Read moreHow to Calculate DSO
Calculating DSO is straightforward, even for beginners:
DSO = (Accounts Receivable / Total Credit Sales) x Number of Days
When it comes to managing finances and ensuring the smooth operation of a business, you'll often come across a jumble of acronyms and financial terms that might seem like alphabet soup. One such...
Read moreWhat is a Notice to Owner?
In Florida, the Notice to Owner is a statutory form used by contractors, subcontractors, and material suppliers to inform property owners, general contractors, and other interested parties that they are providing labor, services, or materials for a construction project. The notice serves as a preliminary step to secure payment and preserve the right to file a construction lien if payment is not received.
In the construction industry, protecting one's financial interests is a critical concern for contractors, subcontractors, and material suppliers. For those doing business in the state of Florida, an...
In today's rapidly evolving world, consumers are navigating an increasingly intricate financial ecosystem, punctuated by seismic shifts in technology, economic landscapes, and societal values. This...
Will 2021 be a market repeat for Associations with deferrals turning into Short Sales and Foreclosures? Let us imagine a monthly Aging report where balances never exceed $8,000? Nothing is ever a...