Sat.Mar 16, 2024 - Fri.Mar 22, 2024

article thumbnail

Keeping Rural Healthcare Afloat: Midwestern Financial Struggles

RevCycle

The idyllic landscapes and tight-knit communities of the Great Lakes region mask a growing concern – the financial struggles of rural healthcare. These facilities, often the sole source of medical care for miles around, face unique challenges in maintaining financial margins and collecting patient revenue. This article explores the financial struggles of rural healthcare in the Great Lakes region and proposes solutions, including implementing flexible payment policies, up-front collections, and

article thumbnail

What Triggers Your Collection Efforts?

Your Virtual Credit Manager

If all your customers paid promptly — by the time the invoice was due — you would not need to do any collection work. Collections is a reactive process. The amount of collection activity with which you are tasked is directly proportional to your customers’ payment habits. (Photo by Austin Chan on Unsplash ) For most trade creditors (B2B organizations selling on open terms), the collection process is triggered shortly after a customer’s account becomes past-due.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Understanding the art of goodbyes

Due

In the vast landscape of human interaction, one experience binds us together, regardless of our cultural, linguistic, or geographical differences. It’s the act of saying goodbye. This simple yet profound ritual marks the end of an encounter, a conversation, or a relationship. This remarkable encounter we participate in regularly takes place everywhere, whether you are in a finance meeting or with your kids at the park.

109
109
article thumbnail

Best States for Women Small Business Owners in 2024

Lendio

The number of small businesses has been increasing in the United States over the past several years. Last year, the White House announced that more than 10 million small businesses were created in 2021 and 2022. Along with its growth in the total number of businesses, the U.S. is also seeing growth in the number of women-owned businesses in the country.

article thumbnail

The value of fair value: Credit union merger accounting requires a strong partner

Abrigo

Find the right support for your credit union merger Consider the benefits of a third-party fair value specialist to smooth the credit union merger accounting process. You might also like this webinar, "Valuation and purchase accounting: Navigating the changing M&A landscape." Watch NOW Takeaway 1 Fair value specialists bring expertise to ensure accuracy, transparency, and adherence to accounting and regulatory standards during the merger process.

article thumbnail

A Small Business Guide to Building Out a Chart of Accounts in QBO

Accounting Department

QuickBooks Online makes a chart of accounts accessible, but it's up to you to tailor it to your business's unique structure and financial tracking needs.

More Trending

article thumbnail

5 Quotes By Confucius On Running A Small Business

Lendio

Chinese culture is known for many things. Not only are they know for their business sense, but for their philosophy as well. So it’s no wonder that one of their most popular philosophers, Confucius, has a number of quotes related to running a business. Here are 5 of the best quotes by Confucius on running your small business: Perseverance “It does not matter how slowly you go so long as you do not stop.

article thumbnail

Aryza Strengthens Legal & Insolvency Division with Key Appointments

Collenda

Aryza Strengthens Legal & Insolvency Division with Key Appointments Aryza Group, a leading provider of financial software solutions, has announced significant advancements within its Legal & Insolvency division with the appointment of three key leaders to strategic roles. Elliott Green assumes the role of Head of UK, Legal & Insolvency, taking on full responsibility for the division’s UK profit and loss management.

69
article thumbnail

Maximizing Financial Operations with Outsourced FP&A

Accounting Department

This comprehensive guide illuminates the value proposition that outsourcing Financial Planning and Analysis can offer to small and medium-sized businesses.

article thumbnail

Exploring the importance of originality

Due

In a world where imitation is often seen as the highest form of flattery, the question “Am I original?” is one that resonates with many. This question is not just a mere reflection of self-doubt but a profound inquiry into the essence of one’s identity and authenticity. This article delves into originality, its importance, and how it shapes our personal and professional lives.

105
105
article thumbnail

Court Opinion Review: Yellow, Terraform and McDermott International

Reorg Blog

This Court Opinion Review considers the dispute over who will resolve the Yellow pension claims, objections to an unusual retainer arrangement in Terraform and some dry wit from a U.K. judge in McDermott International.

64
article thumbnail

A Guide to Effective Budgeting and Forecasting for Small Businesses

biz2credit

In this article: Why your business needs budgeting and forecasting A comprehensive guide to effective budgeting and forecasting for your business Effective budgeting and forecasting for a sustainable business If you find yourself staring at your books, scratching your head, and wondering where all your hard-earned capital went, it’s more than just a moment of … Continue reading "A Guide to Effective Budgeting and Forecasting for Small Businesses" The post A Guide to Effective Budgeti

article thumbnail

Measure business performance and make more money

blue dot counseling

Whether you're scoring a Test Match or running a business gathering and recording data accurately and completely is the foundation for useful information. The post Measure business performance and make more money appeared first on Blue Dot Consulting.

59
article thumbnail

Decoding the S&P 500’s current standing

Due

The S&P 500, a stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States, is currently trading at all-time highs. This has led to a common perception that stocks are super expensive. However, it’s crucial to understand that not all stocks are costly, and there are still opportunities for investors to uncover value in the market.

105
105
article thumbnail

Banks in Discussions for Onshore Syndicated Loan to Help Vanke

Reorg Blog

A group of Chinese state-owned and joint-stock commercial banks are discussing an onshore syndicated loan for China Vanke Co. Ltd. to help the developer address its liquidity needs, after regulators in Beijing met with the lenders last week asking them to enhance financing support.

