Q & A: What should I do when my bank cancels my overdarft?
by Stefan Töpfer ‘This question is hard to answer, because there are no simple answers here and the outcome of this situation could easily be fatal to the business and if you are personally guaranteeing this money – and you probably are – this could potentially be very serious for your personal life too. The…
Business Cash-Flow Planning
httpv://www.youtube.com/watch?v=2wf5gv3H3cY What is cash-flow? How do you plan small business cash-flow? How is debt collection of your business related to the overall performance of your business cash-flow? How is planning in advance influencing the outcome of your business months later? To find out watch this video….
Collecting Overdue Debt: A Course of Action
“If you are a business owner, you will likely encounter overdue debt on a very routine basis. A huge number of customers – both individuals and other businesses – will inevitably forget, not bother, or refuse to pay their bills. It’s easy enough to deal with the forgetful procrastinators with a couple of firmly worded…
The Debt Collectors Challenge!
httpv://www.youtube.com/watch?v=QB2L6Kp1Y9A&feature=related I just love this video and you will too! After watching this I want you to comment and share your funniest or most embarrassing debt collection story you have. Thanks for stopping by…
Debt Collecting Fun!
We would like to share this You Tube recording of a real conversation of someone being contacted by a Debt Collection Agency to pay an outstanding debt. This video post is fun to listen to, but it is not fun for any of the speakers involved. httpv://www.youtube.com/watch?v=17bgFK6nRzg Debt is NO fun! It is not fun…
How To Optimize Your Invoice!
We would love to share a little known fact about debt collecting. Have a good look at this amazing graph that describes the outcomes of using different payment terms. By introducing optimal payment terms of 21 days and being polite can increase chances of being paid (backed up by research). A simple “Please pay your invoice…