Posts by Paul Lemberg
Are You Pushing Customers Away?
Since the start of the recent recession, many businesses have tightened their credit policies so that only the best-rated customers get payment terms. Everyone else has to pay cash. Sure, it makes sense to hold down unnecessary costs and avoid risk. But have they bothered to figure out whether net profits are up or down…
Read MoreSerious Trouble
Whatever you call it, the rate of growth in US business has picked up. In fact, Gross Domestic Product (GDP), the government’s measure of total output, has just reached the level it was at pre-crash 2007.
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