Tue.Jun 25, 2024

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11 Signs Your AR Portfolio May Be at Risk

Your Virtual Credit Manager

In order to maintain optimal cash flow, your accounts receivable (AR) portfolio needs to remain in good shape. That can be a constant battle because all the mis-steps made during the order-to-cash (O2C) process will accumulate in your AR, and given time, clog it up. To prevent that from happening, you need to proactively monitor your AR and be ready to address any fundamental changes.

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How Working Capital Loans Can Support Your Business Operations

biz2credit

Being a business owner means juggling multiple priorities at the same time. When you have strong cash flow and a good profit margin, it’s fairly easy to cover operational costs. But when circumstances change—due to a slow period, increased competition, an unexpected expense, or even a new growth opportunity—where do you find the cash to … Continue reading "How Working Capital Loans Can Support Your Business Operations" The post How Working Capital Loans Can Support Your Business Operations

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It’s time to change accountants

blue dot counseling

You’ll know when its time to change accountants. Cloud accounting has closed the gap between a business and their accountant and, although we’ve always thought there should be ongoing dialogue and contact throughout the financial year, there really is no excuse these days for that not to be the case. What are you looking for […] The post It’s time to change accountants appeared first on Blue Dot Consulting.

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June Credit Management News

Credit Management Group UK

Welcome to our June Credit Management News blog. We have given you snippets of the latest topics that we hope are of interest to you and provide information to help with your business. If there is anything you would like to see more of in our round ups let us know: CREDIT MANAGEMENT SMEs struggling to pay HMRC High interest rates seen as a threat to half of business owners One in five SME say late payments problems have become worse REGULATION & COMPLIANCE Small firms call for next Governmen

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Unraveling the cycle of unhealthy relationships

Due

In love and romance, it’s not rare to see people caught in a seemingly never-ending cycle of unhealthy relationships. These individuals often find themselves in a string of partnerships that leave them emotionally drained, unsatisfied, or even in toxic situations. It’s tempting to chalk this up to bad luck or to make sweeping generalizations like “all men are narcissists” or “all women are irrational.” These narratives oversimplify the intricate dynamics of hu

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Hertz Cash Burn Creates Need for $750M Corporate Debt Raise

Reorg Blog

Reorg estimates that Hertz is burning cash at both its rental car business and in its fleet management activities.

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First Circuit Ruling on Scope of PREPA Bondholders’ Claim

Reorg Blog

The opinion from the U.S. Court of Appeals for First Circuit shook muniland with big implications for PREPA bondholders.

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Deciphering future stock performance trends

Due

Investing in stocks is a well-trodden path to growing wealth over time. Yet, comprehending the performance of stocks and forecasting their future trends can be a daunting task. This article aims to simplify this process by providing a logical explanation of what you should expect from the performance of stocks going forward. View this post on Instagram A post shared by Taylor Sohns – CFP®, CIMA®, MBA – Finance (@lifegoalinvestments) Decoding stock performance The performance of stock

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Collections Forecasting – Key Things to Watch

Gaviti

Wouldn’t it be nice to be able to accurately predict your future cash flow? You could better allocate funds and make more informed business decisions. Luckily, you can with accounts receivable forecasting. Accounts receivable forecasting is like having a financial crystal ball. While it might be a challenge, depending on how you manage your accounts receivable, forecasting is a powerful tool to help you grow your business.

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U.S Department of Labor announces $10.5m funding for Mine Workers across the country

Due

The U.S. Department of Labor announced that a new grant has made $10.5 m available for mine workers. The Mine Safety and Health Administration (MSHA) announced the news on the Department of Labor website. The grant will be made available in this fiscal year as part of the 2024 State Grants program. MSHA makes grant funding available The grant will make the working environment safer for miners in coal, metal, and nonmetal mines, both above and below ground.

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Navy suppliers agree to pay $70 million to resolve False Claims Act allegations

Due

Two Navy suppliers have agreed to pay a substantial $70 million fine to resolve False Claims Act allegations. The allegations center on Sikorsky Support Services Inc. (SSSI), based in Connecticut, and Derco Aerospace Inc. (Derco), headquartered in Milwaukee, Wisconsin. Two Navy suppliers agree to pay $70m to settle allegations Both companies had been accused of overcharging the U.S.

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20 Side Hustles That Take Less Than An Hour Per Day

Due

We all have dreams, like that vacation to Iceland, a down payment on a house, starting a bakery business, or finally stopping living paycheck to paycheck. Those dreams, however, can feel distant amid the daily grind and responsibilities. This is where side hustles come into play: a way to make extra money without making complete sacrifices. The problem?

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