Building your business from the ground up sometimes means getting into debt. Honestly speaking, that does offer the initial investment needed to launch products and take care of operating expenditures ...

Bad debt is an unfortunate reality of running a business. A bad debt is money owed to your company that you decide is not collectable. The two most common methods you can use to write off bad debt are ...

Rebecca Lake is a certified educator in personal finance (CEPF) and a banking expert. She's been writing about personal finance since 2014, and her work has appeared in numerous publications online.

The average company writes off about 4 percent of accounts receivable as bad debt. Furthermore, about 26 percent of invoices that are not paid within three months are uncollectable. No matter your ...

FOR many businesses, unpaid receivables are an unavoidable part of operations. Whether arising from unpaid invoices, defaulted loans, or broken payment promises, bad debts can significantly affect a ...