timely financial close and alleviating your biggest frustrations. Discover how to keep your financial operations efficient and your team on track!

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Nailing Debt Collection: A Guide for Business Owners

Table of Contents: Introduction:In today’s fast-paced business environment, effective debt collection is crucial for maintaining healthy cash flow and ensuring the financial stability of your business. However, navigating the complexities of debt collection can be challenging. In this comprehensive guide, we’ll explore practical tips and strategies to help business owners master the art of debt…

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