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Importance of Signing an Operating Agreement for Your LLC

Fraser

So, you and your little sister, Rachel, finally started that mitten-shaped decorative soap business you’ve always talked about – Nice! You forgot to agree on the rules for running your business, the rules for how you and your sister will make the “big” decisions for your new company.

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Start Accepting Online Payments for your Medical Practice

Nexa Collect

For those health care practitioners who want to reap the benefits of automating their account receivable (AR) processes, we offer here a few tips on how to make this transition from paper invoices and bills to streamlined digital AR functions and operations. Where to start. For a medical practice, HIPAA remains the overarching law.

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Survey shows 1 in 2 Small Businesses struggling with late payments

UK debt collections

The latest survey and research undertaken the the Federation of Small Businesses shows late payment is worse than ever. A survey of 1,300 Small Businesses and sole traders showed that half of SME’s are dealing with late payment for the quarter April to June 2022. Institute of Directors poll predicts bleak outlook.

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From Checks to B2B ACH: The Digital Shift

PDC Flow

By eliminating the hurdles of traditional payment methods, business-to-business Automated Clearing House (B2B ACH) payments create a swift, secure way to navigate modern business operations. Why Business to Business ACH Transactions? As a result, both payers and payees experience quicker access to funds.

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Luxury Candle maker goes bust with huge unpaid business debts

UK debt collections

A luxury candle and diffuser maker who supplied the likes of Harrods has gone bust due unpaid business debts. A spokesperson for Luxus Home Fragrance said the business had a very good 2021 with a £1.8m It was even decided the business needed larger premises and it moved at the end of 2021. Many Businesses owed money.

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Cost Optimization for Healthcare Clinics

Nexa Collect

When a business implements a cost-optimization plan, there are a few key areas that need careful consideration: cost and pricing evaluation, process and service optimization, and streamlining of system operations. Like any business, healthcare clinics will have a wide range of expenses that owners need to cover.

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How to Use QR Code Payments for Your Business

PDC Flow

They help people look at restaurant menus, access corporate websites, or even make purchases. Many businesses have started to adopt QR codes to make paying easier for their customers. Since the pandemic began, QR code payment usage has climbed, giving people a simple, fast way to access information or take action.