2008 Bankruptcy Credit Risk Small Businesses 
Your Virtual Credit Manager
FEBRUARY 13, 2024
Historically, business failures increase after a recession. After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Department of Justice projects a substantial increase in bankruptcy filings. Here’s more on setting credit limits.
Your Virtual Credit Manager
MARCH 21, 2023
The point is: receivables are an investment that needs to be managed with regard to the inherent risks associated with AR. Failure to deal with those risks is not investing, or managing, but rather simply gambling. Please feel free to share this newsletter with your small business customers.
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