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Focused On Debt Collections In Aventura Since 1995
Most business owners don’t like the idea of garnishing a customer’s wages because they owe them money. However, it may end up being the best option. The law recognizes that wage garnishment can be financially debilitating. That’s why it has to be ordered by a court...
Managing a business involves balancing a myriad of moving parts, and one key aspect of this is maintaining a healthy cash flow. However, when a customer fails to pay, you may find yourself in the often delicate situation of debt collection, which can be particularly...
Here is a common question from entrepreneurs planning to open a startup. I’m not open yet, so why would I need a debt collection plan? Unfortunately, unpaid debt can overwhelm your startup before you realize it has happened. With insufficient money coming in, you...
Although there are several options for collecting on unpaid invoices, business owners need on-time payments to keep things running smoothly. Late payments can disrupt the flow of operations, thereby compromising your business finances. You may already have a strategy...
In a perfect world, every business owner would make sales on a cash basis, but this isn’t always possible. After all, if your competitors give their customers credit terms, you may have to offer similar terms to get their business. Unfortunately, regardless of how...
When your company is dealing with past-due invoices from other companies, it is important to take a proactive and structured approach to ensure the best possible outcome. A few outstanding debts might not seem that significant right now, but your situation could...
Many businesses lend money to consumers or allow them to take credit when making purchases. However, when a consumer doesn't fulfill their obligation to make payments, then the business may take it into their hands to collect the debts owed. When collecting debts,...
An employee handbook is, without a doubt, one of the most important assets in any company. Also known as a staff manual, an employee handbook articulates and communicates the organization’s policies. But what exactly does an employee handbook contain? Here are...
Most people pay back what they owe on time, if not more quickly than an agreement they’ve made requires. After all, lengthy repayment will often mean paying more in interest and could drag down someone's credit score. Unfortunately, for every responsible credit user,...
One of the first decisions you have to make when you open a business is what type of structure you’ll use. Many people choose a sole proprietorship. This is the easiest type to start, but there are some limitations you should know about. If you’re ready to open a...
