Establishing a collection plan, understanding your customers, and sending consistent, prompt invoices are all processes that can help small businesses speed up the debt collection process. When you own or run a small business, having a consistent and steady cash flow is critical. When customers do not pay their bills on time, it can be…
Successful commercial debt collections can be the difference between succeeding in today’s competitive market, and your business succumbing to unpaid invoices. There are three commercial debt collection practices commonly used by debt collection attorneys that can help your business collect on past due debt and ensure your business’s financial security:
Whether you are a fledgling entrepreneur or have been in business for yourself for a number of years, many reasons exist to hire a professional debt collection attorney to handle your past due accounts. The majority of those who own and operate their own business become familiar with the difficulties involved in small business debt…
Small businesses often lack the time and resources to recover their owed debts. Debt collection attorneys are a resource for quick and confidential resolution. All businesses enter into an implicit agreement with their customers that the goods and services provided will be paid for. When that agreement is breached through non-payment or default on payment…