A 2010 report from the Bureau of Labor Statistics (BLS) found that of the $150 billion in debt sent to collection agencies, only $40 billion was recovered. There’s a pretty good reason for this, and it all starts with who you choose as your arbitrator. All successful debt recovery requires… Read More »What Should You Look for in an Arbitrator?
Cash flow problems can cut to the heart of any business. Case-in-point, a U.S. Bank study recently found that 82 percent of small businesses in the United States fail because of issues related to cash flow. And one of the biggest drivers of this is a client not paying on… Read More »8 Businesses That Suffer Cash Flow Problems: Is Yours One?
Debt negotiation can be a hard pill to swallow if you’re on the business side of it. After all, you have a legal right (and a financial need) to the funds that are owed. So why should you settle for anything less? To put the answer for this in perspective,… Read More »When Is Debt Negotiation My Best Recovery Option?
Young businesses often operate blindly with regard to cash flow. They don’t give it enough thought, instead seeing only revenue and expenses. As long as the R’s outpace the E’s, everything should be fine — or so goes the thought pattern. Why Cash Flow Matters If they haven’t done the… Read More »Why Cash Flow Is So Important, and How an Agency Can Help
Unpaid debt is a massive problem in the United States, not only for consumers but businesses as well. Debt settlement is the act of accepting less than what a client or customer owes to get delinquent accounts off the books and generate some form of compensation you otherwise wouldn’t receive.… Read More »How Debt Settlement Works, and When It’s Good for Your Business
Nothing grinds the progress of a new business to a stop quicker than cash flow problems. You can’t function if you’re not getting paid, no matter how much “business” you’re actually doing. Fortunately, there are ways you can get out in front of issues or address them promptly so they… Read More »How to Get Out of Cash Flow Problems
As any business owner knows, having a debt recovery plan for when clients can’t (or won’t) pay is an integral part of running a successful company. Unfortunately, unpaid debts are rampant throughout the United States. In fact, a Business Insider report from 2010 found there was around $2.4 trillion in… Read More »5 Debt Recovery Tips to Get the Payment You Deserve
To improve cash flow, simply put, means to ensure that more money comes into your business than goes out. It’s simple as a concept but trickier when it comes to execution. The tricky part — and why it can be difficult to improve cash flow if you have the wrong… Read More »5 Steps to Improve Cash Flow for Your Business