Jimerson Firm

MARCH 26, 2024

In the complex and fast-paced world of business mergers and acquisitions (M&A), the creation of a comprehensive closing checklist is crucial. Tip #2: Outline Key Milestones and Deadlines An effective M&A closing checklist should clearly outline all critical milestones and associated deadlines from start to finish.

Acquisition 59

Acquisition Financial Institution 59

American Profit Recovery

MAY 28, 2021

You can further lay out expectations and set the tone for how your business will operate by requesting your fees upfront at the beginning of your relationship. For example, when you are signing an agreement with a new client, place in writing that you expect some type of payment when the contract is signed.

Collection Agencies 244

Collection Agencies Collections Agency Law Firms Collections 244

The Kaplan Group

NOVEMBER 7, 2023

The number of women-owned businesses in the U.S. While these stats are impressive, most businesses will need outside funding at some point. If you’re a woman looking to start or expand your company, you may find this list of resources a great place to start. is growing. The latest Census data counted over 1.1

Loans 52

Loans Lender Banks Collateral 52

Nerd Wallet

JUNE 22, 2021

Putting together the right team when you’re starting and growing a small business can be a daunting task—it involves trust, time, and intuition. The article Hiring Contract vs. Full-Time Workers: Which Is Better for Your Business? Meredith Turits writes for NerdWallet. Meredith Turits writes for NerdWallet.

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PDC Flow

JANUARY 12, 2024

Creating a compliance system that includes effective root cause analysis for isolating and addressing problems can boost efficiency and morale, making your business more attractive to new clients. So where should you start? But, she didn’t always have such a strong compliance management system. It may even cause them to leave.

Collection Agencies 70

Collection Agencies Collections Agency Collections Education 70

Fraser

SEPTEMBER 22, 2022

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.

Startups 67

Startups Acquisition Lawyers Banks 67

PDC Flow

APRIL 4, 2023

Reviewing the billing tactics and tools your business uses will: Save money through more efficient processes Save staff time following up on unpaid invoices Increase customer satisfaction Here are some billing process examples, the workflows they’re best for, and general best practices of invoicing and billing. What is a Credit Policy?

Manufacturing 72

Manufacturing Healthcare Collections Loans 72

Nexa Collect

AUGUST 2, 2020

The loss does not mean the future business, but if they file for bankruptcy, then even the current outstanding AR may turn into a complete loss. The loss does not mean the future business, but if they file for bankruptcy, then even the current outstanding AR may turn into a complete loss.

Chapter 7 bankruptcy 130

Chapter 7 bankruptcy Bankruptcy Startups Creditors 130

UK debt collections

FEBRUARY 3, 2022

Data from the Insolvency Service said the amount of firms in the industry failing had risen 25% between October and November last year, with 325 businesses going bust during the period. The construction industry is the latest sector to brace itself for a spike in Insolvencies. Less than 10% were from civil engineering.

Construction 90

Construction Trade 90

PDC Flow

NOVEMBER 29, 2023

For many businesses, especially those in regulated industries, using this criteria may not lead you to the best payment software for your company. Send a contract or retainer agreement and collect a deposit or payment agreement in one simple workflow. This is because not all payment processing services are the same.

Healthcare 79

Healthcare Collections Banks 79

Jimerson Firm

JANUARY 31, 2023

In that effort to satisfy the statutory requirements, foundational contract requirements established by Florida common law risk being overlooked by less-than-diligent plaintiffs who fail to recall the fundamentals of contract litigation. Autonation, Inc. O’Brien , 347 F. 2d 1299, 1304 (S.D. 2004) (interpreting Florida law).

Trade 52

Trade Lawyers 52

PDC Flow

NOVEMBER 1, 2023

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.

Banks 78

Banks Government Financial Institution Collections 78

Jimerson Firm

FEBRUARY 20, 2024

Both the FTSA and the TCPA permit the use of automated dialing systems if the caller obtains the called party’s “prior express written consent.” Consent Checklist For a business to ensure they have systems in place that adequately obtain a called party’s consent, they should consult competent legal counsel. Furniture N., Furniture N.,

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UK debt collections

AUGUST 3, 2022

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.

