When starting a new business, many entrepreneurs specifically create limited liability companies (LLCs) to shield themselves from personal financial risks. They do not want to be financially responsible for the business's debts or leave their assets at risk if someone...
Month: December 2023
The major benefit of wage garnishment
When someone isn’t paying what they owe, there are certain steps that can be taken to try to reclaim that debt. In some cases, it is as simple as notifying them that the amount is still due, as they may have forgotten. But in many cases, you have to take much more...
5 ways to create urgency for past-due billing
Debt collection is usually one of the least desirable jobs small business owners have to engage in. Unfortunately, collecting invoices that are due is critical for companies that need to maintain a steady financial backing to keep operating. Dealing with customers who...