The secret to a thriving business is to make sure that you protect your accounts receivable to boost cash flow allowing for more sales and growth. Even with steady sales, businesses that do not protect their accounts receivable could find themselves in trouble if they do not have enough liquidity in their ecosystem. According to …
One of the principal rules of commerce is to protect business cash flow against outstanding invoices and bad debt. Falling into the cash flow trap can be easy. Still, if you follow some simple rules, you can ensure that your business always has a healthy supply of liquidity to facilitate your day to day operations …
How can you protect business cash flow with an arbitration clause? Read More »
Online arbitration for freelancers is a great way for freelancers to protect their income by legally stating the terms and conditions for payment for services rendered. The freelance working model can be very rewarding and can restore work-life balance for those who truly have a passion for their area of expertise. What is not so …
Online arbitration for Freelancers – Get paid on time, every time Read More »
One of the likely unforeseen challenges of owning a business is the need for a form agreement between you and your customers. Do you hire a lawyer? Do you find one on the internet? Do you buy a premade form? The answer depends on your needs and your pocketbook. But, there are some things …
I’ve got a Form Agreement and I need to update it. Where Do I Start? Read More »
Running a successful business requires hard work and dedication. Yet, there are some easy wins that require just a little bit of forward-thinking. Every successful business owner will tell you that running your operation requires more than just a business plan. To have long term success, you should take every possible precaution to ensure that …
The definitive answer is yes, moving companies need arbitration clauses; the US Department Of Transportation stipulates that by Federal Law, every moving company must be signed up to an arbitration program if they are involved in interstate shipments of household goods. The DOT instituted this law (49 CFR 375.211) to reduce pressure on the US …
Factoring and online arbitration work extremely well together and together provide the foundation for success in resolving disputes and recovering debt. Factoring – also known as receivables factoring or debtor financing – is an industry that is crucial in helping businesses manage their cash flow. It entails lending money and collateralizing the borrower’s debt or …
Factoring and online arbitration – A perfect fit for debt recovery Read More »
Online arbitration is cheaper and quicker than traditional arbitration, and this is backed up by facts. Brief’s online platform turns an arbitration claim around in 45 days, compared to 410 days with brick and mortar arbitration. It is also up to 80 percent cheaper and a run-of-the-mill claim should cost you no more than $1,700. …
Online arbitration is cheaper than traditional arbitration Read More »
A total of nearly 10,000 arbitration cases were filed in the US in 2020 with $18,011,977,599 (that’s right over $18 billion!) in claims arbitrated. But arbitration is only for big businesses with big wallets right? No, not anymore. Brief’s groundbreaking platform has broken the mold, resolving cases within 45 days or less, starting at $600. …
How many claims are arbitrated annually in the US? Read More »
A simple search engine query for “civil courts backlog” will yield hundreds and thousands of links that all say the same thing, that it’s not going away any time soon and things are unlikely to ever return to pre-Covid functionality. Every US court jurisdiction, from the Federal Court right the way down to the District …
