Do you know the lifetime value of your client? Each client has an economic value. Do you know yours? There is not right or wrong answer but you do have to know. When someone makes a purchase is it a onetime purchase or is it several purchases. Example if you were a chiropractor the initial…
DetailsEducated Business Owners Hire A Collection Agency: This will make all the difference in who you choose and why. This is the time to ask for help so you can make an educated decision based on facts. Make sure you have good Information When working with customers make sure you get as much as information…
DetailsWe know there are many more than 7 ways to keep motivated but less start with these 7. Don’t let anyone rain on your parade! Finding your passion gives you the strength you need to get started but what will fuel your fire to keep you motivated? It’s when the going gets tough that many…
DetailsTake advantage of a collection agency because EVERY buѕіnеѕѕ, аt оnе time оr аnоthеr, finds thеmѕеlvеѕ іn a ѕtаtе where they nееd to collect unраіd debts from сlіеntѕ. This саn bе uncomfortable, раrtісulаrlу fоr the ѕmаll commerce оwnеr whо may have a more рrіvаtе аѕѕосіаtіоn with thеіr clients. Tо еvаdе аnу hostile соnfrоntаtіоn аnd get…
DetailsAvoiding Information Overload: If you haven’t yet heard this phrase, information overload, you will soon – because it happens to the majority of professionals at some time or another. Information overload is when you simply have too much to learn – so much that you feel overwhelmed, frustrated, and more confused than before you had help.…
DetailsWhy should I hire a Commercial Collection Agency? At the heart of every business is having a happy customer and providing a service or product that keeps the customer coming back for more. However, with this buying power comes a downside that most business owner’s hope will never happen to them: having a customer that…
DetailsWish I had more time… Be honest, how many times have you said that? Do you say it weekly, daily or several times a day? That is typically a red flag that you are either not using time management strategies or the ones you are using are not working. Either way, it is clear…
DetailsWhat to look for in a Collection Agency and the RIGHT questions to ask! How long have they been in business? You want to make sure they have had experience working with all kinds of collection and not the Rookie Business. Where Can they do Business? Make sure you have contacted a collection agency that…
DetailsBusiness Etiquette? In today’s society, common courtesy is unheard of. In Business it is not an option. Always be prompt. Plan a few extra minutes in case you run into an unexpected issue. A handshake is always appropriate. Keep in mind a good firm (not debilitating) handshake is necessary if you want to be perceived…
DetailsSave money using a collection agency when you know what to look for. Many times collection agencies (debt collectors) have a specific area of expertise. For instance some have certain industries like medical, retail or manufacturing while others it depends on the size of the business and how much debt they are looking to collect.…
Details