Five Practices to Help You Get Paid from Construction Industry Customers
By Laurie Hager, Sussman Shank Collection of accounts receivable is vital to any business, and the construction industry is no exception. When a customer timely pays without incident, things are great. Sometimes, however, customers do not pay on time for a variety of reasons. Perhaps the customer cannot pay because of cash flow problems. Other […]
Building Credit Is a Smart Business Decision
Companies with strong business credit files can reap many benefits, because a business credit file helps convey a company’s image to others. For small businesses and startups especially, establishing a reputation can be an onerous task, but by establishing a reputation with a strong business credit file, entrepreneurs can actually solve many problems at once. […]
CFDD -2018 CFDD Portland Credit Retreat
March 16, 2018 Friday, 8 a.m. – 4:30 p.m. McMenamins Edgefield, “Ballroom, 2nd Floor” 2126 SW Halsey St., Troutdale, Oregon 97060 Download Flyer for Details
New County Recorder Fees Underway in California
Beginning Jan. 1, several transactions at county recorders’ offices throughout California will require an extra $75 on every document, not to exceed $225 per transaction, that has to be recorded, including mechanics’ liens or releases. The new tax is required by California’s Senate Bill 2, entitled the Building Homes and Jobs Act, according to a […]
Will a Credit Freeze on my Personal Credit Report Affect my Small Business?
By: Experian Following some high-profile data breaches, consumers are being urged to monitor and lock or freeze their credit or place fraud alerts on their credit profile. For small business owners, there is currently no mechanism for freezing a business credit file, but there are options, like monitoring the business credit report or placing a […]
The U.S. Supreme Court is Set to Rule on Yet Another Credit Card Topic and What it Means to the Credit Team
By: Scott Blakeley In March of this year, the U.S. Supreme Court made a significant ruling finding that New York no-surcharge violated commercial free speech. The U.S. Supreme Court has on its docket the legal issue whether suppliers accepting multiple card brands may steer card paying customers to a cheaper card brand, thereby trying to […]
D&B Credit: Maximize Insights from Credit Reports
From: Dun and Bradstreet You can have all the data in the world, but without analytics and insights, you won’t have much. As with data, the value of a credit report lies in the users’ ability to extract information from it, which can often be as difficult as reading a foreign language. Uncovering truth and […]
A “Good to Great” Credit Manager!
By: Patrick Spargur, ICCE Every year I worked as a credit and collections manager, my boss would send me a Goal Setting Form to complete. The form had two sections: one for me to list five personal goals for the new year, the other to list five departmental goals. My personal goals usually went something like this: Education: Take an NACM course(s) […]
Fear, Loathing, and Legal Marijuana in the Pacific Northwest
By: Victor J. Roehm III, Sussman Shank LLP With the passage of Washington Initiative 502 in 2012 and the subsequent passage of Measure 91 in Oregon in 2014, commercial production, processing, and the retail sale of cannabis have become a major industry in the Pacific Northwest. However, there is still a great deal of uncertainty for […]
Blockchain and Emerging Technologies Can Change the World
Social media, cell phones, and touch screen portable tablets were once a fantasy. They couldn’t have been imagined in anyone’s wildest dreams 100 years ago, yet here they are staring us in the face 24/7/365. Technology and innovation has caught up with the 21st century and not just in our daily, personal lives. Businesses and […]