Monthly Archives: September 2010

Debt-collector bullies at it again

Liz Pulliam Weston wrote a story for MSN to promote her newest book and she starts out by saying: “Collection agencies are taking even flimsy cases to court — and if you don’t show up, they might enlist the police … Continue reading

Share
Posted in Business Credit, Compliance, Dealing with debt collectors, Debt Collection in the News, Economic Crisis, Education, Fair Debt Collection Practices Act, Getting Paid - Michelle Dunn - Business Finance Columni, Heard on the Street..., Honesty & Integrity, Laws, Legislation, Purchasing Debt, Recession, The Life of a Bill Collector | Tagged , , , , | 5 Comments

Strengthening your Cash Flow in a Struggling Economy

Businesses on Main Street are scrambling to pull together their credit policies and make them stronger.  Even though Wall Street claims the recession ended last year, (last year!) that is not the reality here in our community or in the … Continue reading

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

Effective Contracts for your Business

When I write a contract or need to sign one and don’t have the funds to hire an attorney to look it over I do a few different things. Being willing to negotiate on a line item is important, and … Continue reading

Share
Posted in Ask Michelle, Business Credit, FAQ's, Starting a Collection Agency | Tagged , | 1 Comment

How Financial Reform affects your Business – Part Five

When you look at the big picture of small business owners out there, how many of them do you think will survive the next five years?  Will yours fall by the wayside and be replaced with one of the many … Continue reading

Share
Posted in Business Credit, Credit Crisis, Economic Crisis, Heard on the Street..., Recession | Tagged , , , | Leave a comment

How Financial Reform affects your business – Part Four

Something to look out for based on this new bill is that because of all these new changes, experts think it may be harder to obtain a loan at all, since the banks will not be making as much money … Continue reading

Share
Posted in Business Credit, Credit Crisis, Economic Crisis, Laws | Tagged , , | Leave a comment

How Financial Reform affects your Business – Part Three

Another affect of this financial reform bill is that the mortgage industry will also be changing and this can affect your business if you have a mortgage in your business name. There will now be mandatory verification for mortgages, your … Continue reading

Share
Posted in Business Credit, Credit Crisis, Economic Crisis, Heard on the Street..., Recession | Tagged , , | Leave a comment

How Financial Reform affects your Business – Part Two

As a business owner there are some things you want to be aware of with the passing of this financial reform bill. One is that if you applied for and were rejected for a loan or you were denied a … Continue reading

Share
Posted in Business Credit, Credit reports, Economic Crisis, Heard on the Street..., Laws, Legislation | Tagged , | Leave a comment

How Financial Reform affects your Business – Part One

As you know financial reform is well on its way but what does this mean for you, the small business owner?  How will this reform affect or change the way you do things? The financial reform bill is supposed to … Continue reading

Share
Posted in Credit Crisis, Economic Crisis, Heard on the Street..., Legislation, Recession | Tagged , , , | Leave a comment

Getting Paid Using Social Media – Now Available!

Award winning author and columnist, Michelle Dunn has just released a timely book based on a class she teaches called Getting Paid Using Social Media, using social media in collections. Social Media has taken over the internet – 95% of … Continue reading

Share
Posted in Being a Great Collector, Books, Collection Tools, Debt Collection in the News, FAQ's, linkedin, Online Collection Techniques, Online payment options, Social Networks, Training | Tagged , , , , | Leave a comment

Starting a debt collection agency

I have been in the  collections/accounts receivable industry for the past 10 years .   I’m  interested in starting my own collection agency, can you give me any resources or tips? If you haven’t picked up a copy of “Starting a … Continue reading

Share
Posted in Ask Michelle, FAQ's, Starting a Collection Agency | Tagged , | 7 Comments