Trade Credit Insurance can be a valuable tool for small business owners who are worried about financially strapped customers who may default, leaving them stuck with large unpaid invoices. (According to Automated Access to Court Electronic Records, or AACER, 20,521 businesses sought either Chapter 7 or Chapter 11 protection in the first quarter of 2009, a 52% increase over the same period in 2008.) A business can purchase trade credit insurance for a single customer, or as a blanket policy, “Business Week Small Biz” recently reported.
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Resources
- Center for Networking Excellence
- Forbes best small business blogs
- Knowledge at Wharton
- Small Business Blog Directory
- Small business resources at the New York Public Library
- The Crisis of Credit Visualized
- The Tiger Next Door – new documentary
- Ventureneer
News and Views
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