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?"
From time to time, it’s good to step back and think about how properly managing credit in your home furnishings company can help drive greater results in the years to come. Let’s look at what a healthy credit department can mean for a home furnishings and accessories company over the long haul.Continue reading "FMCA Insights: How Sound Credit Practices Can Set Your Home Furnishings and Accessories Industry up for Long Term Success"