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Your business went to small claims court-Now what?

American Profit Recovery

Many organizations and commonly small businesses will attempt to get customers to pay on outstanding invoices through various methods. However, for a wide range of reasons, small businesses can struggle to get timely payments, which ultimately affects cash flow. That’s good news. The bad news?

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8 proven ways to build your small business profits this coming year

American Profit Recovery

If you’re like many owners and operators of small businesses, you’re looking at the year ahead and trying to figure out how next year can be better than before. While New Year’s resolutions might not work, getting the year off on the right track is time well spent for your small business.

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CFPB Sued Again Over Small Business Lending Rule

Account Recovery

A trade group representing non-bank financial institutions that provide sales-based financing to businesses has filed a lawsuit against the Consumer Financial Protection Bureau claiming it has overstepped its authority by issuing a rule regulating how lenders must collect and submit data related to small business lending activities.

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Lowering the stress level in your small business

American Profit Recovery

While running any type of small business can be stressful and cause business owners some type of anxiety, this past year during the coronavirus pandemic has caused more business owners and small business operators some of the hardest stress we have all seen in recent times.

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Bill Introduced in Congress to Expand FDCPA to Cover Small Businesses

Account Recovery

A bill has been introduced in Congress that would expand the Fair Debt Collection Practices Act to cover small business debts in order to protect those companies from “harassment” by third-party debt collectors, according to the bill’s sponsor.

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House Passes Resolution to Repeal CFPB Small Business Lending Rule

Account Recovery

A proposal from the Consumer Financial Protection Bureau to require small business lenders to share information about the race and demographic data took another body blow on Friday when the House of Representatives approved a resolution to repeal the rule.

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4 ways to fix problems with small business cash flow

American Profit Recovery

Our economy is changing rapidly and there has never been a better time for your business to do a health check. Everything seems to be rising for those running a small business. Those interest rates not only affect you as a business but are ultimately causing your customers to rethink their finances.