Remove Business Bankruptcy Remove Credit and Collections Remove Deductions
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Storm Warning: Private Company Red Flags

Your Virtual Credit Manager

The United States has witnessed a significant surge in corporate bankruptcies, reaching a 14-year high in 2024. Business bankruptcy filings increased by 33.5% Customer past due balances cause cash flow shortages, increase the need for borrowing, and create a significant work requirement in order to accelerate collections.

Bad Debt 130
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Seven Observations from Silicon Valley Bank's Failure

Your Virtual Credit Manager

Any enterprise extending credit to another business needs to have real treasury expertise. In addition to the effect of inflation, AR loses value as a result of profit dilution (when customers do not pay you the full invoice value due to payment deductions or disputes) and bad debt losses. Learn More About Credit Reports 5.

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LLC vs. Sole Proprietorship: Differences, Similarities, and How to Choose

Fundera

The operating agreement outlines each member’s ownership stake in the business, voting rights, and profit share. An LLC can be collectively managed by the members or managed by an appointed manager. Usually, LLC members decide on company matters in proportion to their ownership stake—called membership units—in the business.