How to get your customers paying in 60 days or less
Rising sales will mean rising levels of accounts receivable. However, it is essential to monitor the measure of DSO, particularly during a period
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It’s My Money and I want It Now
Calculate your average collection period by dividing your total sales for the previous year by 365. This gives you your average daily sales volume
Read articleCommercial Business Loans
Interest payments. When a lender establishes an interest rate, it must comply with any applicable state usury laws
Read article8 Small Business Trends
Running a small business requires a focus on the present daily operations. With time restraints looking ahead becomes difficult.
Read articleNo Hope & No Money
When assessing risk in dealing with a business, it’s important to know as much as possible about both the customer and the industry the business operates in
Read articleIdentity Thieves, Protect your Business
The Fair and Accurate Credit Transaction Act, also known as FACTA, protects businesses and consumers from thieves that try to steal identity information
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Turning Accounts Over to Collections
The fact is that collecting the debts you are legally owed is actually an ethical responsibility of any business owner. You are not in business to finance others
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The Ethics of Business Debt Collection
Considering Hiring a Debt Collector to collect on your business?. The methods used in collecting on debt are the third major factor to consider
Read articleHow real are Earnings on Wall Street?
A corporation’s earnings report can have a devastating effect on its stock price if earnings just barely fail to meet the company’s projections
Read articleCommercial Collection: Stress
Fortunately, today nearly 50% of America’s large companies provide their employees with stress management training, but there is still a long way to go
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