Business Impact of Bad Debts Financial Effects Clients' failure to pay for goods or services results in a depletion of projected earnings, influencing both the profit margins and cash...
February 8th 2024 Author: Brendan Gilbert
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The Impact of Bankruptcy on Small Businesses
The Legal and Financial Implications of Small Business Bankruptcy It is of utmost importance for entrepreneurs and stakeholders to have a complete understanding of the legal and financial consequences...
January 16th 2024 Author: Brendan Gilbert
Dealing with Unpaid Invoices: What to Do If a Customer Doesn't Pay
Step 1: Analyze your Payment Documentation and Terms An efficient payment process begins with the foundation of clear payment terms and invoice documentation. To get started, review your current...
January 9th 2024 Author: Brendan Gilbert
B2B Collections: Best Practices
B2B collections play a crucial role in maintaining the financial health of businesses of all shapes, sizes, and descriptions. Efficiently handling accounts receivable and promptly recovering debts are essential...
November 28th 2023 Author: Jeremy Crane
Debt collection in construction industry
A lot of companies in the construction industry are small businesses, which often means they are not equipped to manage their finances properly. Many of these companies also face...
November 21st 2023 Author: Brendan Gilbert
