When in a roller coaster economy that has seen jobs eliminated it ensures collection agencies will be enforce when people cannot pay their bills. Unfortunately, just because a company closes or you lose your job it doesn’t stop the bills from still needing to be paid. 7 Questions to Ask a Collection Agency. You as…
Don’t Pick the Wrong Collection Agency. Here are 6 tips to help you make the wisest choice of a collection agency. When you are in the process of retaining a collection agency to collect overdue bills you have several things to consider. We want to make sure you are getting the biggest bang for your…
How to Create Your Family Budget Learn simple tricks how to create your family budget. If you are single the job is much easier. Singles tend to have a pretty good handle on what they earn and what they have for expenditures. Creating a Family Budget is an entirely different animal. Families typically have multiple…
Why do collection agencies exist you ask? No matter how great the company, there are going to be bad debts. A Collection Agency exists to assist the business owner in securing that unpaid debt. No business is too small or too large to have delinquent accounts. If the company continues to try and collect on…
Signs you need to Outsource Collections – As any business owner knows running your own business is not easy. It not only takes a large investment but it is an extreme investment of your time. You have to make sure things are running smoothly and successfully. As business owners, the last thing you want to…
Hiring A Collection Agency – Unpaid Invoice – Your client is really late on paying their invoice….. Now what do you do? Typically you would send them a reminder and possibly a second reminder….. Let’s say hypothetically “ABC Office Design” a St. Louis based Office Furniture company wins the contract to supply and new office building…
Did you know there are 5 important things you need to know about debt collectors? Your strategy to resolve a debt can be adjusted accordingly depending on the type of debt you are dealing with. Working with a 3rd Party Debt Collection Agency The industry is large so there are thousands of companies that collect…
Educated 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…
Why Outsource? Outsourcing is a GREAT way for companies to save money and time! It is a process of using a third party company or companies to help lower labor costs and improve productivity. Outsourcing can be local or out of the country. You really need to build your list of pros and cons to…
While many people have heard of collection agencies, and even have had to work with them before, not very many people know exactly what collection agencies do or what they have the capability to do. Check out these four facts about the role collection agencies play for business owners.