Commercial Collections Blog

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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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
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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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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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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

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The cyclical turns of the economy can take their toll on companies. But in order to survive and flourish, companies must develop clear strategies on the one hand and avoid a number of common mistakes on the other. First, besides the need to raise money, a company must have a plan of action. When discussing a firm’s health, owners and managers must be honest in their appraisal of the firm. They should make realistic projections and not just overly optimistic scenarios. Most important for newer companies, they must address the issue of cash flow. For free report call 1-877-740-7839 or visit or commercial collection agency site

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Why not just continue to write off those bad debts? What hits the bottom line of your costs ultimately requires growth to the top line in sales.  Take a relatively small outstanding debt balance of $3000 and assume, for this example, the company is operating at a 4%profit
margin.  In order to make up for that relatively small write-off, the company must come up with an additional $86,500 in sales. To most businesses, $86 is a significant amount to have to come up with in sales to simply offset a write-off you may not have had to incur in the first place, Let Burt and Associates show you how not to have write offs.

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The term inventory turnover goes by a number of names like inventory turns, stock turns, stock turnover, depending on which part of the world you live in. But the basic premise of the concept remains the same: to find out how many times the inventory ‘turns over’ within a specified period. The specified period is a year. Turning over means how many times the inventory comes into the warehouse of the business and leaves it for the process of production. The inventory turnover ratio is calculated with the inventory turnover formula in days which supplies the details regarding the stock turnover.

If the inventory turnover ratio is high, which means that your inventory policy involves buying more times over a period and consuming, there are a chain of events associated. Purchasing inventory involves two other costs other than the cost of purchase itself: the cost of holding the inventory (warehousing) and the cost of delivery. So if you buy less inventory, more times a year, then you incur a higher delivery cost for the period, because you have to go fetch the stuff a lot more times. At the same time, you need not have a pretty big warehouse and hence that cost is lower. Thirdly, having a low inventory means reduced risk of spoilage and wastage and that lesser company money is locked up in the inventory.

The formula for Inventory Turnover

Inventory Turnover = Total Cost of Goods Sold / Average Inventory

The formula for Average Inventory

Average Inventory = ( Inventory “beginning” + Inventory “ending” ) / 2

The formula for Average Days to Sell

Average Days to Sell = 365 days / Inventory Turnover Ratio

Purchasing more inventory means reduced aggregate delivery cost since the shipment perhaps comes only once or twice a year. Warehousing costs will be higher because there is a lot more stuff to store and hence needs a lot more space. And while there are chances of losses due to spoilage and the money is locked up in the inventory, this can be compensated for by the benefits of economies of scale.

So the desired level of inventory turnover really depends on the company policies. If the business uses a bulk of foreign made raw materials in its production, it makes little sense to order a tiny shipment every week or month. Then again, if the raw materials are like to be spoiled, then there is no option trying to store them for a longer time. The DSO and other ratios are key to understanding financial statements. Our relationship spreadsheets reduce time and effort in the calculation of coefficients of the decision-making. Reduce the risk to lenders and investors and enable owners, managers and consultants to increase productivity and corporate profits. These spread-sheets are low prices that provide a huge return on investment. Burt and Associates, the debt collection agency, can help you keep your inventory under control.

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…We know that sometimes it may be necessary to contract with a collection agency to help collect past due accounts. While in general it is useful to resort to a commercial collection agency when a debt falls 90 or 120 days past due, some companies may want to consider an outside agency as early as 60 days past due. But since collection agencies may charge a commission on delinquent debt, it is essential to use an agency that is effective. You should not only consider a collection agency’s references and experience but you should also request a risk score like used by Burt and Associates in the collection process. Follow the link on the Image below to check or press release.

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While many agree that the U.S. economy is starting to show signs of recovery, reports surveying the small and mid-size companies (SMBs) that will take us over the finish line do not inspire much confidence. Most companies are still struggling to find access to capital in order to maintain even the lowest levels of production. Many are hoarding cash – what little they have – in an effort to protect against uncertainty and maintain some level of liquidity. are finding innovative ways to stay ahead of their competition by reinvesting the capital they get from the Burt and Associates  into their businesses to realize growth.

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