When “good enough” isn’t – Evaluate your Accounting Processes

Most of us don’t strive for mediocrity. Most business owners go into business to provide the best possible solution to their clients but after day-to-day business operations, many are guilty of settling for average, or worse bare minimum. As the…

Starting up your own company? Here are some ideas for funding

One of the biggest struggles small business entrepreneurs face is finding funding to start or expand their business. With banks being especially cautious in lending to small businesses these days, it makes finding capital even more difficult than before. Without…

Budgeting for Growth

When it comes time for companies to plan for the future, many small business owners groan at the thought of preparing a budget. Budgets are an integral part of a business’s success. But what makes budgeting so important? Budgets not…

Looking for Financing? Check into a Line of Credit

Last week we discussed why having a line of credit is a good idea in case of an emergency, but what exactly is a line of credit? Why should you look into having a line of credit, and how do…

Bad Debt Financial loans Sub-prime Debt Consolidation Financial loans

Vexed through the many defaults and arrears that continue creating roadblocks as refusals of financial loans, many debtors occupy debt consolidation financial loans at whatever terms offered. What these debtors are not aware of is the fact that loan companies…

Business Debt Consolidation Financial Loans

Debt consolidation is definitely an option that may be considered by people in addition to companies. It’s a way of dealing with mounting financial obligations by availing financing you can use to pay back numerous financial loans. The actual principle…

Beware of Common and Costly Payroll Mistakes

Relying too heavily on your accounting software system to handle your entire payroll could be costly. There are great payroll software packages out there that can handle the job with ease. However, without understanding basic payroll functions you could find…

Chapter 16. Debt recovery through the legal system

Some of the methods that people have used to avoid their debts, which I outline in this book are fraudulent (sic) and could have given rise to criminal charges, had they either been reported, caught or found. Other methods are…

Where Is the Equity and Where Is the Morality?

Within the past couple of years, I wrote a column bemoaning the fact that bankruptcy practice had slowed to a crawl. Very few cases were being filed, mostly because of the enactments by BAPCPA. But, business was good, home equity…

Debt Recovery: An International Perspective

Just as businesses and business dealings have gone global, so have bad debts. The debtor and creditor are no longer necessarily in the same country. This article will focus on questions people may ask with respect to debt recovery in…