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Debt Collecting – Frequently Asked Questions and Answers (Part 1)

“Debt –  An ingenious substitute for the chain and whip of the slavedriver.” – Ambrose Bierce  This is our first post in the series of the most frequently asked questions and answers regarding debt collecting. Q How ...

Essential Debt Collecting Skills – Negotiating (Part 4)

“The secret of many a man’s success in the world resides in his insight into the moods of men and his tact in dealing with them.” – JG Holland  Continuation of “Essential Debt Collecting Skills – Negotiating” (Part 3) ...

Boost Productivity with Unhappy Customers

How do you deal with unhappy customers? If you’re a business owner or an entrepreneur, chances are you’ve had to deal with an unhappy customer every so often.  This video below by Alex Mandossian will help you understand how to effectively learn ...

Essential Debt Collecting Skills – Negotiating (Part 3)

“Quality in a service or product is not what you put into it.  It is what the client or customer gets out of it.” – Peter Drucker  Continuation of “Essential Debt Collecting Skills – Negotiating” (Part 2) ‘Since negotiation is ...

Harnessing the Power of Attention to Shift Your Financial Programming

Courtesy of Praxis Now “The subconscious mind is more powerful than we think, and it can either limit or empower financial success.”   So the question is, what are you focusing on most of the time? What is your chief aim, your ...

How to Retrain your Brain for Financial Success

Courtesy of Praxis Now “You become what you think about most.” – Earl Nightingale  Shifting your Financial Paradigm “Current scientific evidence strongly suggests that your constant focus on financial success can actually ...

Essential Debt Collecting Skills – Negotiating (Part 2)

“I’d like to add that negotiating is not something to be avoided or feared – it’s an everyday part of life.” – Leigh Steinberg Continuation of “Essential Debt Collecting Skills – Negotiating” (Part 1)  Negotiation is a rather ...

Essential Debt Collecting Skills – Negotiating

Observing a Master Negotiator at work … is an ‘Art Form’.   But, did you realise YOU could EASILY become one yourself?  NEGOTIATION is an essential skill in our everyday interactions. We daily use it in all areas of our life without even ...

Bad Debt – How To Write It Off In MYOB

When a bad debt could not be collected after trying all possible collection methods, than a record adjustment must be made to reflect the uncollected payment. This is known as a Bad Debt Write Off.  A general journal entry must be made to ...

Improve Debt Collection Processes Using Voice & SMS

“In this new wave of technology, you can’t do it all yourself, you just have to form wise alliances” –   CS Helu   ‘Collecting debts in the current financial environment can be an expensive and time consuming process. ...

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