Have Debt & You’ll Feel Empowered!
‘Want to boost your self-esteem? Then pile up on the debt.’ ‘This is a surprising claim made by a new study which says young adults who saddle themselves with debt will feel empowered and feel better about themselves. “Debt can be a good thing for young people – it can help them achieve goals that…
The Funny Side of Debt
“If you think nobody cares if you’re alive, try missing a couple of car payments.” – Earl Wilson Let us bring some light into debt situations: here are some money jokes. “A businessman walked into a New York City bank and asked for the loan officer. He said he was going to Europe on business…
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…
How to collect debt and keep the client for years to come
‘As I go through all kinds of feelings and experiences in my journey through life — delight, surprise, chagrin, dismay — I hold this question as a guiding light: “What do I really need right now to be happy?” What I come to over and over again is that only qualities as vast and deep…
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…
Q & A: How to Organise an Effective Debt Repayment Plan?
At some point, most businesses will come to the stage in debt collecting that a debt could be collected only by accepting installment payments. If you are serious about collecting your debt, you need to re-negotiate the payment agreement and set up a valid debt repayment plan. Many people asked me about the essentials of…
Debt Management: Debt Settlement a SCAM?
Have a look at this interesting video about how to get out of debt. In this case it is Credit Card Debt, but the same kind of dilemma is involved in any other kind of financial debt out there. httpv://www.youtube.com/watch?v=jS43XFa3KGU Suze Orman is a well known and highly respected financial advisor. She knows MONEY. In this video she is…
Small Business Bad Debt is Easily Avoidable
Seven Steps for Effective Cash Management for Your Business Did you know that 85% of new small businesses close down in the first year of operation! According to a report conducted in an issue of USA Today, the statistical failure rate of small businesses in America is staggering. In First year of business 85% of…
Don’t Fear the Customer
Don’t Fear the Customer Posted on April 4, 2011 by Michelle Dunn “Some business owners have had their business for months or even years and when I give talks about credit policies, credit limits, and credit applications, they say, “I never did any of that and I have so many customers that owe me money…
What You Have To Know Before Attempting To Collect Debt
WHAT YOU HAVE TO KNOW BEFORE ATTEMPTING TO COLLECT DEBT: Federal Debt Collection Law Industry Guidelines Have you ever been chased to pay debt? Have you ever chased someone else to pay debt to you? Chances are you have belonged to both camps at some point in your life. Do you know that you are…