Sat.Jun 29, 2024 - Fri.Jul 05, 2024

article thumbnail

Dealing with Difficult Debtors

Your Virtual Credit Manager

Debtors come in all shapes and sizes. In a business-to-business (B2B) environment, most debtors will be easy to work with. That’s because the people you will be dealing with are professionals like you. Their job is to control disbursements for their company just as your job involves maximizing cash inflows for your employer. A discussion between professionals typically results in a mutually satisfactory resolution.

Collector 130
article thumbnail

Strategies for Financing Your Beauty Salon and Spa

biz2credit

The beauty salon and spa industry is a vibrant sector known for its growth potential and ability to offer essential services to a diverse clientele. Whether you’re starting a new salon or expanding an existing one, securing the right financing is crucial for growth and stability. In this article, we’ll explore some popular financing strategies … Continue reading "Strategies for Financing Your Beauty Salon and Spa" The post Strategies for Financing Your Beauty Salon and Spa published

105
105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

U.S. Department of Labor places injunction on Arkansas bar owner

Due

The U.S. Department of Labor (DoL) has injuncted a bar owner in Little Rock, Arkansas, for violating several federal laws. The bar in question, the Benton Tavern, and its owner, Tim Steppach, violated child labor laws, stole tender’s tips, and fired an employee who had enough of the abuse they faced each day. “Our investigation identified numerous violations by Tim’s Tavern and Tim Steppach, and we are using every enforcement tool available to protect their employees and to hold this employer fu

98
article thumbnail

Navigating the storm: Strategic focus areas for retail banks in uncertain times

Accenture Credit Management

In part one of my blog, I explored how current macroeconomic events are akin to a solar storm and the Northern Lights are the manifestation of the banking industry’s reaction to uncertainty. In part two, I will discuss key areas banks should focus on to avoid becoming paralyzed by the challenges they face. Over the… The post Navigating the storm: Strategic focus areas for retail banks in uncertain times appeared first on Accenture Banking Blog.

article thumbnail

Avoid These Common Accounting Mistakes for Growing Businesses

Accounting Department

Growing a business can be an exhilarating experience, but it comes with its fair share of challenges. One crucial area that requires meticulous attention is accounting. Proper accounting practices are the backbone of financial stability and growth, yet many small to medium-sized businesses (SMBs) often overlook them.

article thumbnail

Court Vacates Stipulation for Deposition of Former Judge Jones in Jackson Walker Fee Dispute

Reorg Blog

Chief Bankruptcy Judge Eduardo V. Rodriguez has issued an opinion and order vacating a joint stipulation between the Jackson Walker firm and former Judge David R. Jones.

More Trending

article thumbnail

26 Habits to Simplify Your Personal Growth and Save Money

Due

We all have goals in life. This could include learning a new skill, getting healthier, or achieving financial freedom. Despite this, the constant busyness of modern life can make these goals seem out of reach. The reason? In today’s world, where possessions and self-improvement trends are abundant, it’s easy to get caught up in a cycle of accumulation and pursuit.

article thumbnail

Why Outsourcing Your Accounting Could Be the Best Investment Your SMB Makes

Accounting Department

Running a small to medium-sized business (SMB) is no small feat. Between juggling sales, operations, customer service, and marketing, it’s easy to see why accounting often falls to the bottom of the priority list.

article thumbnail

Supreme Court Declines to Review Permissible Scope of Plan Exculpation in Highland

Reorg Blog

The U.S Supreme Court denied the petitions for a writ of certiorari for review of the Fifth Circuit Court of Appeal’s Aug. 19, 2022, decision affirming, in part, and reversing, in part, the Highland Capital Management confirmation order.

article thumbnail

Onguard joins UN Global Compact

Onguard

Following Visma’s example in 2022 , Onguard is now a member of the UN Global Compact Network Netherlands, officially committing to align its operations with the Ten Principles for responsible business practices and drive awareness in the corporate world. What is the UN Global Compact: The Ten Principles From environmental impact to equality, the world is not on track to meet the UN Sustainable Development Goals by 2030.

52
article thumbnail

4 ways manual payments hurt your business

GoCardless

Manual process could be costing you time, money and customers. Find out more.

52
article thumbnail

Get It Right: Best 5 Price Quotation Examples for Your Business

Grit

Price quotes are vital instruments in business transactions for delivering cost estimates and offers to potential clients. This article discusses what price quotations comprise, the main components of a professional quotation, and five good price quotation examples to help organizations create successful and powerful bids. What is a Price Quotation?

article thumbnail

Court Vacates Stipulation for Deposition of Former Judge Jones in Jackson Walker Fee Dispute

Reorg Blog

Relevant Documents:OpinionOrderChief Bankruptcy Judge Eduardo V. Rodriguez has issued an opinion and order vacating a joint stipulation between the Jackson Walker firm and former Judge David R.

article thumbnail

Why Tech Should Be Part of Your Retirement Budget

Due

Planning for your retirement involves a variety of important decisions, many of which are financial. For example, you’ll need a plan for saving money, managing your investments, paying for healthcare , and budgeting for leisure activities. However, today’s world also requires integrating technology into your retirement planning budget. Tech, no matter how small, should be a fundamental part of your retirement budget.

article thumbnail

Blanket Loans Unveiled: Scale Your Real Estate Ventures Wisely

JNI Commercial Lending

Imagine a financial tool that allows you to scale your real estate investments with ease, minimizing paperwork and maximizing efficiency. This is exactly what a blanket loan offers. For financial advisors, real estate investors, and property developers, understanding the ins and outs of blanket loans could be the game-changer you’ve been looking for.

