Monthly Archives: July 2010

Why can't you get approved for a loan?

Many people who are thinking of starting a collection agency approach the bank for a small business loan.  right now with the new financial reform bill being put into action and the economy still struggling less small business owners are … Continue reading

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Posted in Business Credit, Economic Crisis, Recession | Tagged , , , , | 1 Comment

Marketing in the financial Industry – how its working for me

офис столовеI have had the honor of being asked by Atlantic Publishing Company to write the foreword of a book that I contributed to for them called “How to Own and Operate a Financially Successful Collection Agency”. I just finished … Continue reading

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Posted in FAQ's | Tagged , , , , , , | Leave a comment

Should you charge late fees?

As more and more customers become past due or try to delay payments 35% of the financial professionals surveyed by the Arketi Group, say they have started adding late fees. This could be a good way to have those customers … Continue reading

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Posted in Business Credit, Credit Policy Questions | Tagged , | 5 Comments

3 Tips to prepare you for the end of the Recession

My Top 3 tips to make sure you are prepared as the Credit Crisis comes to an end: Look into e-invoicing or emailing your invoices and statements to customers that are open to receiving them this way.  An alternative is … Continue reading

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Posted in Being a Great Collector, Credit Crisis, Economic Crisis, Getting Paid - Michelle Dunn - Business Finance Columni, Recession | Tagged , , , , , | Leave a comment

Confessions of former debt collectors – CNN Money

I am excited to share that I was interviewed by CNN Money this week and they have written a story on their website called “Confessions of former debt collectors -These people share their experiences in the collections industry — and … Continue reading

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Posted in About Michelle Dunn, Being a Great Collector, Dealing with debt collectors, Debt Collection in the News, Heard on the Street..., Recession, The Life of a Bill Collector, Working at a Collection Agency | Tagged , , , , | Leave a comment

When will the Credit Crisis end & are you prepared?

During these tough times credit managers everywhere are having a harder time than ever screening potential customers, setting credit limits and effectively getting paid.  Most businesses ignore or neglect the credit and collections function until it is to late or … Continue reading

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Posted in Being a Great Collector, Credit Crisis, Debt Collection in the News, Economic Crisis, Getting Paid - Michelle Dunn - Business Finance Columni, Online Collection Techniques, Online payment options, Recession | Tagged , , | Leave a comment

MicroCredit-NH hosts 2010 Entrepreneurial Exchange North

Mark your calendars! Entrepreneurial Exchange North, the premier training and networking conference for New Hampshire’s smallest businesses, takes place Monday, August 16 from 8:30 a.m. to 4 p.m. at the Common Man Inn and Spa in Plymouth. The popular event … Continue reading

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Posted in About Michelle Dunn, Ask Michelle, Business Credit, Expo's & Trade Shows, Networking | Tagged , , , , , | 2 Comments

How many people use Social Networks?

Over 500 million people have a Facebook Account. 50% log on at least once a day. More than 20 million people join Facebook each day. More than 5 Billion pieces of information are shared and uploaded weekly. The amount of … Continue reading

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Posted in FAQ's, Heard on the Street..., linkedin, Online Collection Techniques, Random posts, Social Networks | Tagged , , | Leave a comment