There isn’t a business out there that is immune to slow payers or non-paying customers, but what can you do to prevent this from happening? Keeping an eye on your customers’ accounts is an important part of preventing bad debt or payment problems. I would like to share some “red flags” with you that can help you identify when a customer is having financial problems or is just … [Read more...]
31 Days To Getting Paid On Time
Everyone has gone home to their families and here I sit in my office looking at the accounts receivable listings and shaking my head. So many customers are past due and I wonder how I can get my customers back on track to paying on time and in full. I have a pile of bills to pay but not enough cash coming in. I thought I was limiting my credit risk by only allowing friends … [Read more...]
Starting a Collection Agency, How to make money collecting money Third Edition
Debt creditors are a very important part of the american economy and listed here are the numbers to end up it. Debt collectors have a nasty rap but debt collection is a very powerful to an efficient market economic system. overall consumer bad debt costs every adult in the U.S. three every year. For the common non-supervisory employee thats nearly 54 hours of work (sooner than … [Read more...]
Starting a Collection Agency
the best way to generate income collecting money, beginning a suite company Michelle Dunn, never Dunn Publishing, LLC, $29. beginning a trade is a daunting job, and starting a debt assortment trade is even tougher. between licensing, bonding, honest Debt choice Practices and so many more qualifications a debt collector starting his or her personal firm must face, the place … [Read more...]