Sat.Mar 23, 2024 - Fri.Mar 29, 2024

article thumbnail

Are You Secure?

Credit Research Foundation

The sounds of market risk continue to be played through many channels of communication, and the credit professional needs to manage and mitigate these threats to protect the organization’s major asset – its accounts receivable. So, the question is: What are credit professionals doing about it? The folks from NCS Credit, Jerry Bailey and Alec Papesch, shared their view of both the current economic landscape and the finer points of utilizing UCC filings and Mechanics Liens to secure your accounts

article thumbnail

Embracing the unknown: understanding faith

Due

In life’s grand adventure, pivotal moments demand we step beyond the familiar confines of our comfort zones. These are the instances when we’re summoned to leap of faith. Here, faith isn’t a religious notion — but a universal principle that surpasses all limitations. Understanding the leap of faith It’s the belief in the unseen, the conviction in the unknown, and the trust in life’s process.

111
111
Insiders

Sign Up for our Newsletter

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

article thumbnail

Is Your Small Business Profit Margin Good?

Lendio

Quick—when was the last time you calculated your business’s profit margin? If you answered “Last week,” excellent! And if you don’t remember, you’re probably way overdue. But were your numbers good or bad? Every company is unique, so the yardstick you measure your profit margins against isn’t the same one your neighbor uses. What’s considered a “good” range varies across industries—restaurants average a slim 6–8 %, whereas the advertising and public relations industry averages

article thumbnail

Streamlining Financial Processes: The Impact of Client Accounting Services on Efficiency

Accounting Department

Efficient financial processes are essential for the success and growth of any business. However, managing tasks like invoicing, payroll management, and financial reporting can be time-consuming and complex, diverting valuable resources from core operations. This is where client accounting services come into play. In this blog post, we will explore how client accounting services (CAS) streamline financial processes for businesses, highlighting the benefits of outsourcing accounting functions to i

article thumbnail

Get Paid Faster With These Six Credit Management Tricks

Credit Management Group UK

Getting paid on time is an ideal situation for any business that offers credit to their customers; but unfortunately this is not the case for many businesses throughout the UK. Late payment can, at times, be done in all innocence but others will provide spurious excuses as to why you have not received payment, or just completely ignore you. Late payment from customers may seem like it is unavoidable, and it will be at times, but using small, simple tricks can make a massive difference.

article thumbnail

The Two Investments That Made Me a Multi-Millionaire (And You Can Make it Too!)

Due

I am often asked about my journey as a financial educator who aims to help people build wealth outside of the traditional system. Specifically, what were the critical decisions that led me to this point? Success doesn’t follow a one-size-fits-all formula. I can, however, say that two crucial investments led me to becoming a multimillionaire. One is pretty common, and one may surprise you.

More Trending

article thumbnail

Social Media Strategies for Business Growth in the Digital World | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 15 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

102
102
article thumbnail

How to Manage Customer Expectations and Build Lasting Relationships

biz2credit

In this article: What are customer expectations? Types of expectations customers have Effective strategies for managing customer expectations Meet and exceed your customers’ expectations effortlessly Customers have a set of expectations they bring to the brands they engage with. It may be the anticipation of prompt service, the quality of the products, or even a … Continue reading "How to Manage Customer Expectations and Build Lasting Relationships" The post How to Manage Customer Expectat

59
article thumbnail

Oxfam’s latest research says corporate America is fueling inequality

Due

In a recently released research document, Oxfam stated that major United States companies contribute to global inequality. The charity said, “The largest US corporations have been driving the inequality crisis, actively concentrating power and money in the hands of wealthy CEOs and shareholders while limiting the power of workers, influencing our politics, avoiding taxes, and accelerating climate change.

105
105
article thumbnail

Switching accountant – you can kiss a lot of frogs

blue dot counseling

A bad accountant is like a KGB sleeper agent. Causes a lot of trouble and you don't know about it until it's too late! The post Switching accountant – you can kiss a lot of frogs appeared first on Blue Dot Consulting.

59
article thumbnail

Mastering Cash Reconciliation: Process, Best Practices, and Automation Tips

Accounting Department

Balancing the books in any retail enterprise can be a nerve-wracking task. For small business owners and retail managers, ensuring that cash in the register matches the sales receipts is not just about maintaining financial accuracy – it's the linchpin of trust in your business and a crucial safeguard against fraud or operational errors. This comprehensive guide takes you through the intricate yet critical process of cash reconciliation, offering you a clear path to financial vigilance, operatio

article thumbnail

A Definitive Guide to Funding Your eCommerce Business

biz2credit

In this article: How the eCommerce business model works Debt financing options for eCommerce businesses Alternative financing options for eCommerce businesses Equity financing options for eCommerce businesses How Biz2Credit helps eCommerce brands get funding The eCommerce industry has seen unprecedented growth over the last few years. And as experienced during the COVID-19 pandemic, more … Continue reading "A Definitive Guide to Funding Your eCommerce Business" The post A Definitiv

59
article thumbnail

Fisker’s financial future takes a spin after automaker pulls out of share talks

Due

Fisker, the California-based automotive electric vehicle (EV) start-up, has encountered a twist in its finance share saga. An unnamed automotive company has stepped out of major share talks, leaving the company’s future unknown. Fisker’s share talks collapse Fisker’s Newsroom released a statement last week , stating the company “is in continuing negotiations with a large automaker for a potential transaction to develop EV platforms and to manufacture in the US.

article thumbnail

Will Altice France’s Shareholder, Drahi, Risk Losing Equity

Reorg Blog

Altice France could use the relatively new French restructuring tools to implement a debt impairment to its capital structure if a consensual deal cannot be reached, however, features of the Accelerated Safeguard (AS) process mean that majority shareholder Patrick Drahi could risk losing his equity stake.

