Business Practices
As we have said in the past, credit terms are never a one size fits all concept. Though the industry standard tends to be Net-30, there are many reasons why it might make sense for you to shorten or lengthen … Read More »
Data is quickly becoming the currency of the 21st century. It seems like every company is constantly trying to get more and more of it, but what for? Despite the negative press around how data is being used, in many … Read More »
No one wants to see one a customer file for bankruptcy. Not only does it mean potential lost revenue, but it also creates a series of headaches if you hope to get paid at all. While there are many types … Read More »
Motivation typically comes from within the individual. For the business leader, that means she/he must create an environment that fosters self-motivation. And since every industry has its own unique attributes, the ways in which you choose to foster motivation could … Read More »
We recently wrote an article on the importance of properly staffing your credit department. One of the ways to achieve this is to constantly question and analyze what you are doing. One of the worst answers to why you are … Read More »