Startups 59

Startups Collections 59

Jimerson Firm

AUGUST 9, 2023

Strategy #3: Invest with LLCs Limited liability companies (LLCs) are most often considered when starting a new business, but also can provide an excellent asset protection tool for making investments. Winning the lottery is undoubtedly a life-altering event.

Creditors 52

Creditors Collateral Personal Creditor Loans 52

Burr Forman

SEPTEMBER 22, 2021

Law360: “Burr & Forman Starts College Athlete NIL Resource Center”. Business transaction lawyers like me are trained in negotiating commercial contracts for clients, and we’re sensitive to protecting their personal brands and economic situations.”. If you are interested in learning more, please contact sportslaw@burr.com.

Lawyers 52

Lawyers Law Firms 52

Troutman Sanders

MARCH 11, 2024

The blog post posited that closing costs significantly impact a borrower’s financial commitment and, potentially, monthly payments and identified a “noticeable increase” in closing costs, with median total loan expenses on home purchase loans increasing by 21.8% between 2021 and 2022. For more information, click here.

Financial services 52

Financial services Garnishment Lender Banks 52

UK debt collections

JANUARY 30, 2024

One problem is that the commercial viability of a lot of today’s projects were assessed three or four years ago, with fixed price contracts often being negotiated – since then, costs have spiralled , while buyers’ appetite has taken a dive. This has led to a decrease in prices after dramatic rises for residential housing over recent years.

Construction 59

Construction Bankruptcy Debt Recovery 59

Troutman Sanders

SEPTEMBER 6, 2022

On August 31, California’s legislature ended its 2022 session without adopting legislation to extend the California Consumer Privacy Act (CCPA) employee and business-to-business (B2B) personal information exemptions. Five Steps to Start Preparing for Compliance by Year-End. History of the Exemptions. Sensitive Information.

Collections 52

Collections 52

Debt Free Colorado

OCTOBER 12, 2023

Key information needed includes the applicant’s Social Security Number, business name (if applicable), chosen bankruptcy chapter, filing fee payment method, past bankruptcy filings, home rental status, ownership of hazardous property, and completion of a credit counseling course. What Information Does a Bankruptcy Form Need?

Bankruptcy 52

Bankruptcy Collateral Chapter 13 bankruptcy Chapter 7 bankruptcy 52

UK debt collections

JANUARY 11, 2023

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.

Manufacturing 59

Manufacturing Creditors Trade Loans 59

Collection Industry News

JUNE 12, 2023

Introduction: Managing debt is an essential aspect of running a business, and effective debt collection is crucial for maintaining healthy cash flow and financial stability. Implementing proper debt collection techniques can help businesses recover outstanding payments while maintaining positive relationships with clients.

Collections 61

Collections Debt Recovery Collection Agencies Collections Agency 61

Collections Law

OCTOBER 22, 2021

We have nearly 50 years of combined experience representing businesses in debt collection. What if construction has not started? In fact, you can file a mechanic’s lien as a matter of formality as soon as you have your written contract. Can you still file a mechanic’s lien when you are not paid for your work?

Mechanic’s Liens 98

Mechanic’s Liens Commercial Collection Construction Foreclosure 98

Credit Corp

JANUARY 18, 2021

There’s no better time than now to start planning for post-COVID life, so here are our essential financial tips. Tips for Getting Your Finances Back on Track Draw Up a Budget That Fits Your Lifestyle Secure All the Incomings You Can Have a Plan for Deferred Payments Start Saving Now Tips for Businessowners.

Banks 98

Banks Government Loans 98

Nexa Collect

JULY 19, 2020

In one of our previous blogs, Using a Revenue Recovery Service to Recover debt , we discussed the risk undertaken by a business extending credit to another business, or consumer, by providing services in exchange for a promise of “due and proper consideration”. In accounting terms, this process bears the name of ‘accounts receivable’.

