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Assessment of Risk at Renewal - Be Aware of Changes in Your ...

Sue McConnachie   |     Oct 01, 2019

A change in corporate status, increased debt, defaulting with the Canada Revenue Agency and creditors, decreased liquidity, delinquent activity, a change in the corporate name or in the jurisdiction in which your tenant can do business - these are just some of the many changes that could occur from the time your tenant signed their original lease to the time they sign their renewal.

Being unaware of these changes could be detrimental to your continued success in property management.

That is why you need to treat each renewal tenant as you would a prospective tenant, screening them prior to renewing.

Approve Your Commercial Prospective Tenant with a Comprehens...

Sue McConnachie   |     Sep 13, 2019

Commercial credit reports help you assess risk so you can make an informed decision. They also offer a number of benefits to businesses.

Commercial credit reports help you evaluate companies, including corporations, partnerships, and sole proprietorships, as well as individuals, such as officers, directors, business owners, prospective partners, and consumers, across a variety of industries.

Choose Your Prospective Franchisee With Certainty. Can You A...

Sue McConnachie   |     Aug 27, 2019

Does Your Application Process Confirm the Financial Capabilities and Character of Your Candidate?

The success of your franchise depends on a number of factors, one of the most important being the people that represent your brand. Recruiting the best franchisee for your operation is critical to the success and reputation of your organization.

Do You Know How to Interpret the information Your Prospectiv...

Sue McConnachie   |     Jul 30, 2019

As a franchisor, you will typically ask for your candidate to complete and submit a credit application after your earlier screening procedures have been finished. The information you are provided should be detailed and accurate, supplying you with every piece that was requested. It is critical that you be able to pinpoint the areas of greatest significance in order to make your final decision about the prospective franchisee an informed one.

How Can Property Managers Benefit By Using In-Depth Credit R...

Sue McConnachie   |     Jul 16, 2019

All areas of commercial property management can be exposed to risk. To mitigate these risks, it is important to take advantage of all the tools available to you whenever possible. 

Can You Rely on Your Conventional Screening Process to Tell ...

Sue McConnachie   |     Jun 27, 2019

Recruiting the best franchisee for your operation is critical to the success and reputation of your organization. You need to eliminate the risk of selecting the wrong candidate at every step of the way. As a franchisor, you have invested in developing a business model that will attract only the best franchisees and the steps taken in the selection process are essential to positive results.

Why Is It Important To Use In-Depth Investigative Credit Rep...

Sue McConnachie   |     Jun 10, 2019

A credit report is a collection of information that details a company’s, or individual’s, financial and credit history. It provides a risk assessment tool when you are considering commencing business opportunities with vendors, manufacturers, customers, agents, partners, prospective tenants, franchisees, etc.  

While both investigative and database approaches will help you and your company evaluate risk, the two methods of credit reporting differ in many ways. 

How Can I Locate Assets in Order to Collect on an Outstandin...

Sue McConnachie   |     May 31, 2019

You need the best information possible prior to launching a legal action against a debtor or attempting to enforce a judgment. The defendant’s financial worth will significantly impact the likelihood of recovery.

Who Are the Tenants You Are Inheriting with Your Income Focu...

Sue McConnachie   |     May 17, 2019

When working in real estate advisory or the commercial property investment industry, due diligence is critical to a successful purchase. This is especially true when it comes to assessing the value and quality of an existing commercial tenant base and the future income stream of the property. 

5 Questions to Ask Before Approving Your Franchisee Candidat...

Sue McConnachie   |     Apr 26, 2019

The success of your franchise depends on a number of factors, one of the most important being the people that represent your brand.

You don’t just want your customers to have a great experience, you want them to enjoy the same high-quality customer service no matter which franchise they enter, and that means you need reliable, professional and dependable franchisees representing your brand. 

    Quality Credit Reporting is North America’s premiere credit reporting agency, committed to providing unparalleled, high-quality reports and services.

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