Commercial Collection Agency B&A

Country Risk Ratings

James — Fri, 06 May 2011 13:44:47 +0000

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
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Technorati Tags Country Risk, risk management, Risk Rating

Preventing Inflated Receivables, What’s Really Collectible?

James — Fri, 06 May 2011 13:34:33 +0000

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
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Technorati Tags ACCOUNTS RECEIVABLES, cash flow problems

Before Suing Past Due Account

James — Tue, 19 Apr 2011 21:40:05 +0000

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
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Accounts Receivable Aging

James — Mon, 18 Apr 2011 15:22:04 +0000

The accounts receivable aging schedule is a useful tool for analyzing the makeup of your accounts receivable balance. Analyzing the schedule allows you to spot problems in accounts receivable early enough to protect your business from major cash-flow problems.

The A/R aging schedule can be used to identify the customers that are extending the time it takes for you to collect your accounts receivable. If the bulk of the overdue amount in receivables is attributable to one customer, then steps can be taken to see that this customer’s account is collected promptly. If overdue amounts stem from a number of customers, that could be a signal that your business needs to tighten its credit policy toward new and existing customers. For more information call us at 877-740-7839
Burt and Associates
1-877-740-7839
Solid Experience. Strong Solutions. Since 1979
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Technorati Tags ACCOUNTS RECEIVABLES, burtandassociates, business

Short Term Earnings

James — Wed, 13 Apr 2011 21:17:24 +0000

A corporation’s earnings report can have a devastating effect on its stock price if earnings even barely fail to meet the company’s projections. If a company misses its earnings estimates, investors may hammer its stock, thinking that the company would have used every accounting trick in the book to meet the projections. Therefore, the reasoning goes, missing projections must mean trouble is ahead. Such pressure from Wall Street can force companies to implement unusual methods to meet short-term earnings targets, possibly at the expense of longer-term growth. A survey of more than 400 financial executives revealed that more than 70% of the respondents said they would cut discretionary spending on things like research, development and hiring in order to rein in costs, meet projections and satisfy Wall Street’s demands for hitting quarterly earnings targets. Some have suggested that companies should cease putting out estimates of quarterly earnings and focus more on longer-term business strategy. For more information call us today.

Burt and Associates
1-877-740-7839
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“Cost Cutting Strategies”

James — Wed, 06 Apr 2011 22:17:14 +0000

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

“Raising Capital”

James — Tue, 29 Mar 2011 13:33:14 +0000

An important decision for a company wanting to raise capital is that of choosing its best option among the various ways to obtain/structure financing. Bankers, investment bankers and other financial specialists may offer a number of possibilities besides straightforward bank debt, which is basically a loan that can be a fixed term loan or a revolving line of credit. Other possibilities financial specialists may offer include convertible debt, which is debt that may be converted into equity at some predetermined price per share. Mezzanine debt, which is senior to equity but subordinate to convertible debt, typically has a term of three to five years and often requires warrants or stock options in addition to substantial interest rates on the notes for more information call us at 877-740-7839

Burt and Associates
Solid Experience. Strong Solutions. Since 1979
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Technorati Tags burtandassociates, raising capital

What is a Automatic Stay?

James — Wed, 23 Mar 2011 13:27:04 +0000

When a debtor files for bankruptcy, whether it be under Chapter 7 or 11 and whether it be a voluntary or involuntary filing, “all entities” are automatically and immediately stayed from taking any action or continuing any legal action against the debtor.
This includes attempts to collect debt from the debtor by any party. This also applies to the enforcement of liens against the debtor’s property.

This stay also relates to repossession of property. If the creditor had repossessed property prior to the filing of the case but had disposed of it by sales, the creditor could, and the key word here is “could”, be required to make restitution of that asset to the bankruptcy estate.

Burt & Associates
Solid Experience. Strong Solutions. Since 1979
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Assessing Credit Risk

James — Mon, 21 Mar 2011 19:06:50 +0000

It is always important for today’s credit executives to “look beyond the figures” when evaluating corporate financial statements. Following are some of the areas that credit and financial professionals should be aware of when assessing business credit risk.
First, you should determine whether there are any off-balance-sheet transactions such as operating leases that should be capital leases or capital leases that should be operating leases. Next, determine if there are any hedging strategies in place that may not be actual hedges. Also, find out if derivatives being used are liquid and whether the company has what are called “naked” positions. Further, determine if any goodwill and intangible valuations are accurate and what assets are being valued and at what price.
Try to see if any large write-offs are in the works. If possible, try to ascertain whether the company is booking future revenue from long-term contracts in current periods. Also make sure to determine if swap transactions overstate revenue but add no realized value.

Burt & Associates
Solid Experience. Strong Solutions. Since 1979
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Valuation of Intangible Assets

James — Thu, 17 Mar 2011 21:30:19 +0000

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
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Technorati Tags asset valuation, burt and associates