Networking in the credit industry is key to professional development. FMCA is here to provide some solutions for credit managers.Continue reading "The Power of Networks in the Home Furnishings and Accessories Credit Industry"
lack Friday always plays a major role for retailers in the furniture and accessories industry and in 2021 this will continue with some notable changes for credit departments to be aware.Continue reading "How Black Friday Effects Furniture Retailers in 2021: What Credits Departments Should Know"
We polled furniture credit managers to see what questions they get asked most frequently by retailers in the home furnishings and accessories industry.Continue reading "Frequently Asked Questions from Credit Managers in the Home Furnishings and Accessories Industry"
How to negotiate with collections in the furniture credit industry can be a challenge, but these tips will help you approach the process.Continue reading "5 Tips for Effective Collections Negotiations"
The importance of mentorship serves is a development tool in the home furnishings industry, and it takes on added importance in the world of credit management.Continue reading "The Importance of Mentorship for Healthy Credit Departments"
Everything is easy when the home furnishings market is good. Preparing for a furniture market downturn is an essential credit department function that deserves attention.Continue reading "How to Prepare Your Home Furnishings Credit Department for a Downturn in the Market"
A large balance on a furniture retailer credit account can lead to trouble if left unpaid. Here’s some advice on how to pick the right time to escalate your credit collections process into a debt collection lawsuit.Continue reading "When is the Right Time to Take Legal Action Against an Uncollected Debt?"
No one can predict the future, but there are some important credit warning signs for credit departments to monitor when offering terms to a new customer.Continue reading "5 Warning Signs Home Furnishings Credit Departments Need to Monitor Closely"