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Atricle Dump - Tips for Collecting Your Past Due Accounts Receivable: Create a System
Fulfillment Companies
Although companies have much in common with one another, they also differ in many ways. Some companies are large, some are small and some operate in only one product area, others operate in many diversified areas. Some operate in a small geographic area whereas others do business in many countries of the world. To cope with these varied objectives, strategies and situations, companies ad
the same standard. Why on earth should we feel guilty calling our customers to ask for OUR money? I don't know,Although companies have much in common with one another, they also differ in many ways. Some companies are large, some are small and some operate in only one product area, others operate in many diversified areas. Some operate in a small geographic area whereas others do business in many countries of the world. To cope with these varied objectives, strategies and situations, companies ad
The Big Question - Why Don't Middle Managers Know How to Lead
This question appeared on a blog recently, and of course it caught my interest as it was framed in terms of Emotional Intelligence.I maintain the answer is quite simple: because no one ever taught them how. Now, let me say that I don’t know that middle managers don’t know how to lead. In fact I know many who DO know how to lead, and it is one of the most difficult jobs there is
One of the biggest drains on the cash flow of small businesses is the slow collection of accounts receivable. In cases where accounts receivable are out of control, you can bet that cash flow is out of control as well. I don't know about you, but the folks I have to pay are not very concerned with whether or not I am getting paid in a timely manner. They want their money. Why is it then that we have such a difficult time holding our customers to the same standard. Why on earth should we feel guilty calling our customers to ask for OUR money? I don't know, This question appeared on a blog recently, and of course it caught my interest as it was framed in terms of Emotional Intelligence.I maintain the answer is quite simple: because no one ever taught them how. Now, let me say that I don’t know that middle managers don’t know how to lead. In fact I know many who DO know how to lead, and it is one of the most difficult jobs there is
Your First Million Is Closer Than You Think
Reaching millionaire status used to seem like an incomparable task reserved only for the intellectually gifted or the insanely lucky. However, these days obtaining a million is becoming less and less of a feat. I was shocked by the number of millionaire's that actually exist in the U.S. today. It is estimated that over 2,770 new millionaire's are created per day (in the U.S. alone!). Ho
cases where accounts receivable are out of control, you can bet that cash flow is out of control as well. I don't know about you, but the folks I have to pay are not very concerned with whether or not I am getting paid in a timely manner. They want their money. Why is it then that we have such a difficult time holding our customers to the same standard. Why on earth should we feel guilty calling our customers to ask for OUR money? I don't know,Reaching millionaire status used to seem like an incomparable task reserved only for the intellectually gifted or the insanely lucky. However, these days obtaining a million is becoming less and less of a feat. I was shocked by the number of millionaire's that actually exist in the U.S. today. It is estimated that over 2,770 new millionaire's are created per day (in the U.S. alone!). Ho
Logistics At Dell
In the business world the method that a particular company uses to get its products from the factory to the consumer varies. These methods are very sophisticated and often define the profitability, quality and ultimately the success or failure of a particular business. One particular logistical system that is interesting is the system that Dell uses to deliver its computers from the fa
t know about you, but the folks I have to pay are not very concerned with whether or not I am getting paid in a timely manner. They want their money. Why is it then that we have such a difficult time holding our customers to the same standard. Why on earth should we feel guilty calling our customers to ask for OUR money? I don't know,In the business world the method that a particular company uses to get its products from the factory to the consumer varies. These methods are very sophisticated and often define the profitability, quality and ultimately the success or failure of a particular business. One particular logistical system that is interesting is the system that Dell uses to deliver its computers from the fa
Customer Relationships Within the Evolved Organization
Sustainable business practices are emerging as a priority within forward thinking organizations. These practices apply to many dimensions of the organization, ranging from minimizing waste to encouraging employees to telecommute.Building sustainable customer relationships – the kind where customers feel a loyalty that brings them back again and again – is one such practice for evo
imely manner. They want their money. Why is it then that we have such a difficult time holding our customers to the same standard. Why on earth should we feel guilty calling our customers to ask for OUR money? I don't know,Sustainable business practices are emerging as a priority within forward thinking organizations. These practices apply to many dimensions of the organization, ranging from minimizing waste to encouraging employees to telecommute.Building sustainable customer relationships – the kind where customers feel a loyalty that brings them back again and again – is one such practice for evo
4 Easy Steps to Better Online Customer Support
Customer support is very important when you're running a business, whether your business is on or off the net. If your customer support is hopeless, you'll soon find your customers running away from you and worse, telling others to stay away too.If you're like many of us out there, the last thing you want to do is to spend the whole day replying to customer support emails. Here ar
the same standard. Why on earth should we feel guilty calling our customers to ask for OUR money? I don't know, but many of us do.Customer support is very important when you're running a business, whether your business is on or off the net. If your customer support is hopeless, you'll soon find your customers running away from you and worse, telling others to stay away too.If you're like many of us out there, the last thing you want to do is to spend the whole day replying to customer support emails. Here ar
The easiest thing to do is to put off contacting the customer for another day or two or worse, send a letter that either gets ignored or thrown in the trash. Most businesses take the easy way out. A short impersonal letter asking for past due payment helps you to feel as though you are doing something about your problem and also helps you avoid the personal conversation with your customer. Unfortunately, letters while bett
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