by Tate Parker | May 12, 2020 | Business Owners/CFOs
Almost every time I ask a business owner or financial manager about their credit process, I hear a story about how much they dislike their credit reports and credit reporting service. The way they describe the relationship, it’s as if they need to take a shower...
by Tate Parker | Jan 4, 2020 | Business Owners/CFOs
During a recent hiking trip, I crossed a stream that was full of huge boulders (see the photo). The boulders were the size of my house! As I crossed the stream, I realized that business cashflow is like the stream… when it flows without interruption, everything...
by Tate Parker | Jul 30, 2019 | Bankers/Lenders, Business Owners/CFOs, Credit insurance basics, Insurance Brokers
Every company that begins to use a credit insurance policy has a few steps to take to fully implement that policy to begin to utilize it fully. Here’s how. Quoting The first step in using credit insurance is to complete an application and get a quote. Part of...
by Tate Parker | Jun 25, 2019 | Business Owners/CFOs
International business has become more risky in recent months as tariffs have impacted companies in many industries. Buying and selling between the US, China, India and other countries has gotten more expensive and in some cases is causing business owners and...
by Tate Parker | May 14, 2019 | Business Owners/CFOs, Credit insurance basics
Can credit insurance cover foreign accounts or only domestic? I recently wrote about how coverage decisions are made (How Credit Insurance Coverage Decisions Are Made), but what if your customer is outside the US? Can those sales be protected too? Why insure foreign...
by Tate Parker | Feb 26, 2019 | Business Owners/CFOs, Insurance Brokers
Utilities have always been one of the safest investments around. A few weeks ago, PG&E one of the largest electric and gas utilities in the US, filed for bankruptcy protection because of $30 billion in liability for wildfires in 2017 and 2018 in northern...
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