Excessive EFTPOS Fees Scrapped From 1st September 2017
Have you heard about the recent changes to credit card surcharging? The Australian Competition and Consumer Commission (ACCC) said the ban, which has been in effect for large businesses since last September, will extend to all businesses that are either based in Australia or use an Australian bank.
Cash Flow – Does Fear of Rejection Stop You from Collecting Debt?
“Consult not your fears but your hopes and your dreams. Think not about your frustrations, but about your unfulfilled potential. Concern yourself not with what you tried and failed in, but with what it is still possible for you to do.” – Pope John XXIII How does fear from rejection stops your business cash flow…
5 Tips for Preventing and Dealing with Non-Paying Clients
Courtesy of Small Business Success Blog Late or non-paying clients are a hard fact of business. Small businesses in particular are vulnerable because they lack the accounting and legal resources to deal with these customers, with collections falling squarely on the shoulders of the business owner. Likewise, smaller firms and sole proprietors eager to acquire…
Debt Recovery – Benefits of Outsourcing Professionals
“I must govern the clock, not be governed by it. ” – Golda Meir Why chase bad debts yourself when you can have a debt management expert doing the work for you? These days, outsourcing debt collecting professional can solve many problems in your credit system and will save you time and money short…
How To Not Collect a Debt (Part 2)
“I like to do all the talking myself. It saves time, and prevents arguments.” – Oscar Wilde ” A foolish man tells a woman to stop talking, but a wise man tells her that her mouth is extremely beautiful when her lips are closed” – unknown The video in the previous post is funny, as…
How To Not Collect a Debt (Part 1)
“Don’t use words too big for the subject. Don’t say “infinitely” when you mean “very”; otherwise you’ll have no word left when you want to talk about something really infinite.’ – CS Lewis Many professional debt collectors know that most people they deal with do not want to default on their debt. Most of them…
Debt Collecting – Secrets of Successful In House Collecting Reviled
Facing Bad Debt In Your Business? Problems collecting your bad debt – Fast & Easy way to collect it Now! Collecting Your Own Bad Debt Is Possible… Learn inside knowledge to To Stop Bad Debt! “A COMPLETE Step-by-Step GUIDE To SUCCESSFUL In House Debt Collection!” is an e-book aimed at every business owner who extends…
Cash Collecting – Electronic VS Standard Invoicing
Should your business cash collecting be evolving and changing with the technology? In today’s world when everything is becoming virtual overnight, cash collecting has been also moving towards full automation and paperless existence. Research by leading IT analysts has found that companies with the fastest-growing profits in their industry sectors are the ones that are…
Is Your Invoice Hurting Your Cash-Flow? – 15 Key Elements to Turn it Your Cash Collecting Helper
The truth is that many operating businesses do not have properly drafted and defined invoices given to their customers/clients. I have seen it too many times that often very important information is simply missing from the invoice. This causes confusion with clients, but more importantly, it creates great problems when the business debt needs to…
Unethical Cash Collecting Exposed – Are You Making These 10 Mistakes In Your Business?
“Shallow men believe in luck, believe in circumstances….Strong men believe in cause and effect.” — Ralph Waldo Emerson Ok, you are asking, “What does my business have to do with unethical cash collecting?” To explain this I am happy to share my recent personal experience, so just keep on reading… Recently, due to my child…