Should a Final Demand Letter Be Sent?

It’s so frustrating when our customer doesn’t pay, especially after we have fulfilled all of our obligations to provide the products or services with the utmost total customer satisfaction possible. Subsequently, when we start to get some payment delays, which turn...

Do You Have an Emergency Fund?

The other day when I was talking with some friends about our current economic situation, one of them mentioned that although they lost their job and their financial situation is stressed, for the time being they have several months of savings in their “emergency fund”...

What’s the Difference between DSO and SDSO?

It was a long and hot summer in my neck of the woods, which fortunately was periodically interrupted by the occasional downpour and cloudy day.   But now that it’s October, it won’t be long before we’re donning our winter coats, and for my generation, our galoshes....