“When the world is running down
You make the best of what's still around.”
' The Police, 1980
As the holiday shopping season began this year, gloom-and-doom predictions greeted consumers and e-commerce firms alike.
e-Curing the Holiday Humbug
Anyone trying to keep an e-commerce site afloat didn't ' and still doesn't ' need to read the newspaper to realize the business downturn: the grim news appears every day in the cash till, in the aging-of-receivables report, and in overdue payables. While the down times are as inevitable a part of a business cycle as the booming times, that realization doesn't satisfy the bank, the critical vendor at the door or the payroll processor that must be paid.
By
Stanley P. JaskiewiczThis premium content is locked for LawJournalNewsletters subscribers only
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