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Atricle Dump - Using Commercial Collection Agents As A Business Tool
If you have ever went jobhunting, which of course most of us have, chances are your search began on the World Wide Web. Unless of course you predate the Internet. Truth be told, there are scores of career websites filled with hundreds of thousands of jobs. There are absolutely tons of jobs available in every industry imaginable. You just need to know where to look, and what to look for. But if I were to pick one industry that never seems to have a dearth of jobs, I would select advertising jobs for that position of honor.Advertising jobs will never go away
Does your hiring process consist of proven practices or just a hodgepodge of activities that get into gear when someone says, “I need more people” or “Sally has left and we need someone to take her place NOW?”Smart hiring is more than running ads, screening, interviewing and checking references. It is a series of specific procedures that can work well or create bottlenecks and inefficiencies. Here are eight steps to improve your hiring success rate.Step 1: Begin With a Discussion Not a Job Description. Find out what is really needed
Lawsuits should be used as a last resort when attempting to collect money owed. Any lawyer will tell you that a lawsuit is a very inefficient and expensive way to resolve debt issues. You also lose control over many issues because a judge and/or jury will be making the decisions instead of you. The use of a collection agent can also be expensive but their use can keep you in control and in most cases a lot quicker. As amazing as it may sound, most small business owners would rather lose the entire amount owed on a debt rather than giving a collection agent a third (33%) of that debt to collect it. The way I see it is that 67% is a heck of a lot better than 0%. I mean, I actually get excited when one of my accounts goes to collections because I know it will be paid soon. My collection agent is a "Pit Bull" and there is absolutely no one that can handle his constant badgering and harassing. I am talking about Business to Business collections. In most states there are no laws protecting businesses from collection agents like there are for consumers. Therefore they can be forced into paying.
Here are ways to limit the use of a Collection Agent and collect your past due accounts.
Don’t extend credit!
First of all, the best way to prevent the use of a collection agent is to not extend credit in the first place. This can be achieved by explaining to the customer that the terms are COD and asking him or her to either bring a check with them or making sure they have a check on site to give to your service technician. It’s nothing personal and most other small business owners understand the importanc
FeedbackIf I was thinking of buying stocks and shares in a company - or more importantly buying products from them - I would try to find out how good they are at dealing with customer complaints. Many companies groan at the thought of complaining customers. More enlightened companies welcome, even encourage, complaints. Why? Because a complaining customer is providing a company with an invaluable service. At a stroke they are giving valuable feedback, quality control information and are more often than not, giving you a chance to put a problem right. The use of a collection agent can also be expensive but their use can keep you in control and in most cases a lot quicker. As amazing as it may sound, most small business owners would rather lose the entire amount owed on a debt rather than giving a collection agent a third (33%) of that debt to collect it. The way I see it is that 67% is a heck of a lot better than 0%. I mean, I actually get excited when one of my accounts goes to collections because I know it will be paid soon. My collection agent is a "Pit Bull" and there is absolutely no one that can handle his constant badgering and harassing. I am talking about Business to Business collections. In most states there are no laws protecting businesses from collection agents like there are for consumers. Therefore they can be forced into paying.
Here are ways to limit the use of a Collection Agent and collect your past due accounts.
Don’t extend credit!
First of all, the best way to prevent the use of a collection agent is to not extend credit in the first place. This can be achieved by explaining to the customer that the terms are COD and asking him or her to either bring a check with them or making sure they have a check on site to give to your service technician. It’s nothing personal and most other small business owners understand the importan
One of my previous careers was selling cars. I have had about 15 jobs in my lifetime and that was one of the hardest in many ways. Prior to selling cars I was in restaurant management so it was a completely new experience. One plus factor to a car sales career is that it is easy to get that kind of job. My local paper had dealer help wanted ad’s suggesting huge pay with no experience required. The first place I applied to offered me a job after a five minute interview. I went downtown for a license and started the next day. Auto dealers usually pay straight commissi
Here are ways to limit the use of a Collection Agent and collect your past due accounts.
Don’t extend credit!
First of all, the best way to prevent the use of a collection agent is to not extend credit in the first place. This can be achieved by explaining to the customer that the terms are COD and asking him or her to either bring a check with them or making sure they have a check on site to give to your service technician. It’s nothing personal and most other small business owners understand the importan
Your boss called you in and said you are difficult to get along with and are causing problems not only for him but for other people in the office. He says you resist direction and don't take criticism well. And he says you're too critical of everybody else. But you really think he's exaggerating. You think the people around you are more of a problem than you are, but on the other hand, your wife or girlfriend says the same thing about you that your boss does. What do you do?Listen to what these people are saying. There's an old saying that if one person tells
Here are ways to limit the use of a Collection Agent and collect your past due accounts.
Don’t extend credit!
First of all, the best way to prevent the use of a collection agent is to not extend credit in the first place. This can be achieved by explaining to the customer that the terms are COD and asking him or her to either bring a check with them or making sure they have a check on site to give to your service technician. It’s nothing personal and most other small business owners understand the importan
They started out as a small, family owned retailer and gradually began to spread beyond its small town roots to towns across America. Along the way they changed the company’s name and quickly became known for offering low prices on a wide variety of items. Consumers flock to them and they are opening more stores annually in the US than any other retailer. I’m talking about Wal-Mart, right? No, Dollar General! Let’s take a closer look at another one of America’s retail success stories, the Dollar General Corporation.J.L. Turner was a man toughened by life’s di
Let your customers know you mean business right out of the gate!
Secondly, if you must extend credit you need to tell them that you expect to be paid as soon as possible and that they shouldn’t wait 30 days. Put “Payable Upon Receipt” on the invoice. Let your customers know right away that you will do everything in your power to collect the debt and that you intend on getting paid. It needs to be clearly spelled out on your job tickets, contracts and invoices. This should also be explained verbally. I always say something like “sorry I couldn’t take your call, but I was on the phone with our collection agent” or “my lawyer” or something to that affect and then I start discussing how I would never leave another small business owner hanging for his/her money. Don’t direct it towards them but discuss the problems that non payment causes and how much you despise a deadbeat.
Use a quality looking invoice system!
Third, you need a competent invoicing system. This includes quality invoicing software. Your invoices should be printed on quality letterhead and should always include a number 9 return envelope pre-addressed with your company name and logo on it. Your invoice package should scream o
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