Business Credit articles from September 2001

Business Credit archives from September 2001

The Not So Lazy Days of Summer.(National Association of Credit Management)(Brief Article)
September 1, 2001... This summer has been filled with change. Little did I know that our cheese would move so quickly and that the story about the two little men and two little mice who ventured outside of their maze would take on such a meaning! Having...

How Earning My CBA Designation Impacted My Career.(Credit Business Associate)(Brief Article)
September 1, 2001... As I sit in my aisle seat of the Continental 747 aircraft heading to Houston, Texas, I wonder, "Why was I chosen for the E-manual project?" There are 106 credit managers in my company, many of whom have years more work experience than I do, yet...

Are You a Critical Trade Vendor That Merits Immediate Payment on Your Prepetition Claim?
September 1, 2001... An Update on the Necessity Doctrine The faces of chapter 11 debtors are changing. Although "second chance" insolvent debtors will always clutter the court's docket, solvent debtors are also finding that bankruptcy law works to their...

Coaching Your Team vs. Managing.(versus)(Brief Article)
September 1, 2001... The most destructive word in corporate America is employee. It's a divisive word. It disconnects management from 90 percent of the company. It immediately emphasizes the separation. Wherever you are in the management chain, I want you to do...

In Current Tough Economic Times, Survey Shows Most Employees Under Personal Stress; Expert's Rx--Extending Work-life Benefits.(Richard Chaifetz prescription)(Brief Article)(Statistical Data Included)
September 1, 2001... Source: PRNewswire/ComPsych Corporation With a survey showing most employees face personal stress in the current down market, Dr. Richard Chaifetz, specialist in employee assistance, says the best solution for companies is to extend...

Professional Courtesy.(office etiquette)(Brief Article)
September 1, 2001... Source: OfficeTeam A few more "pleases" and "thank yous" in the office would definitely be welcome, a new survey by OfficeTeam suggests. Nearly half of workers polled recently said the level of professional courtesy at work has, decreased...

What's the Difference Between a "Consignment" and a "Sale or Return"?(legal aspects of conditional sales)(Brief Article)
September 1, 2001... Understanding the Legal Differences in Conditional Sales A wholesaler of goods may, at times, wish to accomplish a conditional sale of its goods to a retailer. The retailer may wish to obtain certain levels of inventory that it could not...

The Workings of The Statement of Cash Flows.
September 1, 2001... Question: How does the Statement of Cash Flows tie into the other financial statements? Answer: The Statement of Cash Flows is the cash reconciliation of the activity on both the Balance Sheet and the Income Statement. Both laymen and...

DIP Trade Credit Claims vs. the Preference Monster: DIP Trade Credit Claim Wins.(debtor-in-possession)
September 1, 2001... A supplier considering extending credit to a customer in chapter 11 is faced with a dilemma. The supplier can either sell on cash in advance or cash on delivery terms and risk the loss of sales to other suppliers willing to ship on credit...

Credit Software Today.(annual survey of credit management software users)
September 1, 2001... Business Credit conducts an annual study of credit management software to help credit professionals stay abreast of new products and monitor software preferences at other companies. This year's study began in April, when we conducted an e-mail...

Countertrade.(part two in series)
September 1, 2001... (This is part two of an article which ran in the April 2001 issue of Business Credit.) For the past 56 years, since the end of World. War II, countertrade and its derivatives have become a part of international trade. Countertrade has...

Structural Reform of the Japanese Economy: Basic Policies for Macroeconomic Management.(Brief Article)
September 1, 2001... Distributed by PR Newswire Europe on behalf of the Government of Japan In January 2001, the Japanese Government chartered a new body--the Council on Economic and Fiscal Policy (CEFP)--chaired by the Prime Minister, to deliberate basic...

Hot Spots: Japan--Revisited.(Junichiro Koizumi's economic reforms)
September 1, 2001... When Junichiro Koizumi became Prime Minister in April, his rise to the helm kindled ardent hopes in the local and international business and financial communities that he would, like a fresh breeze, blow the cobwebs out of the long-ruling...

Cross-Border Developments in Insolvency.
September 1, 2001... The rapid growth in economic globalization has created new issues for creditors, debtors, insolvency professionals and the bankruptcy court. Less than a dozen years ago, it was unusual to find reorganizations or insolvencies that had...

Canadian Bankruptcy and Insolvency Act Reform--A Time for Input!(Brief Article)
September 1, 2001... May 2002 is the legislated date in Canada for reform of the Bankruptcy and Insolvency Act (BIA) and the Companies Creditors Arrangement Act (CCAA), the main federal Canadian insolvency statutes. Prior to submission of reports to the...

NACM--South Texas.(National Association of Credit Management)(Brief Article)
September 1, 2001... Ronnie Archer Named 2001 Credit Executive of the Year Ronnie Archer, CCE, Dunn Enterprises, was named 2001 Credit Executive of the Year at the National Association of Credit Management of South Texas Annual Meeting & Awards Dinner on May...

CFDD Chapter Formed in New Jersey.(Nationa Association of Credit Management, Credit and Financial Development Division)(Brief Article)
September 1, 2001... On June 19, 2001, several credit professionals met in Edison, New Jersey to form the NACM Credit and Financial Development Division of New Jersey (CFDD). Elected as officers were Beverly Peffer, General Plumbing Supply, President; Joseph Zaro,...

Results of the Election of Candidates to the National Board.(Brief Article)
September 1, 2001... Our newly elected Vice Chairman - Central Region is Rick Rehn, CCE. Our newly elected Vice Chairman Western Region is Clint Techmeyer, CCE. Congratulations to both Rick and Clint! We welcome you back to our National Board and look forward...

Could Your Attitude Be Killing the Deal?(business etiquette)(Brief Article)
September 1, 2001... Learn the Proper Etiquette for Making More Sales Attitude is all about how you relate to your clients. Your style of connecting with them, your way of communicating, your respect of them and your behavior towards them are all reflections of...

Keys to Sucessfully Implementing a Business Plan.(Brief Article)
September 1, 2001... Strategic planning is more than the process of analysis and objective setting that occurs once a year. Once the Business Plan has been created and communicated, implementation and continued review should follow throughout the year. The Business...

Success in Negotiation.
September 1, 2001... Many of us in the credit profession find ourselves in a position every day in which we must negotiate with customers or our sales force about a particular customer or situation. Yet, many of us still need to work on our negotiating skills. As...

New Mexico Retainage Act.(construction project fund handling)
September 1, 2001... Starting June 15, 2001, almost all commercial construction projects within New Mexico became subject to the recently enacted retainage act. The retainage act sets out specific requirements for the handling of funds retained by the project owner...

Introduction to Mechanics' and Materialmans' Liens for the State of Washington.
September 1, 2001... A. WHO MAY FILE A LIEN? Under the RCW 60.04 ("the act"), a lien may be filed by any person who furnishes labor, professional services (including architectural and engineering services), materials or equipment for the improvement of real...

Buyout: The Insider's Guide to Buying Your Own Company.(Brief Article)
September 1, 2001... According to Rick Rickertsen, venture capital veteran and COO of Thayer Capital Partners, there's never been a better time for senior managers to buy the business they work for. "There's $150 billion of investment capital out there," Rick says,...

Salaries Grow Steadily for Finance Officers.(Brief Article)(Industry Overview)(Statistical Data Included)
September 1, 2001... Total average compensation for individuals who practice treasury and financial management was 8.1 percent higher in 2001 than it was in 2000, according to a recent survey conducted by the Association for Financial Professionals. Titles...