Monthly Archives: October 2017

EFFECTIVE COLLECTING

Often small business owners, particularly those that have built a rapport with regular customers, will err on the side of caution when it comes to collecting on overdue accounts fearing that alienating current clients is too high of a risk

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Get Organized, Get Paid

Some businesses have slow-paying customers or past due balances because they didn’t “train” their customers in the beginning. It is important that your customers know your credit policy and/or terms of payment before they become customers. Reiteration of your credit

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Sending Accounts to Collections

It’s a good idea to have a collection policy in place so that when an account should go to collections you are prepared. If there is a firm date for writing the account off (whether it be 60 days, 90

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