Updated: 7/16/2008
I just finished re-categorizing the articles in this blog to make them easier to find. The categories pretty much define what this blog is all about. The articles are intended to be helpful to any small business owner. I cover topics such as financial management concepts (as they relate to small business), SurvivalWare Software (my baby), and some personal experiences gleaned from launching my second startup.
Our business collection agency, Aguirre Aikman and Brown, has recently made available a free Excel spreadsheet that allows users to calculate and record their Day Sales Outstanding (DSO). I’ve noticed that you have included an extensive list of free spreadsheets and information on your site and believe that our spreadsheet may also be valuable to your readers. I invite you to visit http://www.aabcollections.com/dso.htm to take a look at all of the functions it offers including Best Possible Day Sales Outstanding (BPDSO), Average Days Delinquent (ADD), and Cost Effectiveness Index (CEI).
It is important for business professionals to understand the costs associated with outstanding accounts so that they may minimize debt. We have also written about the importance of understanding the carrying costs of accounts receivables in our company blog, http://www.aabcollections.com/blog/2008/04/08/understanding-the-carrying-costs-of-accounts-receivables/.
Aguirre, Aikman and Brown is a respected member of the commercial collections industry and has been serving large and small businesses for nearly a decade. Please feel free to contact us with any questions and we hope that you and your readers find our spreadsheet to be beneficial.
Thank you for your consideration,
Josh Heicklen