Country risk refers to risk associated changes in the business environment that may adversely affect operating profits or the value of assets in a specific country.  Country risk ratings look at a country’s specific factors that could adversely affect an insurer’s ability to meet its financial obligations.  As part of evaluating country risk, rating companies identify certain factors within a country.  These evaluations include but are not limited to;

overall country risk rating, political risk outlook, and economic outlook.

Often countries are placed into tiers, ranging from a stable environment with the least amount of risk, to countries that pose the most risk and therefore, the greatest challenge to an insurer’s financial stability, strength and performance.  Country risk analysis providers use different methods to assess and rate countries’ comparative risk exposure.

A risk rating review helps you to spot global trends and identify countries whose risk profiles are changing. For more information on ways to strengthen your defense against financial risk, call 877-740-7839.

Burt & Associates
Solid Experience. Strong Solutions. Since 1979
for Collection Agency Price Quotes

Technorati Tags Country Risk, risk management, Risk Rating

Putting a smart cash management strategy in place is important for your business practice.  The key for a company is to manage its outstanding accounts receivable. If old balances aren’t written off, your A/R becomes inflated and gives a false view of what is really collectible.  Your current A/R should accurately represent what your company is owed.  Know what’s on your A/R and what the depreciation is.
For example, items that can or will be later returned are actually inflated receivables and don’t correctly reflect your expected cash.  Holding on to old accounts can also be costly.  Excessive follow-ups and multiple invoicing attempts may inevitably cost more than what the receivable was originally worth.

Put a process in place regarding write-offs.  Set a standard for what you are willing to turn over to collections before writing it off your A/R and what you can comfortably write-off without additional collection efforts.

We can help you determine what is really collectible.  For more information on our collection services call 877-740-7839.

Burt & Associates
Solid Experience. Strong Solutions. Since 1979
for Collection Agency Price Quotes

Technorati Tags ACCOUNTS RECEIVABLES, cash flow problems

Before filing a lawsuit against a past due account, there should be a chance for recovery, otherwise it would be a waste of time and money to try to collect on that old receivable. A creditor should obtain as much information as possible, not just from its credit application, but it should also conduct a search for tax liens, review a company’s corporate annual reports, etc. Before agreeing to file suit against the debtor for an old balance.
If you need help with your past due accounts contact us.

Burt and Associates
1-877-740-7839
Solid Experience. Strong Solutions. Since 1979
Collection Agency Price Quotes

Technorati Tags burt and associates

 Accounting departments are responsible for more than just keeping financial records. Increasingly, chief financial officers are in charge of cost-cutting strategies for their companies. Such strategies often involve cutting jobs and ending projects, but these are easy short-term fixes that can often fail to address more serious structural issues. Worse, short-term cuts may actually endanger a firm’s potential for growth. For more effective ways to reduce costs, financial officers should carefully and objectively review all of a company’s costs and cut expenses in areas with a long-term strategy in mind. For more information call us at 1-877-740-7839

An evaluation report intangible in a number of important properties. First, the report includes comprehensive and relevant data, analysis and publication of an evaluation method. Moreover, such an evaluation should be the goal, not only remembers the positive but also negative factors that may affect the intangible assets.

This report should be easy to follow the information included in the analysis and what has been done the analysis and conclusions of the assessment. technical jargon should be avoided, but when used must be properly defined.
As with any preparation of a business, intellectual property valuation report should be logically from the data analysis and its conclusions, and written in a clear, simple, and a sufficient number of observation instruments.

Valuations of Intangible Assets:

• Sales,  Parts or mergers of Business and Business Acquisitions.
• Acquisitions and sales of intangible assets.
• Litigation
• Financial Reporting
• Reports to tax authorities

Another intangible assets can be the marketing related like; trademarks, trade names, certification marks or service marks. It can be as well as; unique color, shape or package design. Among others internet domains also are intangible assets.

