Net Collections Definition.

Net collections definition: The term “net collections” refers to the total amount of premiums collected by an insurance company, minus any claims paid out. This is the amount of money that the company actually has available to invest or use to pay operating expenses. How do you calculate collection percentage? The collection percentage is calculated … Read more

What Is Business Risk?

Definition, Factors, and Examples. -What are the risks associated with running a business? -What are some factors that can contribute to business risk? -Can you give examples of businesses that face high risks? How do you write a technical risk? When writing a technical risk, it is important to be as specific as possible in … Read more