Monthly Archives: January 2012

Make more money by offering customers payment options

It’s just good business to offer your customers options for making payments. These options can include payment plans, using credit or debit card, online payments, checks, cash, money orders, cashiers checks, automatic withdrawals or western. “People tend to resist that which is … Continue reading

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Posted in Ask Michelle, Business Credit, Collections for Creditors, Economic Crisis, Getting Paid - Michelle Dunn - Business Finance Columni, Helping Debtors, Online payment options, Payment Plans | Tagged , , , , , , , | Leave a comment

Five New Year’s Resolutions: Manage Your Cash Flow

It’s January and it’s a time for a fresh start. As a small business owner, you understand the importance and complex nature of managing and organizing your cash flow. There are several new tools available to help simplify the process … Continue reading

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Posted in Business Credit, Education, Guest Blogger!, Heard on the Street..., Online payment options, Training | Tagged , , , , , , , | Leave a comment

Want to learn more about Credit & Collections Risk?

Then you should take a minute to check out CCR magazine! Ten Reasons to Subscribe: 1. The most experienced editorial team in the industry – with over 30 years’ joint experience in credit. 2. Breaking news, with stories picked up … Continue reading

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Posted in Business Credit, Debt Collection in the News, Education, Industry Trade Publications, Member Spotlight, Training | Tagged , , , , | Leave a comment

Getting Paid: What to do & How to do it! Step # 5

You made it! We are at the final step and you are going to love this one: What to do:  Fire some customers. How to do it:  At least once a year you need to take a good look at … Continue reading

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Posted in Ask Michelle, Being a Great Collector, Collections for Creditors, Economic Crisis, Getting Paid - Michelle Dunn - Business Finance Columni | Tagged | Leave a comment

Getting Paid: What to do & How to do it! Step # 4

As you continue re-checking your customers credit, you might want to think about implementing step #4 into your processes: What to do:  Re-evaluate your payment terms. How to do it:  Get paid sooner by changing your payment terms from net … Continue reading

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Posted in Ask Michelle, Being a Great Collector, Collections for Creditors, Economic Crisis, FAQ's, Getting Paid - Michelle Dunn - Business Finance Columni | Tagged | Leave a comment

Getting Paid: What to do & How to do it! Step # 3

Now that you have been calling past due accounts and holding orders until you are paid you should make some time for step # 3:     What to do:  Check every customers credit worthiness. How to do it:  Because our … Continue reading

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Posted in Ask Michelle, Being a Great Collector, Checking credit, Collections for Creditors, Economic Crisis | Tagged | 1 Comment

Getting Paid: What to do & How to do it! Step # 2

Now that you have been calling all your accounts that have large balances due and gotten a feel for it, it is time for step # 2: What to do:  Stop shipping orders to customers that owe you money. How … Continue reading

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Posted in Ask Michelle, Being a Great Collector, Collections for Creditors, Economic Crisis, Education, FAQ's, Getting Paid - Michelle Dunn - Business Finance Columni | Tagged | Leave a comment

Getting Paid: What to do & How to do it! Step # 1

Our economy is in a serious state of dis-function and that is putting small businesses under extreme pressure.  Small businesses want to know what to do in order to get paid faster by their customers and exactly how to do … Continue reading

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Posted in Being a Great Collector, Collections for Creditors, Economic Crisis, Education, Getting Paid - Michelle Dunn - Business Finance Columni, Recession, Training | Tagged | 1 Comment