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This Credit Risk is Threatening Your Business

Companies establish credit policies for good reasons.  Unless you are doing credit card sales (and there’s even some risk there) you are sending product or services to someone that has promised to pay you.  You are, in effect, loaning them money.  You are acting as their bank.  So, just like a bank, it’s reasonable for you to establish terms and conditions around the money that you’re

Feb 07 2021
Apr 09 2016

Loaning Money to Your Customers

One summer, a young girl set up a lemonade stand at the end of her driveway. After several weeks, she

Feb 12 2016

Don’t Sign That Check – Yet!!

A small business owner arrives at the office to find a pile of checks on his desk awaiting his signature.

Jan 11 2016

How Do You Measure Up?

Each business is unique. This is especially true with small businesses, many of which have developed their own special processes

Dec 07 2015

The Cash Gap

How Big is Your Gap? Like many professionals, I try to leave my work at the office to make my

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