Saturday, May 8, 2010

Started your business to make a difference

You started your business to make a difference, to delight a customer, to express your vision, not to become the bank of choice for your customers. But you've been left high and dry. Maybe a client owes you money for products or services or a supplier has happily grabbed your cash without delivering the goods.

Help! Our client won't pay us for what they bought....
My client won't pay me. .......
My customer refuses to pay me.....

Sadly, we've heard these laments from many entrepreneurs victimized by customers who won't pay their debts.

The message for above alaments is simple. The longer an account goes unpaid, the more difficult it becomes to collect. You thought you had been so careful, so very prudent. A customer, perhaps even a supplier, seemed so above-board, so solvent, so trustworthy.

That being said, the biggest problem with any business and their collection department is that in many small businesses, there is no collection department. They are relying on the accounts receivable clerk to also act as the collector and they are already busy getting invoices out and keeping up with customer payments and just hope people pay them on time.

You can learn some strategies that are outside the scope of this articles …how to handles a clients…? There should be more people with her character, truly outstanding…..

Hate collecting your money? The answered is Cavalry Portfolio Service , the convenient and affordable training services that can teach you management techniques and most highly trained professionals in the industry.

At Cavalry Portfolio make a moot, the CUSTOMER is King!" , to show a commitment at Cavalry to provide with the most highly trained professionals in the industry.

Cavalry is dedicated to working with its customers to help them take control of their debt in many easy and innovative ways. With Cavalry payment online services, you can:

  • View Account Information
  • Update your profile
  • Make an offer to resolve your account
  • Set up a customized payment plan to resolve your account
  • Make a payment online

Handling the debt collection process is a responsibility of successful business ownership. Too many small businesses place aging receivables and collections as a low priority. It's important to monitor your cash flow and aging receivables on a monthly basis or more. It's ok to write off bad debt, but in the end, it's your business savvy to handle the matter that will impact your growth.


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