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Debt Collection Mistakes Can Prove Costly

Your Virtual Credit Manager

Photo by krakenimages on Unsplash ) For these reasons, you need to have a credit policy that balances your credit analysis efforts with your collection efforts. The other reason you should require a credit agreement or contracts that stipulate selling terms and conditions is that these also inform your customer of your payment expectations.

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Without These 3 Vital Policies, Your E-Commerce Business Could Be in Danger

Fundera

We’re talking about website policies. To start, every website needs a Terms of Service, which includes a Privacy Policy. Plus, if there are items for purchase through the website, the business should also have a Returns Policy. Here are the 3 website policies you’ll need for your e-commerce store: 1.

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Banking Computer-Security Incident Notification Requirements Take Effect

Abrigo

For these purposes, a financial institution includes a national or state bank, a savings association, an Edge or agreement corporation, a U.S. To learn more, please visit us at: Mayer Brown: Cybersecurity & Data Privacy. The notification requirements impose obligations on financial institutions and their service providers.

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The Ultimate Startup Legal Checklist: 16 Issues You Need to Resolve

Fundera

Sign written agreements between all owners of the business. If you form a corporation, you need a proper shareholder agreement and articles of incorporation. You also need designated legal counsel to make sure the agreements and articles are sound. Establish a privacy policy. Follow email regulations.

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The Legal To-Do List Every Business Owner Needs to Memorize

Fundera

Put together a founders’ agreement. Can’t find a founders’ agreement? A founders’ agreement will protect all parties involved by spelling out all the complex parts before any issues arise. An agreement won’t foreshadow impending doom—it’s just there to protect you and your business if everything doesn’t go according to plan.

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4 Ways Your Privacy Policy Could Compromise Your Business

Fundera

Well-drafted privacy policies that work in tandem with your website and product terms of service can help accomplish this if you collect data from your customers online. Borrowing privacy policy language from other companies’ websites, however, isn’t the best route to accomplishing this. .

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We’re Updating Our Usage Policies!

Fundera

Effective December 17th, 2015, we’re updating our Terms of Service , Privacy Policy , and Secure Application Service Agreement. We’re updating our terms with clear language on privacy and security implications accordingly. The post We’re Updating Our Usage Policies! Call Recording. Thanks so much!