Trade vulnerability is a growing issue for many industries in the American economy. Certain industries are at significant risk as tariffs are raised. This increased vulnerability could disrupt supply chains and impact the overall economy with an increase in payment delays or defaults. A new study by The Kaplan Group found that several specific industries … Read more
The debt collection industry is undergoing a transformative shift, driven by the rapid advancements in artificial intelligence (AI) technology. A new study by The Kaplan Group explores the impact of AI on debt collection, highlighting the key market trends, technological innovations, and operational benefits. Key Takeaway Market Overview The rapid growth projected for AI-powered debt … Read more
The B2B debt collection market is experiencing significant growth, as evidenced by clear, quantifiable data from reputable sources. A new study by The Kaplan Group provides insights into the market’s size, growth projections, and key segments in the debt collection industry. Key Takeaways Market Growth Projections The B2B debt collection market is on track to … Read more
The relationship between revenue quality and collection efficiency has become increasingly critical for sustainable growth. A new analysis by The Kaplan Group of eight leading SaaS companies reveals significant variations in how companies balance high-value revenue streams with effective collection practices, offering insights into optimal strategies for financial success. Key Takeaways Revenue Quality Revenue quality … Read more
A new study by The Kaplan Group explores the relationship between generational spending patterns and geographical cost of living. It also examines how location-based cost of living impacts savings potential more significantly than raw income, with lower-cost states demonstrating higher savings scores despite lower median incomes. Key Takeaways Generational Savings Potential Generational spending patterns reveal … Read more
A new study by The Kaplan Group, a commercial collection agency, examines payment collection trends among SaaS companies from 2020 to 2024, revealing significant shifts in payment patterns and operational efficiency. The software as a service (SaaS) industry’s financial health can be effectively gauged through its payment collection efficiency, particularly through metrics such as Days … Read more
In recent years, side hustles have gained significant traction as individuals seek additional income streams and entrepreneurial opportunities. A new study by The Kaplan Group examines search trends for various side hustles, the challenges associated with starting these ventures, and the geographic distribution of new business applications across the United States. Key Takeaways Dropshipping as … Read more
A new study by The Kaplan Group, a commercial collection agency, reveals a significant shift in the U.S. debt collection industry, which has seen notable shifts from 2019 to 2024, marked by a surge in public interest. This report explores these trends, highlighting state-level variations and national patterns as revealed by recent industry and search … Read more
A new study by The Kaplan Group analyzing Bureau of Labor Statistics (BLS) wage data provides insights into the disparities in salaries across states and occupations within the United States. By examining mean annual salaries, the study identifies the highest-paying states, occupations, and metropolitan areas. Key Takeaways Highest Salary in Massachusetts According to the 2023 … Read more
Student debt has become a significant financial burden, growing faster than any other form of debt for many individuals in the United States. A new study by The Kaplan Group aims to provide an overview of student debt across various states and majors, highlighting the top and bottom states in terms of average debt, the … Read more
When you are injured due to someone else’s negligence, the medical bills can quickly pile up. A car accident can lead to minor injuries that need to be treated, such as whiplash, or it can lead to more severe injuries, such as a broken spine. A slip and fall could lead to a simple twisted … Read more
Office loan defaults pose a high risk for major US financial districts, potentially signaling impending issues for large cities. A new study by The Kaplan Group analyzed office building data in key US financial districts to determine which are most at risk of a large number of loan defaults or even geo-centric office firesales. Districts … Read more
A new study by The Kaplan Group shows that the debt burden has reached an all-time high for American households. We analyzed the evolution of auto loans, mortgages, credit card and student loans since 2003. Key Takeaways All-time high Auto loans, mortgages, and student loans are at an all-time high since 2003. Although the total … Read more
We’ve gathered a detailed list of financial options, loans, grants, support networks, and other resources available to LGBTQIA+ entrepreneurs.
A new study by Kaplan shows that the average monthly search for “debt relief” on Google has grown by 49% in the past year, highlighting a national concern about managing financial obligations. This study identifies the states facing the most significant challenges and those with a potentially healthier financial landscape. Key Takeaways Search Interest for … Read more
If you’re a woman looking to start or expand your company, you may find this list of resources a great place to start.
It’s always exciting to land a new client, but when that client does not pay you and the debt adds up, excitement turns into anxiety and disappointment. It may be time to consider hiring a commercial collection agency. We all know managing a business and the cash flow process is a financial pain point. We’ve … Read more
When it comes to collecting commercial debt, getting mad almost never leads to getting even. But the concern extends well beyond your bottom line. How to be 30% less effective in collecting business debt It’s simple. Just allow yourself to get absolutely furious about the situation, and BOOM. Your ability to recollect your money drops … Read more
Veterans play a vital role in our economy, with veteran-owned businesses making up 9.1% of companies today. Their efforts employ almost six million Americans and a trillion dollars in annual sales receipts. While they tend to choose self-employment more often than their civilian peers, they still find challenges when it comes to securing funding to … Read more
Yes, it’s true. Debt collectors can now contact consumers on social media. Here’s the background and all you need to know about what debt collectors can and can’t do on social media. The History In November 2021, The CFPB made some long-awaited updates to the Fair Debt Collection Practices Act. The FDCPA was enacted by … Read more
