How to extend credit for creditors.
Everyone has creditors they would rather pay back before others (such as debts owed to family or friends), but if you pay back these creditors prior to filing for bankruptcy they could be considered preferential debt payments. This would allow … Read More »
Extending credit to customers is a natural part of doing business, yet one of the big questions almost all businesses will face is who to grant credit to. No matter how diligent and proactive you are, there will always be … Read More »
We’ve all heard the numbers and statistics stating the majority of small businesses fail within the first few years. There are a multitude of reasons behind these entrepreneurs failing, but one of the most important factors can be cash flow. … Read More »
Going global is a dream of many businesses. Not only can it significantly increase the customer base of a company, but it can help increase brand recognition. But, here’s the problem: when companies make the decision to go global, they … Read More »
When your company decides to extend a line of credit to any business, no matter the size, there is always risk connected to it. While it may be easy to monitor your business’s problem accounts, monitoring those who regularly pay … Read More »