Your intentions in keeping debts in-house are likely good. We often hear from customers who’ve let debts languish, believing they’d save money or that using a third party would alienate their customers. However, just the opposite is true. Here are the top 5 ways a reputable professional debt collection agency can improve profit recovery. 1…
Cash flow is important for any business, but for small businesses, it might be critical to survival or growth. Many smaller businesses often don’t have adequate staff to dedicate to this and don’t have accounts receivable management services or systems to deal with the specific situations they might encounter. If your small business has cash…
Is your cash flow really flowing? How do you collect debt to keep the cash flowing? You company’s access to cash and credit is important, and may become critical if anything unexpected happens. To keep your cash flow management smooth, you need to measure it, improve your accounts receivable numbers, and prepare to withstand shortages. Measure Cash Flow…
What a dirty word, nobody wants to say it, I can only whisper it, accusing someone of it puts you out on a ledge, and many historians, authors and journalists have lost face, credibility and jobs because of it. Ever heard of Stephen Ambrose? Let’s get it out of the way right up front, as defined…