Being a small business owner is a rewarding endeavor but it does come with a mountain of challenges. Often, some of those challenges come when it’s time to get paid. Collecting on debt is an important and vital part of any business. It might not be glamours and can even be a little uncomfortable, but […]
Every business owner wants to make a profit. That’s why you’re in business in the first place, right? There may come a time when your customers don’t pay on time, or even worse, don’t pay at all. You may be tempted to shrug it off if it only happens once or twice, but what happens […]
As a business owner, there are few things that are more frustrating than a customer not paying their bills on time. With all of your other responsibilities, making time for the debt collection process can be stressful. This is one of the many reasons why so many small businesses turn to collections agencies to help […]
If you’ve never used a debt collection service for your business, you may have many preconceived notions or questions about what a debt collection agency does. Debt collection agencies have a negative stigma attached to them, and this is mostly due to the many myths that surround debt collection. Many businesses are afraid to use […]
As a business owner, it’s important that you get paid by your clients. Even though money isn’t everything, it’s essential in helping you run your business. But what happens if your clients don’t pay on time? What happens if days, weeks and even months go by and clients still haven’t paid their bills? As a business owner, […]
As a business owner, you’re ultimately responsible for managing the money coming into your company. If you’re in a field where you’re unable to collect payment in full, when the product or service is rendered, you likely have experience with clients not paying their bills on time. When a client doesn’t pay on time, you […]
One of the most important aspects to owning and running a business is getting paid for the products and services you deliver to your clients. Sometimes, you’re unable to receive payment in full from the client from the beginning, especially if you’re in the medical field. Not all clients are forthcoming with payment, requiring businesses […]
If you’re a business owner in a field that deals with debt collection often, it’s important to know what a debt collection agency does and the laws that govern debt collection.
What does a debt collection agency do?
A debt collection agency is a company that regularly collects debts owed to others. A vast majority of the […]
If you’re a small business with limited staff, chances are you have so much to do and not enough time to do it all. From processing payroll to delegating tasks, just thinking about calling customers to ask for past due bills to be paid can be daunting. As an account ages, the chances of collecting […]
In order to keep your business afloat, you must collect payment for the products or services you render. Unfortunately, not all customers are reliable. If you’re a business owner, you likely have very little time on your hands. You may not have the time to make frequent telephone calls or to write letters in an […]