by Tom Claybaugh, President, MSCCM | Jan 23, 2020 | Credit Account Management
Seasonal businesses are characterized by their short-term or seasonal peaks in operation. They tend to do significantly better during certain times of the year and experience lulls in between those times. For example, toy and jewelry retailers see sales jump at the...
by Tom Claybaugh, President, MSCCM | Dec 27, 2016 | Credit Account Management
As businesses grow and industries change, it often becomes necessary for you to extend credit to clients. This process allows you to do business with more customers since not all can pay at the exact sale or service time. Many business owners handle this process...
by Tom Claybaugh, President, MSCCM | Apr 26, 2016 | Credit Account Management, Risk Management
This spring, the consulting and research firm Deloitte produced a report that revealed a shocking statistic: As many as one-third of all oil and gas producing companies are at risk for bankruptcy in the coming year.1 Analysts at Reuters explained that although oil...
by Tom Claybaugh, President, MSCCM | Apr 6, 2016 | Blog Posts, Credit Account Management, Risk Management
Experienced credit managers frequently deal with joint check agreements, and you already probably understand that you need to treat such agreements on a case-by-case basis. But it takes time to gain the experience needed to determine whether a particular agreement...
