You don’t need an auto tiller to spread the seeds for a successful landscaping business. But as you know, a single instance of root rot can spread so quickly that it can kill your entire crop. Don’t let bad debt overcome you. Take root with these ideas on how to see more green. Trim and…
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Congratulations! You’ve made the sale but still haven’t collected full payment from your customer. What do you do now? You can either track down those non-paying customers yourself or hire a debt collection agency. Debt collection agencies often provide flat fee or contingency services. Flat fee is self-explanatory. But what is contingency? What is it &…
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Being an effective medical office manager has always required excellent organizational, communication and time management skills, but in today’s rapidly evolving landscape, you need more to get ahead. As the executive director of the Association of Professional Office Managers, Jim Lynch recently offered some important insights. We added a couple too, which can help you build…
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With sound and effective billing practices, companies can collect accounts receivables more promptly and reduce their default and non-payment rates all while increasing cash flow. The key to establishing billing practices that work is to identify repeatable principles and processes that yield predictable results, then implement them across the organization. Here is a short list…
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Once you’ve reviewed the marketing materials from any prospective collection agency, it becomes clear that there’s potential to save big money – or, at least, recover lost profit. So to distinguish between collection agencies, ask them what else they can do for you. A great collection agency can save you time and money, as well as ease…
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It’s that time of the year again. Faces are pointed up to the sky, your employees are talking about barbecues and midweek days off. While Independence Day fireworks are often celebrated and anticipated, fireworks caused by debt collection and patients with payments outstanding are an entirely different kind. The two “explosive” activities have more in…
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