According to IHRSA’s Global Report 2023, approximately 80% of the IHRSA member clubs anticipate revenue and membership to increase by more than 5% in 2023. With increasing membership and revenue, it is very significant for gym owners to focus on efficiently managing...
In an era where the complexities of healthcare billing have increased, patients often find themselves navigating a sea of medical expenses and insurance nuances. Healthcare providers, on the other hand, grapple with rising patient bad debt due to an uptick in high...
Navigating the financial landscape of any organization requires an understanding of several crucial components. A pressing question that often arises is: “Is accounts receivable a current asset?” In this comprehensive guide, we’ll address this query...
The Fair Debt Collection Practices Act (FDCPA) is a federal law that regulates debt collection practices to ensure that consumers are treated fairly and respectfully. For businesses involved in debt collection or those who outsource this process, a comprehensive...
Emphasizing customer retention management (CRM) is now crucial in the highly competitive business landscape. For health and fitness businesses, having a strategic plan in place to reduce customer attrition rate is paramount as the cost of acquiring new customers is...
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