photo credit: danesparza Now is the time to create a credit policy to keep your existing customers, get paid, and stay in business. This policy should include clearly outlined procedures and actions for when someone can’t pay so you can immediately take steps to help your customer and protect your business. Recently stated on Entrepreneur.com. […]
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photo credit: lemonjenny Today it is no secret that many people and businesses alike are experiencing higher volumes of debt. Creditors are most likely at their all time high when it comes to collecting on debt in the U.S. today. I recently came across some different strategies you can use to shrink your debt, courtesy
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photo credit: Andres Rueda ActiveRain describes on possible reason that it might not be best to use your personal credit, if you can help it. What might be perfectly normal and acceptable for a business credit profile, such as submitting multiple applications for business credit, can have a serious negative impact on personal credit because of
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photo credit: macieklew Everyone in business is contemplating how to get out of the financial crisis we are having right now, how to secure money, profit, customers new and old, etc. But is anyone thinking about how thing’s will be after the crisis is over? What will business be like, what will your customers spend
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photo credit: kozumel One way or another, bad debt is going to get you in some way. Wether a customer buy’s something on credit and then doesn’t make good on the payments, or a vendor lends a business inventory on credit and the company folds anyway in the long run, it happens. However, that bad
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The Journal Record: The crushing debt faced by consumers is spawning a growing practice niche for consumer lawyers: suing debt collectors for illegal collection practices. Moore attorney M. Kathi Rawls said she has seen a 40-percent to 50-percent increase in clients coming to her with complaints about debt collectors over the past year. Many times,
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