credit

When it comes to the world of business, bad debt can be a major issue. It’s important to understand what bad debt is, how it can affect a business, and what can be done to mitigate it. Is bad debt an asset or liability?

Giving your customers credit is like lending them cash. Internal control should include credit policy and processes just like it covers how cash is handled.

A  business has many obstacles during its first year, and making costly financial mistakes is often inevitable. Unlike large companies, small businesses may not have the assets to rebound from such mistakes.  What are the biggest financial mistakes small businesses make?

Businesses can benefit from having business credit. It can help business owners get access to funding, improve their business credit score, and build their business’s reputation. Can you get business credit with poor personal credit?

Business policies define your governance model for your organization. Weak companies have weak governance models. So what business policies do you need?

For a start-up company, financial strategies for business are important to cover a lot of expenses and to give you enough resources to keep on moving forward as you start generating profit–and here is where start-up business loans come in. From your working capital, inventory, to real estate and equipment, sometimes your funds on hand […]

What embezzlement techniques are considered the most common embezzlement schemes used by embezzlers?

A business credit score is an indicator of your overall business financial health. It lets lenders and suppliers know you can pay your debts, and is a useful tool for cementing a reliable reputation.  But it is your credit policy that protects your business cash. Why is a business credit score important?