52
article thumbnail

Xero Accountants in South West London – let’s unlock your numbers

blue dot counseling

No one buys accounting software because they need accounting software. They buy it so they can generate the financial information they need to run and improve their business. The post Xero Accountants in South West London – let’s unlock your numbers appeared first on Blue Dot Consulting.

52
article thumbnail

Stop the Busywork! Powerful Ecommerce Automation Tools

Grit

Running an eCommerce store requires a lot of work. From marketing to fulfillment, inventory management to delivery, even a small step could be overwhelming at some points. That’s why eCommerce automation tools can be your saver along the way. In fact, 67% of store owners said that deploying automation software is important for their business development.

52
article thumbnail

The Department of the Treasury makes a $97 million pledge to support Alabama’s business

Due

The U.S. Department of the Treasury has pledged $97 Million to support Alabama small business. The move comes through the American Rescue Plan Act’s State Small Business Credit Initiative (SSBCI). U.S. Deputy Secretary of the Treasur y Wally Adeyemo, said of the funding, “We are helping entrepreneurs across the country unlock access and opportunity, and we’re excited to expand this work to include Alabama’s small businesses – providing collateral, supporting venture capital programs, and reachin

article thumbnail

What does an accountant do? | Chaser

Chaser

Balance sheets, tax regulations, financial statements - these are just some of the many concepts an accountant must know like the back of their hand. Accounting is one of the oldest professions, dating back thousands of years. Yet, it continues to evolve alongside the business landscape.

52
article thumbnail

B2B Embedded Payments & Finance: A Guide

TreviPay

Whether shopping or just surfing, everyone is in a hurry online. An ‘ online second ‘ is even shorter than a ‘ New York minute ‘ For example, one study found that websites with 1-second loading times have 3x higher conversion rates than those with 5-second ones (and 10x higher than those with 10-second ones). Payments are a significant part of this picture.

article thumbnail

10 Top Finance Conferences for CFOs and Finance Leaders in 2024

Gaviti

As the role of the CFO has expanded to include financial planning and predictions, it’s your job to stay on top of the tools and technologies that can best assist you in achieving these tasks. But economic uncertainty, supply chain disruptions and rising interest rates have made these tasks increasingly challenging. By attending a finance conference, however, you can meet with fellow financial professionals who can share their experiences on how they’ve overcome these challenges.

article thumbnail

Jeff Bezos will offload $5 billion shares as stock hits record high

Due

Jeff Bezos, the founder of delivery and logistics giant Amazon, is set to sell almost $5 billion in shares as the stock price hits a record high. A regulatory filing from the e-commerce giant shows Bezos offloading 25 million Amazon shares. The SEC filing is one of many on the Amazon investor relations section of the site. Bezos cashes in on Amazon stock soaring Amazon’s market cap hit $2 trillion for the first time, and stock prices rose to $200.43, showing a stock report that was up 32% year-t

52
article thumbnail

10 skills every credit management professional should have | Chaser

Chaser

Chasing payments is nobody's favorite part of running a business. But when cash flow runs dry, companies can quickly find themselves in hot water.

article thumbnail

Learn How To Master Customer Segments [5 Best Practice]

Grit

Customer segmentation is a powerful tool that can significantly enhance business outcomes. According to Bain & Company, businesses that successfully tailor their offerings to specific segments can benefit from a 10% higher annual profit growth. Customer segments involve dividing a customer base into distinct groups of individuals who share similar characteristics.

52
article thumbnail

How to Get Startup Business Loans with Bad Credit

CreditStrong for Business

Startup founders often incur significant upfront costs to get their operations off the ground and start generating revenue. As a result, they frequently need external financing to grow initially. Unfortunately, it’s challenging for new startups to qualify for traditional business loans because they lack business credit. Let’s explore some alternative forms of financing you can use to clear that hurdle and get startup business loans with bad credit.

article thumbnail

Healthy Aging, Healthy Retirement: 3 Key Strategies to Save Money and Live Longer

Due

As you approach retirement, one of your biggest concerns is naturally going to be your health. As we get older, our bodies and minds gradually deteriorate, accumulating a host of different health complications. This creates various new challenges. To make matters worse, the costs associated with healthcare and medical intervention will increase. Insurance premiums will rise, and you’ll have more injuries and ailments to deal with.

article thumbnail

Stop writing off your revenue as bad debt: Chaser debt collections

Chaser

Is your business struggling with bad debt? Managing finances and ensuring consistent cash flow are critical challenges that every business must navigate effectively to remain profitable. Among these challenges, dealing with bad debt is a persistent obstacle that can significantly impact your business’s financial health.

article thumbnail

Working at Onguard: Meet Jordy

Onguard

When he was a child, he wanted to become a pastry chef. At 21 years old, he had his own business providing IT services to small companies. And in his free time, he is a music producer! We proudly introduce Jordy Zijp, team lead at the CreditManager Customer Service department. At the end of 2023, the number of unsolved tickets at the Onguard Service Center dropped by an impressive 65%.

article thumbnail

The Credit Card Stacking Method – Startup Hack or Debt Trap?

CreditStrong for Business

In a business’s early years, expenses are often high and revenues low, which makes external funding necessary. Unfortunately, it can be frustratingly difficult to obtain. As a result, finding creative ways to qualify for financing is often one of the most significant challenges for young startups and small businesses. Credit card stacking is an innovative approach you can substitute for a business line of credit.

article thumbnail

Providence woman arraigned in court over swindling seniors for $10 million dollars

Due

A Providence woman was arraigned in federal court today on charges of fraud and taking advantage of seniors and vulnerable individuals. In June, a federal jury indicted Megan E. Shine, the woman at the core of a fraudulent mail-order sweepstake scheme. The District of Rhode Island charged Shine with four counts of mail fraud and one count of conspiracy today.

52