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Tag Archives: bad debt

Can Bad Debt Be a Good Sign

15 Jun

In the last economic downturn for your industry, did your bad debt increase materially? While on the surface, customers not paying may seem bad for business. It leads to lost revenue and potentially lost customers, which ultimately will hurt your bottom … Read More »

Extending Credit, Welcome bad debt, credit terms, small business Leave a comment

How to Avoid Preferential Debt Payments

27 Mar

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 »

Business Practices, Extending Credit accounts receivable, bad debt, commercial debt collection, Debt Collection Tips, payment 2 Comments

Good Debt / Bad Debt: Forbes Offers These Thoughts

10 Aug

A recent article in Forbes titled, The Hard Truth About Debt For Entrepreneurs gave insight into the concept of ‘good debt’ vs ‘bad debt’. The author comes right out and says there’s no such thing as good debt. But then … Read More »

Business Practices bad debt, forbes, good debt Leave a comment

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