Credit control has never been more important. One inevitable consequence of the downturn is an increasing number of companies addressing their own cashflow difficulties by delaying payment to their suppliers. Thus, the company that used to pay 30 days after receiving an invoice may now hold off on payment for 45 or even 60 days. … Read more
Private Money Lenders are private companies that give personal loans to any individual who wishes to increase their financial needs. They can also be middle man organizations that will get you to an individual investor and are a non-traditional lender that provides you with a real estate loan, secured by property and not by you. … Read more
Companies not paying on time ……………… do so for two main reasons. a) they have severe cash flow problems and b) they use their customers as an interest free loan. Trade credit is almost always interest free, in the current climate customers are using their suppliers as loan providers. Any extra delay means money in … Read more
Private equity and hedge fund firms are battling to offer more flexible fee structures as they come under pressure from clients after many funds lost money in the credit crisis. Institutional investors making big ticket investments have pushed for lower management fees, paid as a percentage of assets managed, and many are already getting them. … Read more
Open source is a theory or method in business that makes a company’s sources and materials known and accessible in addition to its end product. This has become a prominent concept since the dawn of the internet and its information highway. The history of open source, although it was not known by this moniker, dates … Read more