Businesses sell products and services to make a profit. The income generated from sales is reinvested in the business for growth and maintenance. When customers do not make payments or delay payments, valuable time and money is lost trying to recover the debt.
Hiring a collection agency earlier in the debt recovery process increases the chances of recovering more of the unpaid debt in lesser time. However, in the interest of maintaining customer relationships, other ways of debt collection can ...
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A number of rather comical translation faux pas have been
brought to my attention over the past days. It is true ...
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The L.E.A.D.E.R. Way
INTRODUCTION
In June 1997,the Prime Minister of Singapore unveiled the
Government's vision of 'Thinking Schools, Learning Nation'
(TSLN). This vision was forged to improve Singapore's education
system in the light of the rapid changes around the world. The
Government foresees that Singapore, with its limited natural
resources, can only continue to progress by nurturing a
knowledgeable workforce that is adaptable to the changes in the
world economy. More importantly, the ...
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Under the Fair Debt Collection Practices Act, collectors are not
allowed to disclose a consumers past due debt to anyone other
than the debtor and in some cases a spouse. The Telephone
Consumer Protection Act would have required collectors to
identify the registered name of their business in any
pre-recorded messages to consumers or debtors. Since the name of
many collection agencies indicates that they are a debt
collection agency or that they are calling for the purpose of
collecting a debt, ...
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Businesses miss on growth opportunities and even close their
doors every day, not because they aren't profitable enough, but
because they are strangled by poor cash flow. The problem is
that while their profit and loss statement shows success, their
bank account cries poor. Excessive money tied up in delinquent
receivables, bad checks, and bad debt write-offs, rob businesses
of valuable cash flow, handcuffing their ability to grow or even
stay in business at all.
It doesn't take long for a ...
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Bootstrapping in the context of business start-ups refers to the
use of creative financing approaches such as leveraging personal
savings, credit-card debt, loans from friends and family,
bartering, and other means to launch a business. Some business
founders use bootstrapping because they have no other choice.
Just about anyone who has approached a bank has learned that
"only established businesses need apply." Bankers typically look
for cash flow, assets, an established customer base, and ...
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Are you a self-confessed shopaholic who buys anything and
everything that you get your shopping addicted hands on? Such
thoughtless and impulsive buying will most likely result in the
accumulation of a bunch of junk that will simply collect dust.
Can you even remember that silk scarf you just had to have and
since it was a virtual steal at 50% off you just had to buy it?
Where is it now and how many times have you actually worn it? Is
it still fashionable?
If you're like most people, chances ...
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It doesn't matter what a fantastic service your cleaning
business provides if no one knows that you exist. If you are
clever and motivated there are numerous ways to promote your
business that don't have to cost a bundle. Here are just a few:
* Always be prepared with an "elevator speech". When you meet
new people be ready to talk about your cleaning business and its
USP (unique selling proposition). Talk about the benefits you
offer as opposed to the services you provide. Let people know
how ...
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You've decided you need an LLC for your real estate investing or
small business. But the attorney wants several hundred dollars
or more to fill out the paperwork. Isn't there a cheaper way to
set up an LLC? You bet. You can do it yourself.
An LLC formation, by design, is very straight forward. To set up
an LLC, you file articles of LLC formation or articles of
organization with the state government agency in charge of
corporations and limited liability companies. This document is
sometimes a ...
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Please feel free to publish this article and resource box in
your ezine, newsletter, offline publication or website. A copy
would be appreciated at bobkelly@TNI.net. Word count is 1315
including guidelines and resource box. Robert A. Kelly © 2004.
PR That Entrepreneurs Often Overlook
If that sounds like you, here's what you may be missing once the
new enterprise is launched
Public relations that really does something about the behaviors
of those key outside audiences that most affect your ...
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Please feel free to publish this article and resource box in
your ezine, newsletter, offline publication or website. A copy
would be appreciated at bobkelly@TNI.net. Word count is 1130
including guidelines and resource box. Robert A. Kelly © 2004.
PR: Here's All You Need to Know
Above all, you need to know that the right PR can alter
individual perception and lead to changed behaviors.
Especially when you create external stakeholder behavior change,
the kind that leads directly to achieving ...
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By Catherine Franz
Jannice K., a past Virginia resident, now California resident,
worked in Burger King for ten years. Back when I was a junk food
addict, she passed me the bag and drink through the drive
through window. Occasionally, I would go inside to eat. We
became friends and soon had regular times together early
afternoons during her break. It wasn't long before I discovered
Jannice's real buried passion was grooming dogs. She sparkled
whenever the topic came up.
Later Jannice and I ...
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In Part One of this article we took a look at some minimum
recommendations for asset searches as a recovery medium. This
discussion is based on the assumption that an asset search has
already been determined to be sanctionable by, for example, a
loan in default, a judgment that has been rendered, a court
order obtained for the release of credit information in cases
that are not clearly defined under the FCRA or 'extended
consent' given in a creditor/debtor or employee - ...
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'Jill, this is Brenda, I'm sorry to have to tell you this, but
Olivia, your mom's aide, didn't show up this morning and we've
not found a replacement for her yet.'
I was livid, it was now 1:00 in the afternoon and I was just
being informed that my mother, unable to get out of bed without
assistance, was alone.
This was not the first time this home care company had failed to
fulfill their promises or to follow my directions and what made
it worse, it wasn't the first agency that I had hired.
I ...
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A nonprofit organization can take advantage of the Internet for
at least eight purposes:
publicity public education fundraising volunteer recruitment
service delivery advocacy research communication
Let us look at brief examples of each of these uses in turn.
Publicity
Good sites gain attention. Attention or awareness is exactly
what all non-profits need... it accelerates fund-raising
efforts, and enhances all the following essential needs:
Public Education
There's a fine line between ...
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It's a classic mistake for business owners. They start a
business that is focused on their product and not on the credit
end of their business.
Luckily, a popular new book by Michelle Dunn makes it easy to
solve this problem. The book, Become the Squeaky wheel, outlines
different types of credit policies that business owners can use
to create a customer-friendly credit policy. The goal is to have
more customers who pay on time which translates to higher or
more sales.
'You have a lot of ...
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Ok you have your business model, the I's are dotted and your T's
are crossed, and you're ready for the customers. But where are
they? As much as we would like to believe customers will flock
to your doorstep (or your web "doorstep") overnight, that is far
from the true. Granted there are the lucky few that are
immediate sensations, but for the rest of us...we have to
advertise.
What you say? You don't have a million dollar advertising
budget? You, my friend, are in luck! Below are ten ...
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How to use Three Step Direct Response Marketing By Abe Cherian
Copyright ? 2005
Three step marketing is a cost effective way for you to sell
your products or services. ...
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Sam Khan,MD Copy right: medjobcity Inc. 02/2004.
ursing shortage have been an issue for sometime now in
the country. The causes are varied and have been discussed in
many articles in the recent past.
The purpose of this article is to explore the strategies US
Hospitals are employing to overcome the nurse shortage. The
remedy of a problem is dependent on its cause. This is no
different here. Since the causes of shortage of nurses are
varied the possible solutions proposed are many too. ...
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So you are a small business person or web designer and you want
to purchase some stock photography for your website. Great.
Photography is a wonderful way to improve the emotional impact
of your site. But there are a few terms unique to the stock
photography business that you should know.
Royalty Free - you'll see this term often. What it means is that
you pay a one time fee for an image and you can use it for as
many times as you want for as long as you wish. It is a great
way to get ...
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