No 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
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Identity 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
Read articleTips For Collecting on Judgments
First, bank on the future by creating liens. An important step in any collection plan is to establish liens (legal claims) against the judgment debtor’s real estate and business property
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Accounts Receivables Aging
Business Debt Recovery Tool. The Accounts Receivable Aging Schedule is a useful tool for analyzing the aging of your accounts receivable.
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Days Receivable Outstanding DSO Calculation
The DSO (Days Sales Outstanding) can be used to determine if a business wants to hide weak sales or is generally ineffective in generating revenue. Most companies calculate their DSO on a quarterly or annual basis and use that information to determine how quickly their customers pay their bills.
Read articleTop 3 things to consider when placing accounts for commercial collections
Top 3 things to consider commercial debt collection; Getting Paid!, Protecting Your Company’s “BRAND” and Licensing, Bonding, and Insurance
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