59
article thumbnail

Spring Cleaning for Small Businesses: Tips to freshen your finances, strategy and more

biz2credit

In this article, we cover: 1. Start With the Basics 2. Review Your Books and Bring them up to date 3. Dust off Your Marketing Strategy 4. Refresh Your Online Presence 5. Evaluate Your Technology Stack 6. Assess Your Inventory and Suppliers 7. Invest in Professional Development “Spring Cleaning” Your Way to Business Growth There’s … Continue reading "Spring Cleaning for Small Businesses: Tips to freshen your finances, strategy and more" The post Spring Cleaning for Small Businesses: Tips to

article thumbnail

Introducing Call recording: How and why to record debtor phone calls

Chaser

You can now record your debtor phone calls in Chaser. Easily keep track of payment conversations with your customers and ensure you never forget a detail again.

59
article thumbnail

Retirement Planning for Single Parents: Securing Your Financial Future

Due

These days, single parents in the U.S. find it quite stressful to balance preparing for retirement with the responsibilities of raising kids. Yet, making practical retirement plans can alleviate some of this pressure. Proper retirement planning can pave the way for a future that benefits both you and your family while also providing a sense of reassurance as you progress forward.

article thumbnail

Gemdale in Talks to Sell Projects in Xi’an to Potential Central SOE Buyers

Reorg Blog

Gemdale Group is planning to sell certain projects in Xi’an with potential buyers lined up including central state-owned enterprises such as China Overseas Holdings and China Resources Group.

59
article thumbnail

QuickBooks training in Richmond

blue dot counseling

Whether you're on your own, early-stage or an established business, we'll help you make the most out of your investment in QuickBooks. The post QuickBooks training in Richmond appeared first on Blue Dot Consulting.

52
article thumbnail

2024 Woman-Owned Business Statistics

Lendio

For decades now, it’s been a game of catch-up for women in business—and they’ve gained a lot of ground. From 2019 to 2023, the number of new women-owned businesses grew at nearly double the rate of businesses owned by men. But the struggle is far from over. The statistics on women-owned businesses below highlight just how far women have come and the disparities we’ve yet to overcome.

article thumbnail

NVIDIA’s annual AI conference impact

Due

In the fast-paced world of technology and finance, few events stir as much anticipation and speculation as the annual conference of a tech giant. This week, the spotlight is on NVIDIA, the renowned American multinational technology company. The market is buzzing with predictions, with many speculating that NVIDIA’s stock will either skyrocket or plummet by a staggering 10% by week’s end.

103
103
article thumbnail

EchoStar’s AWS-3 Licenses Might Provide Path to New Money

Reorg Blog

In light of EchoStar Chairman Charlie Ergen’s increased exposure to the legacy DISH Network Corp.’s, or DNC’s, operations and assets, we believe that DNC’s expected first-quarter cash burn will be funded via intercompany loans from EchoStar Corp.

59
article thumbnail

Xero training in Putney

blue dot counseling

Our Xero training for businesses in Putney is customised to make sure Xero fits your business like a glove. The post Xero training in Putney appeared first on Blue Dot Consulting.

52
article thumbnail

Shopify vs Amazon: Which is Best for Ecommerce Sellers?

NorthOne

The world of e-commerce is booming, with more entrepreneurs than ever launching their online businesses. But choosing the right platform to build your online store can be overwhelming. Two popular. The post Shopify vs Amazon: Which is Best for Ecommerce Sellers? appeared first on NorthOne Blog.

52
article thumbnail

Delayed Dollars: The Impact of Late Payments on Growing Oil & Gas Companies

FundThrough

The North American oil and gas sector is on the brink of significant growth, with forecasts showing an increase in activity and investments, marking a period of opportunity. Goldman Sachs Research highlights a 25% increase in major projects since 2020. Yet, despite this positive outlook, small oil and gas companies are encountering a range of critical […] The post Delayed Dollars: The Impact of Late Payments on Growing Oil & Gas Companies appeared first on FundThrough.

52
article thumbnail

Altice France 2027 Senior Notes Drop 20 Points

Reorg Blog

Altice France’s 8% 2027 senior notes dropped about 20 points today after management said on the group’s earnings call that it intends to hold back disposal proceeds until it is able to assess all options that can be taken to accomplish its new deleveraging target. A change of tone from controlling shareholder Patrick Drahi’s confident deleveraging commitment last August.

59
article thumbnail

Alternative investments in a high-priced market

Due

In the current financial climate, stocks are expensive. The S&P 500, a stock market index measuring the stock performance of 500 large companies listed on stock exchanges in the United States, is trading at 20.5 times earnings. This places it in the top 10 percentile of the most expensive stocks ever. Historically, when the S&P 500 has been priced at this level, it has averaged a mere 4% return over the next five years.

52
article thumbnail

The role of customer education in preventing late payments

Chaser

In the unpredictable world of business, cash flow management stands as the sturdy compass that navigates a company's financial destiny. Data shows that late payments are a growing problem for businesses worldwide. They've become a constant issue, not just a once-in-a-while problem. This affects how companies operate, make money, and have the chance to create new things and grow.

article thumbnail

Debt Awareness Week: Navigating the Complexities of Debt to Achieve Financial Well-being 

Collenda

Debt Awareness Week: Navigating the Complexities of Debt to Achieve Financial Well-being Debt challenges surpass mere financial implications, often impacting individuals’ mental health and straining interpersonal relationships. While certain events like job loss can precipitate financial strain, the ongoing cost-of-living crisis has exacerbated the prevalence of debt.

article thumbnail

Legal Analysis: US Court Rules Underlying Beneficial Holder Has Standing to Bring Collection Suit Against Defaulted USD Note Issuer Glory Health Via Euroclear Operating Procedures; Circumvents Trustee Instruction

Reorg Blog

The post Legal Analysis: US Court Rules Underlying Beneficial Holder Has Standing to Bring Collection Suit Against Defaulted USD Note Issuer Glory Health Via Euroclear Operating Procedures; Circumvents Trustee Instruction appeared first on Reorg.

Default 59