59
article thumbnail

Is accounts receivable a debit or credit? (Explanation and examples)

Plooto

Understanding accounts receivable (AR) is crucial for your company's finances. Efficiently managing your AR can help you manage your cash flow and ensure you don't lose out on cash.

article thumbnail

Tax relief is fine – but don’t put the tax cart before the business horse

blue dot counseling

It also reminded me that it can be daft to make decisions primarily for tax reasons. Putting the tax cart in front of the business horse is the wrong way to run a business. The post Tax relief is fine – but don’t put the tax cart before the business horse appeared first on Blue Dot Consulting.

52
article thumbnail

The 15 Best Books on Tax Planning

Due

Taxes. Even the most organized of individuals feel shivers when they hear the word. However, if you have the proper knowledge and guidance, you can navigate the complexities of tax planning smoothly and effectively. This blog post reviews the top 15 books on tax planning to help you optimize your tax situation, minimize your tax burden, and achieve your financial goals.

article thumbnail

H&H’s 7.5% CNH Bond Pricing Slightly Below Swapped Due’26s

Reorg Blog

HKEX-listed nutrition and supplements company Health & Happiness (H&H) International Holdings Ltd., or H&H, announced a pricing of 7.5% for its CNH 500 mn ($70 mn) bond due 2027, or CNH 500M Due’27s.

59
article thumbnail

How does accounts payable affect cash flow? What to know

Plooto

Your accounts payable and cash flow are closely intertwined. As you pay off your accounts payable or increase your accounts payable with credit purchases, your cash flow is being affected.

52
article thumbnail

What Are KPIs?

Lendio

Key performance indicators (KPIs) are data that measure how effectively a business is progressing towards a strategic business objective. These measurements can reveal how well teams or the business as a whole are performing over a specific time period. The late Peter Drucker—father of modern management—once said that “[i]f you can’t measure it, you can’t improve it.

article thumbnail

Do You Need Credit Even After You Retire?

Due

After decades of work, you may be ready to put your credit profile to rest. Who needs credit after they retire? You do—you need credit even after you retire. There are multiple reasons, and we will discuss them right here. Why Credit is Important, Ever For starters, let us go back a couple of years (not much more than that, right?) to your teenage years.

article thumbnail

Covenant Analysis: Altice France Has Significant Investment Capacity to Designate Unrestricted Subsidiaries; Sale Proceeds of Such Unrestricted Subsidiaries Not Subject to Bond Covenants

Reorg Blog

The post Covenant Analysis: Altice France Has Significant Investment Capacity to Designate Unrestricted Subsidiaries; Sale Proceeds of Such Unrestricted Subsidiaries Not Subject to Bond Covenants appeared first on Reorg.

59
article thumbnail

Is accounts payable a debit or a credit? Explained simply

Plooto

Understanding the role and purpose of accounts payable (AP) is crucial for your company's financial health. Efficiently managing your AP can help you stay on top of payments and have better control of your cash flow.

52
article thumbnail

Invoice dispute management: How to protect your receivables | Chaser

Chaser

Disputes in accounts receivable processes pose significant challenges for businesses. They consume valuable time, impact financial performance, and tarnish customer experiences. With 55% of AR professionals citing dispute management as their toughest task , it's evident that effective dispute resolution is crucial for maintaining financial health and customer satisfaction.

article thumbnail

Decoding Buddha’s Concept of Enlightenment

Due

The Buddha, a revered spiritual figure, once proclaimed that enlightenment is the end of suffering. This profound statement has been a source of intrigue and contemplation for many, leading to many interpretations and questions. What does it mean to be enlightened? Does it imply a life devoid of pain, trials, or tragedy? Does it mean the universe will conspire in your favor while others who are not enlightened face adversity?

98
article thumbnail

Sector Insights: Anywhere Real Estate, Zillow, Redfin

Reorg Blog

Sector Insights: RE/MAX Holdings Inc., Anywhere Real Estate, Zillow Group, Redfin Corp., Real Estate Broker Antitrust Litigation.

64
article thumbnail

Accounts receivable turnover ratio: Definition, formula & examples

Plooto

The accounts receivable turnover ratio can be a helpful metric in determining the efficiency of your accounts receivable (AR) processes. The AR turnover ratio measures the number of times debts are collected from customers over a specified period.

article thumbnail

Did you know that a business can be wound up “in the public interest” ?

Cpcmcredit Blog

You learn something every day… “The process by which a company is wound up in the public interest rather than because it is insolvent. A petition for a company to be wound up in the public interest may be presented by the Secretary of State if he considers that it would be expedient in the public interest for the company to be wound up. The applicable test for the court is whether it would be just and equitable to wind up the company.

52
article thumbnail

Understanding and overcoming judgment fear

Due

One of the most profound regrets that individuals express at the end of their lives is not having had the courage to live the life they truly desired rather than the life others expected of them. This regret is a poignant reminder of the power of societal expectations and the fear of judgment in shaping our lives. It raises a critical question: why would someone spend their entire life not living for themselves?

97
article thumbnail

Hilong Selects Admiralty Harbour for Bond Extension Talks

Reorg Blog

Hilong Holding has selected Admiralty Harbour to advise on a further extension of offshore debt maturities, including outstanding restructured $314 million, 9.75% due Nov. 18 notes, according to two sources familiar with the matter.

52
article thumbnail

6 steps to maximize and secure your tech tack

Plooto

In today's rapidly evolving digital landscape, new technology is helping even the smallest businesses play big. But without an internal team to help narrow down the many options, it might be a challenge to understand what’s available, how integration with your current systems will work, and how your chosen solution provides security for you and your customers.

52