When it's time to collect: what to do when 30 days have passed and a customer hasn't paid?

Article Abstract:

Proper credit practices include a credit application which clearly states terms and expectations, signed in front of an employee, preferably by the business owner and their spouse. The application should be verified by calling the applicant's suppliers, banks, and using credit vendors such as TRW. Invoices need to be sent on time and collection practices should be consistent. Calls for late payments should be first made by the salesman, then by the credit manager. If necessary a lien should be filed with necessary information collected as early as possible.

Methods, Finance, Hardware stores, Credit management

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Varied customers, materials dominate Building Products Expo

Article Abstract:

Attendees at the 1996 National Building Products Expo & Conference comprised of people from such diverse segments as home center chains, lumber yards, remodelling and builders. To attract chain buyers, building products vendors strived to create an environment that is friendly to retailers. Among other things, they offered do-it-yourself kits the varied customers. Home center chains tried to appeal to remodellers by offering a wide assortment of new products.

Author: Shuster, Laurie
Building materials industry, Exhibitions

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Hardware: ADA-compliant products in line for growth

Article Abstract:

A major growth market is expected for hardware stores and home centers as manufacturers strive to produce products that will comply with the Americans with Disabilities Act. The requirement that public accommodation make their services and goods accessible to people with disabilities has led to the development of such things as barrier-free door closers, lever-handled door locks and grab bars.

Author: Washburn, Dan
Product information, Hardware industry

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