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Small Business Owners invest in their business and provide a large portion of job opportunities, by taking risks and investing their blood, sweat & tears into bringing their dream to life! By taking into account and identifying potential risks, aVeriFact arms them with facts to protect their investment & continue to succeed. What the entrepreneur doesn't know can adversely impact the success of their business.
Before engaging in a business relationship, small business owners should make an investment to identify potential risk early in the decision making process through a combination of database and/or direct search of public record sources. Whether you are considering a new employee, new supplier/vendor, new subcontractor, new large customer, borrower or acquisition...facts are necessary in determining the likelihood of success.
During. The Entrepreneur should periodically conduct an audit of important relationships: Key employees, suppliers, customers and borrowers. We can check for any material changes in circumstances that could impact their ability to meet obligations or conduct their duties effectively. A lot can happen in 1-3 years that the small business owner should be aware of before it comes to their attention through negative actions made out of desperation. A small investment now can prevent a large loss later.
After engaging in a business relationship, circumstances can deteriorate and lead to a decision to end the relationship. Should that include funds owed on past due A/R, potential litigation or an actual judgment, we can identify options for recovery via an Asset & Liability Search. No sense in throwing good money after bad in an effort to collect or sue (hourly attorney rates quickly add up), a small investment to find out if there is anything viable to recover first can quickly determine the best course of action for the small business owner.
How? Because we are a Small Business. We understand the challenges, the investment of your time, resources and sweat into making your business a success through good times and challenging times. We also know what happens when you inadvertently partner with individuals and companies that don't have the same drive and passion to succeed that you do. By providing our fellow Small Business Owners with the option to conduct due diligence Before, During & After engaging in a business relationship to identify potential risk (or potential recovery), we enable you to make informed decisions based upon verified facts. You know your business and we know where and how to find the information you need to protect it and your investment!
Small Business Sticks Together to Succeed!