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Bad debts should be rare, but sometimes even the most well-meaning customers don’t satisfy their obligations. They may have written a bad check or they may not have paid at all. Regardless of how their customer’s debt became overdue, small businesses need to use documentation, diplomacy, and if necessary, a judgment, to collect what’s owed.
Name: Dan Reed Title: President NBA Development League Location: New York Age: 32 Power Play: Combines technology and key marketing strategies to enhance brand and ticket sales Will the NBA...
Since I founded my company more than 40 years ago, there have been seven recessions. In fact, the first issue of black enterprise was published in August 1970, during the first of those recessions. Only three years later, our young company and our country would face another, more devastating, recession. This one, marked by rising unemployment, funding a war in Vietnam, and skyrocketing oil prices (sound familiar?), lasted from the fall of 1973 through the winter of 1975—almost as long as our most recent Great Recession, which started in December 2007 and officially ended in June 2009.
If you haven’t noticed, the brave new, digital world has arrived. All I have to do is gauge the activity in my own household as confirmation. My children, ages 14 through 19, have never purchased a single CD (they download music on their iPods). They communicate with friends through a series of text messages and iChats instead of phone calls and watch their favorite programs on laptops instead of television.
For professionals looking to advance their career, earning a certificate or even an advanced degree could be the catalyst needed to move up the ranks. Although work and life constraints can make it hard to pursue academic endeavors, more and more working professionals are taking online classes allowing them to better coordinate their schedules around work responsibilities and their personal life.
