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Nov 21 2023 11, 2023

7 Areas Your Business Could Cut Costs to Save Money in 2024

By |November 21st, 2023|Blog|Comments Off on 7 Areas Your Business Could Cut Costs to Save Money in 2024

With the global pandemic in our rearview mirror and an upcoming election here in the United States, 2024 should be an opportunity to post record numbers for businesses of all shapes and sizes across the country. However, things aren’t as positive as we might like to see closing out 2023. Regardless of the shape your [...]

Nov 17 2023 11, 2023

5 Reasons to Partner With a Commercial Debt Collection Agency to Handle Your Collections

By |November 17th, 2023|Blog|Comments Off on 5 Reasons to Partner With a Commercial Debt Collection Agency to Handle Your Collections

Operating a small business can be overwhelming, even on the best days. Unfortunately, the best days have been few and far between for most businesses across the country over these past few years. Between economic fears limiting consumer spending and rising costs leading to shrinking margins, almost everyone feels the pinch today. That means every [...]

Nov 16 2023 11, 2023

Six Easy Ways to Trim Your Budget and Get Out of Debt in 2023

By |November 16th, 2023|Blog|Comments Off on Six Easy Ways to Trim Your Budget and Get Out of Debt in 2023

Rising interest rates are putting a strain on consumer finances across the country, and no one is sure whether inflation has finally calmed down or not. Whatever you think about economic policy, there is no denying that we’re all struggling to adjust right now. While conditions are certainly not ideal, getting ahead is still possible, [...]

Sep 20 2023 09, 2023

Avoiding Time-Barred Debt: Six Tips to Make Sure You Stay On Top of Your Collections

By |September 20th, 2023|Blog|Comments Off on Avoiding Time-Barred Debt: Six Tips to Make Sure You Stay On Top of Your Collections

Once an outstanding debt reaches time-barred status and is no longer collectible, there is little that a creditor can do to recover the amount owed, so the best approach to handling time-barred debt is to avoid getting to that point in the first place. If you want to ensure that your outstanding balance doesn’t fall [...]

Sep 17 2023 09, 2023

Four Reasons Why Improving Your Debt Collection Rate is the Best Way to Increase Cash Flow

By |September 17th, 2023|Blog|Comments Off on Four Reasons Why Improving Your Debt Collection Rate is the Best Way to Increase Cash Flow

Cash flow is commonly said to be the lifeblood of any good business, so it only makes sense that the best companies would want to do everything in their power to increase cash flow. Improving the debt collection rate is one of the easiest ways to increase cash flow for any company extending credit to [...]

Sep 15 2023 09, 2023

Emergency Fund: How Much Does Your Small Business Need to Survive the Threat of Outstanding Collections?

By |September 15th, 2023|Blog|Comments Off on Emergency Fund: How Much Does Your Small Business Need to Survive the Threat of Outstanding Collections?

An emergency fund is typically defined as a cash reserve set aside for unforeseen expenses or financial emergencies, and having one in place can help even the most substantial companies survive the tough times that inevitably come for all of us. Emergency funds are especially important for small businesses that operate with the additional risk [...]

Sep 14 2023 09, 2023

5 Lessons Debt Collectors Can Learn From Watching The Bear

By |September 14th, 2023|Blog|Comments Off on 5 Lessons Debt Collectors Can Learn From Watching The Bear

As one of the most popular shows of 2023, The Bear has been streaming in millions of homes nationwide, giving regular people an inside look at the tortured souls in the restaurant industry. While the show has been getting critical acclaim for its accurate portrayal of the sometimes ups but mostly downs of running a [...]

Apr 24 2023 04, 2023

Updates on the Student Debt Relief for Californians

By |April 24th, 2023|Blog|Comments Off on Updates on the Student Debt Relief for Californians

Overwhelming student debt has quickly become one of the most significant problems plaguing the next generation of young people and simultaneously holding back the overall economy. The pandemic pause has given many American struggling with student loan debt a reprieve. Still, with those breaks set to expire in August, things could get difficult once [...]

Apr 18 2023 04, 2023

Commercial Debt Collection for Businesses – 2023 Guide

By |April 18th, 2023|Blog|Comments Off on Commercial Debt Collection for Businesses – 2023 Guide

Taking on debt is one of the most common ways to fuel a rapidly growing small business. But that debt can quickly become an anchor weighing down the entire company if growth sputters, and the resulting collections can be even more problematic than the debt in the first place. If your business regularly offers [...]

Apr 17 2023 04, 2023

Bankruptcy Guide for California – 2023

By |April 17th, 2023|Blog|Comments Off on Bankruptcy Guide for California – 2023

If you're drowning in debt, you might feel like you are all alone with no way out. However, the exact opposite is actually true. California has one of the highest bankruptcy rates in the country, but the majority of consumers here still need to learn more about the process involved to make informed decisions [...]