Tag Archives: Delinquency rates

Why are Collection Agencies so Sketchy?

Every small business extending net terms will have to deal with a collection agency at some point during its operations lifecycle. Engaging a collection agency is almost always considered as the last option, a necessary evil that should only be … Continue reading

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Beat Your Competition In 30 days. Here is How:

What metric should you use to compare your business to your competition? There may be hundreds, maybe thousands of companies going after the same customers. Your product offerings, however, may be vastly different. You may not need as much marketing … Continue reading

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How to collect late payments

Here’s a typical story you can hear from almost any small business owner: the business opens up a credit line to a customer and decides to accept payment in 30 days. Customer buys something, promising to pay in one month. … Continue reading

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