Business Information Servicesby Aakash Angrish Business Developer
The BIR is used by corporations because it provides an in-depth profile of a company, including financial statements, business trends, business history, ownership details, and operational information. Recommended Features
- PRELIMINARY REPORT
- BUSINESS CREDIT REPORT
- COMPREHENSIVE REPORT
- FINANCIAL SEARCH REPORT
- DUE DILIGENCE REPORT
Review on Business Information ServicesWhen someone owes you money, you are exposed to Credit Risk, which is the risk of losing money if they do not repay you. When you run a business, you deal with a lot of people and are exposed to credit risk. Regardless of the nature of your business, youve almost likely had to ask yourself questions like Who exactly am I dealing with? Will they pay me and when? and How much can I offer to them and on what terms? You may have delivered items, but your customer has a 30-day or 60-day payment grace period (i.e. Account receivables). On the other side, you may have given your suppliers some notice, yet you must still wait for your supplies.
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Created on Aug 19th 2021 05:36. Viewed 101 times.
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