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Crises may suddenly occur even when clients are successful in overcoming the crisis because they:
Retailer
A business that sells goods directly to consumers, typically operating out of physical stores or online platforms.
Note Receivable
An asset account on a company's balance sheet representing a promise by a debtor to pay a certain amount of money to the company in the future.
Written Promise
A formal pledge, often in the form of a document, affirming that one party agrees to perform or refrain from a specific action.
Short-term Receivables
Financial claims to cash due from customers or clients within one year, typically arising from the sale of goods or services on credit.
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