Corporate Travelers Seek out the Personal Touch at Bed & Breakfast Inns

(ARA) - Matt Gill spends at least part of most weeks on the road in his job as a consultant for a multi-national technology consulting company. But instead of checking into the nearest chain hotel, Gill seeks out local bed & breakfast inns as his home away from home.
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A corporation is treated by law as a physical entity. Its life is separate from those of its owners or stockholders. The question of whether or not to incorporate is not easily answered but it is one that should not be ignored by growing businesses.
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If a consumer uses credit cards, owes money on a personal loan, or is paying on a home mortgage, she is a "debtor." If a consumer falls behind in repaying her creditors, or an error is made on her accounts, she may be contacted by a "debt collector." As a business owner you should know that in either situation the Fair Debt Collection Practices Act requires that debt collectors treat the consumer fairly by prohibiting certain methods of debt collection.
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Once a business understands the aging of Accounts Receivable and Accounts Payable, it is easier to understand other aspects of collection.
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