Your Virtual Credit Manager

DECEMBER 6, 2022

Under-performing AR has the potential to create a cash flow crisis that can shut down your business in very short order. Cash Flow is the number one cause of small business bankruptcies. The solution is the implementation of credit and collection best practices geared to ensure customer profitability and sufficient cash flow.

DSO 130

DSO Credit and Collections Bad Debt AR Aging 130

Your Virtual Credit Manager

MARCH 21, 2023

This is another reason to re-evaluate the credit risks lurking in your AR portfolio. The resulting disruption on Wall Street will eventually affect main street as we saw from 2008 through 2012 when business bankruptcies returned to pre-recession levels. How large will the impact on the banking system and economy be?

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bankruptcy Bad Debt Credit and Collections 130

tillful

MAY 17, 2023

Unfortunately, derogatory marks cause your credit scores to drop and alert future creditors that you present a higher credit risk. Along with credit account information, credit reports typically include public records — records of incidents or actions recorded with a government agency.

Bankruptcy 52

Bankruptcy Credit and Collections Credit Reporting Agencies Credit Scoring 52

Due

MAY 28, 2023

Here we’ll discuss how the bank crisis may affect the future of entrepreneurs and what you can do to protect your business. Banks, by nature, face numerous risks. Additionally, small businesses often can’t pay their existing debt, leading to decreased business credit scores or even bankruptcy.

Bankruptcy 53

Bankruptcy Credit and Collections Business Bankruptcy Small Businesses 53