Lease Enforcement Attorney Network

707 Grant Street
Suite 2200
Pittsburgh, PA 15219-1900

1-877-LEASE-LAW

(1-877-532-7352)

Lease Enforcement Lawyer

LEAN ENFORCEMENT ANALYSIS & NEWS


Business owners and managers searching for better ways to reduce cost and improve relationships with their customers often overlook one of the most effective methods: credit policy. Credit policy isn’t just about collections. It’s a business strategy to enhance customer relationships and add value to a company.

According to Creditor’s Rights Lawyer, Business Bankruptcy Specialist and author Bob Bernstein, “Many businesses provide easy credit to their customers, thinking this will foster better relationships. But when they don’t pay, that philosophy backfires. You can end up losing both the money and the customer.”

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In this age of information and technology, you might expect to learn a new, high-tech formula for detecting fraud. In fact, the same automation that creates a streamlined and efficient process can be one of the contributing factors to leasing fraud. The best ways to detect fraud still involve the simple, back to basics methods that have been proven effective and relied upon for years.

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Whatever your personal (or institutional) view of the near-term economy, we know the economy moves in cycles. Based on what we’re seeing, every responsible manager should be thinking about preparing for a downturn. While in some situations, taking a conservative (or even pessimistic) view could limit an organization’s annual growth opportunities, this article will briefly review several ways that preparing for a slowdown can be profitable (or, at least, not costly).

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