Best Practices for a Successful Business

In this presentation, we will explore the various strategies and best practices for managing the financial side of your business, with a focus on the crucial area of collections.

Attendees will learn how to :

• • Set up effective payment terms
  • Maintain accurate records
  • Implement efficient collection procedures
  • and Minimize bad debt.

We will also delve into the key principles of financial management and how to apply them to improve cash flow and reduce financial risk. Attendees will also gain practical insights and actionable takeaways that they can apply to their own businesses.

Whether you are a small business owner or a seasoned financial professional, this presentation will provide valuable information and strategies to help you navigate the complex world of financial management.

Presenter: Karen Tenenbaum, Tenenbaum Law, P.C.

An attorney for over 38 years, Karen founded Tenenbaum Law, P.C., which helps individuals and businesses facing IRS and New York State tax problems. Karen is a frequent speaker on IRS and NYS tax issues for numerous professional groups on topics such as New York State residency, IRS and NYS collections, and more. She speaks at Strafford, NCCPAP Accounting and Tax Symposium, NYSSCPA, CPA Academy, and many more. Karen’s knowledge and leadership have established her as a leading tax attorney in the NY area. She is Chair of the Suffolk Country Bar Association Tax Law Committee and Vice Chair of the NYSSCPA, Relations with the IRS Committee. Karen has been honored with various awards such as New York Super Lawyers, Top 50 Most Influential Women in Business Hall of Fame, Outstanding Women in Law, Top Lawyers, and Leadership in Law. Karen has been quoted in numerous articles in Bloomberg Business News, Money Magazine, and more on the topics of NYS Residency and NYS Tax Collection issues.