Burt and Associates
Solid Experience. Strong Solutions. Since 1979
Collection Agency Price Quotes

Technorati Tags asset valuation, burt and associates

Article 4 of the Uniform Commercial Code refers to bank deposits and funds transfers. The article governs the liability of a bank or financial institution with respect to any item handled by it with the purpose of presenting it for payment. If damages occur, the measure of the damages for failure to exercise ordinary care in handling the deposits and collection by banks and financial institutions is the amount of the item which could be realized should the bank have exercised its regular ordinary care of the item. Bad faith is also another issue to consider when establishing damages.

Burt & Associates
For Collection Agency Price Quotes

Technorati Tags Uniform Commercial Code

The Burn Rate is often confused with the total amount of cash a company spends regardless of income. This is not quite right. A company’s burn rate is the net amount of cash it burns through in a given period.

For example, if a firm starts out the year with $5 million in the bank and ends the year with $4 million, the burn rate is $1 million a year.

Many investors confuse this with the total amount of cash a company spends on basic expenses such as salaries, rent, etc. So, Burn Rate is related to a company that uses up its venture capital to finance new spending before generating positive cash flow from operations. Burt Rate is the representation of negative cash flow.

Burt and Associates
1-877-740-7839
Solid Experience. Strong Solutions. Since 1979
Collection Agency Price Quotes

Technorati Tags Burn Rate

Anyone can obtain the latest information on any bankruptcy proceeding by calling the toll free “voice case information” phone number listed for each of the ninety-two bankruptcy courts and their respective divisions. This is an automated service that walks you through a quick one-step method to obtain such information as the debtor’s attorney’s name and phone number, the date, time and place of upcoming hearings, the latest motions made by any party to the proceeding, etc.  For more information call 877-740-7839.
Burt & Associates
Solid Experience. Strong Solutions. Since 1979

Technorati Tags bankruptcy, burt and associates

There are three general stages when control should be exercised when dealing with a high-risk company.

• The first is before delivery in the pre-shipment period, when referral of all incoming orders is required in order to make authorization after scrutiny of existing debt, payment performance and credit ratings.
• Second, during collection work, the degree of control depends on the size of the risk and requires periodic communication. After any unsuccessful collection effort, it is suggested that further deliveries be held up.
• Finally, general risk-reduction, whenever prudent, calls for the need to reduce risk further.  These efforts may include: prepayment of at least part of the debt, shorter payment terms, cash discounts, third-party guarantees, letter-of-credit terms, bills of exchange, offset of payable by written agreement.

Commercial Collection Agency
Tampa FL (813) 200-7667
Solid Experience. Strong Solutions. Since 1979

Technorati Tags Commercial Collection Agency, high risk, risk management

Extending credit to a customer requires careful consideration. Following are some concepts you should embrace when evaluating a debtor.

• Character. Timeliness, which you can implement an action plan for your obligations, how to treat your customers and employees and how to take responsibility are the key features when considering a credit line to a company
• Capacity. Frequency and record of the company’s borrowing activity, payments are made according to terms? How much debt the company can manage and what their financial reasons, all related to the ability of a debtor.
• Capital.  Is the company have a strong commitment with its business entity?. How well capitalized, is the company? These are important questions to ask when considering granting credit
• Conditions. How is the current economic condition of the company and how will face an economic downturn?. Questions any business should ask  when providing credit line to other business at the end you should ask this question “Should I give credit to this company?“
• Collateral. What assets does the company have that they can pledge as collateral? equipment, real estate, including inventory and accounts receivable are just a few assets we have to look in granting credit is based on a credit history less than full payment and financial situation.

Providing credit to customers or business does requires some of the above considerations. Remember that a business credit report also help you to identify  future problems and help you establishing a better debt collection strategy.

Commercial Collection Agency
Phoenix Area (480) 648-5776

Technorati Tags business credit, Commercial Collection Agency, line of credit