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» 2008Jul 20, 2008
You can immediately improve your collections if you follow these 4 steps right away with the accounts that have the largest past due balances. You called John Smith this morning for the 18th time and left another …
Tagged: i have past due customers what do i do, collecting more money
Jul 16, 2008
I found a great weblog for small business owners and ran across this great post I wanted to share with you because it simply explains something that every business owner who is avoiding calling a past due customer …
Tagged: creating a credit policy, new accounts, preventive maintenance
Jul 15, 2008
The Better Business Bureau knows that a recession is a worrisome time for small business owners everywhere. I found some great tips on their website that can help you make it through this downturn. 1. Cash flow is …
Tagged: how the economy affects your business, recession 2008
Jul 12, 2008
BusinessWeek knows it is harder now, particularly for small companies with limited resources to collect from their past due customers during this troubled economy. They interviewed me for a story on this topic a …
Tagged: debt in the news, collecting more money, how the economy affects your business, recession 2008
Jul 4, 2008
How well do you know your customers? I bet you think you know them pretty well. If you don’t know enough about them you can end up with a pile of unpaid invoices and no idea how to recover the money they owe you or the …
Tagged: checking credit, creating a credit policy, preventive maintenance
Jul 2, 2008
In the May issue of Consumer Reports under the Viewpoint column where they give the consumers perspective I found a great little "letter" that could be from any one of our banks. I wanted to share this with you since …
Tagged: business credit, ridding your business from debt, debt in the news, ethics and integrity
Jul 1, 2008
I ran across a press release for a company called Striata which is offering electronic credit and collections solutions for business owners. I had never heard of this company and have never done business with them, but …
Tagged: business credit, effective billing
Jun 28, 2008
Credit managers are in high demand right now. The economy is forcing business owners to look at other ways to make money. Collecting from past due customers is one of the most resourceful ways. But what do you need to …
Tagged: checking credit, creating a credit policy, what makes a good collector
Jun 26, 2008
Some accountants are beginning to advise their clients on more than just number crunching issues. Some are adding the title "Business Advisor" to their list of services and advising their clients on credit and …
Tagged: business credit, creating a credit policy, i have past due customers what do i do, debt in the news
Jun 20, 2008
More and more lenders, which is you if you extend credit, are getting more personal as they check people's credit. They are scrutinizing applicants jobs and where they live. This could be something you should consider …
Tagged: checking credit, creating a credit policy, preventive maintenance