For many family businesses, receivables are the largest asset on the balance sheet. If your collection time is “average,” you…

Every single customer on EFT (Electronic Funds Transfer). Does this sound like a pipe dream? It’s not. Some Meridian clients…

For years now, you could sell your Accounts Receivable to “factor” companies. These companies paid cash for your accounts receivable…

In business, customers who can’t or won’t pay their bills kill cash flow and profits. What can you do about…

Most companies can not completely avoid bad debt expense on their P&L. However, there are several strategic steps management can…

One of the most critical components to keep a company in positive cash flow is accounts receivable management. Every day…

THE CREDIT APPLICATION The first step to avoiding bad debt is to have a formal credit application document. It is…

How does your company’s credit administrator determine if a customer should have $5,000 credit, $10,000 credit, $25,000 credit or more?…

How’s your company’s cash flow right this minute? To get your money in the door more promptly pumping up your…

When we note bad debts on our clients’ financial statements, we often hear about two classes of trade — contractors…