Accounts Receivables Management 130

Accounts Receivables Management Collection Agencies Collections Agency Creditors 130

Credit Corp

APRIL 17, 2023

From full-time to part-time to side hustling on top of your regular nine-to-five, we list out different ways to supplement your income as well as include what you need to get started and who these jobs fit best. Many or all of the products featured here are from our partners who compensate us. However, this does not influence our evaluations.

Trade 94

Trade 94

Hudson Weir

SEPTEMBER 11, 2023

Secured loans or unsecured loans are crucial for many businesses, providing the investment they need to achieve their objectives and grow. According to the British Business Bank , there was a 12.8% In total, banks provided £65.1bn in loans to small companies with more likely to have gone to larger businesses too!

Loans 52

Loans Collateral Secured Creditor Unsecured Creditor 52

Hudson Weir

JULY 15, 2021

Liquidating a company can be tough – but it is something many business owners have had to face. For tailored guidance and information specific to your business circumstances, please give us a call at your convenience to arrange a good time to talk. Let’s start with the basics. Liquidation employee entitlements.

Creditors 95

Creditors Secured Creditor Trade Banks 95

Nexa Collect

JULY 6, 2020

Having a clear, thorough, and enforceable credit policy is critical for businesses that extend trade credit to their customers. Businesses that operate within highly competitive industries may not be able to dictate stringent credit policies to their customers without losing them to competitors. How Competitive Is Your Industry?

Trade 130

Trade Collection Agencies Collections Agency Collections 130

PDC Flow

JANUARY 17, 2023

Right now, the most impactful way people are using tech in business is with digital communication. Just as with any other process shifts, you’ll need to monitor job functions and adjust your business organizational structures accordingly. New software opens the door to easier workflow processes and simpler daily tasks. Taking payments.

Collections 70

Collections 70

Jimerson Firm

JUNE 7, 2023

57b-1(a)(6)—a definition of “person” that covers nearly every feasible type of individual or entity) that hires or contracts with a worker to work for the person.” § 910.1(c). In step with their public position, the FTC proposed a new rule in January 2023 that would declare non-compete clauses an unfair method of competition.

Trade 52

Trade 52

Collections Law

DECEMBER 5, 2022

As long as an enforceable written contract is present, the construction company or subcontractor can generally file a lien against the property where they completed work. As long as an enforceable written contract is present, the construction company or subcontractor can generally file a lien against the property where they completed work.

Mechanic’s Liens 52

Mechanic’s Liens Construction Government Collections 52

NCBA Law Practice Management Blog

APRIL 3, 2023

But, if you don’t have a fee agreement clause governing your price increase, you’ll need to sign your existing clients up to a revised contract. To get started, visit Red Cave's NCBA landing page , and start running your law practice like a business. That becomes a real pain to manage, over time. Just reach out.

Law Firms 52

Law Firms Creditors Government 52

PDC Flow

NOVEMBER 9, 2021

No matter where your organization falls in the business lifecycle, managing the financial health of your company will always be crucial for success. In fact, issues with cash flow are the leading cause of business failure. In this guide, we will walk through some of the best ways to save, raise, and manage your business finances.

Loans 75

Loans Personal loans Banks Government 75

CICM

AUGUST 13, 2020

I am constantly asked how to avoid insolvency and, whilst there are a myriad of different ways depending upon the circumstances of the business, it often boils down to: Don’t run out of cash. We can then plug these into our cash flows to start to build a picture of the future. This is where you pull up the business plan and review it.

Creditors 89

Creditors Credit Management Collections 89

PDC Flow

FEBRUARY 16, 2023

Is your small business wasting employee time on things like follow up calls on unpaid bills? If you want to expand, you need to accomplish more with a small staff and small business payment options that let your team do more with less. A lack of self-service small business payment options creates friction and increases late payments.

Banks 82

Banks Collections 82

Collections Law

DECEMBER 1, 2023

In the state of Massachusetts, there is no requirement that the work on a project has to be completed, or even started before initiating a mechanic’s lien. Therefore, as a matter of course, it is good business practice for contractors, subcontractors and sub-subcontractors to initiate the procedures for a mechanic’s lien as soon as possible.

Mechanic’s Liens 52

Mechanic’s Liens Construction Lawyers Collections 52