Despite your best attempts to minimize bad debt, it is inevitable that some customers will not pay. It is an unfortunate side effect of doing business. Understanding collections and having a procedure in place can help recover part of all … Read More »
As we have said, a debtor not paying their debt is an inevitable part of extending credit. When this occurs, there are multiple things you could do in order to recover some or all of the money owed. Unfortunately, some … Read More »
The internet is a treasure trove of information for any credit professional. You can find contact information, competitors, and can even judge the health of a business based on their online presence. One of the most popular things people do … Read More »
Fraud can come in all shapes and sizes. One of the most popular forms of fraud is when a potential customer either lies about the credentials of their own business or pretends to be apart of a more highly regarded … Read More »
Understanding how to read a cash flow statement is an essential part of doing business. Here is a quick step by step guide to help you with the basics and understand what you are looking for. Start With The Basics … Read More »