Debt Collection Agencies don’t make headlines that often, but when they do, it can be shocking! Here’s one scary example: “Debt Collector Sets Up Fake Courtroom to Collect Debts.” Such headlines give the debt collection industry a bad reputation and might even make a business owner question whether to use them. You’re right to be…
DetailsMaintaining a sound financial footing in the midst of our sluggish economy and Congress’ recently passed tax bill can be a real challenge for small business owners, especially during budget planning season. Highlights of the Tax Hike Prevention Act of 2010: Adds $858 billion to the national debt Two-year extension of Bush-era tax cuts Extends…
DetailsThere is a Chinese proverb that begins with “The best time to plant a tree was 20 years ago.” Does that resonate with you the way it does with me? Think of all the things you wish you would have done much sooner or more effectively. Now, think about your business, its cash flow and…
DetailsWe pointed to some desirable qualities of a professional collection company in the post: Debt Collection for Improved Profit Recovery and Client Retention. Taking the Fair Debt Collections Practices Act (FDCPA) to heart is in part evidenced by results pointing to the company’s commitment to ethical standards. And that’s just one piece of walking the…
DetailsConsider your AR balance. Is it higher than you’d like in these difficult economic times? Managing positive cash flow and client receivables is a vital aspect of running a successful business. And, if you’re like most businesses, maintaining good client relations, keeping your customers happy and coming back is also a top priority. Unfortunately, without…
DetailsDifference makers are everywhere. We can point to the stars of the latest World Series championship team, the San Francisco Giants as fresh proof. Players like Edgar Renteria smashing a 3-run homerun to win the series in just 5 games over the Texas Rangers comes readily to mind. And then of course there’s “The Freak”…
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