Mergers and Acquisitions (M&A) can often appear as a promising avenue for growth and expansion for many businesses. However, in the collections sector, an M&A doesn't always translate to...
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...