Financial management is crucial for businesses of all sizes, ensuring effective utilization of resources and sustainable growth. This blog explores essential principles, strategies, and best practices in financial management to help businesses achieve their financial goals and navigate economic challenges. Importance of Financial Management Financial management involves planning, organizing, controlling, [...]
Client: A local construction companyIssue: Non-payment from a commercial clientSolution: Our team conducted a thorough review of the outstanding invoices and initiated direct communication with the client. After unsuccessful attempts to secure payment, we pursued legal action and obtained a favorable judgment in court.Outcome: Recovered 100% of the outstanding debt, [...]
Client: An export-import companyIssue: Unpaid invoices from an overseas distributor in a Gulf countrySolution: Our regional legal team collaborated with local counsel in the debtor’s country, leveraging Gulf trade laws and bilateral agreements. Through persistent negotiation and legal pressure, we secured a settlement agreement that included full payment of the [...]