American Profit Recovery

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Are You a Consumer Struggling with Debt? Take Control with These Proven Strategies

American Profit Recovery

If you are a consumer struggling with ongoing debt and a mountain of unpaid bills, please know there is hope. There are effective ways to tackle the stress of debt. If you have decided that enough is enough and you are ready to be disciplined and become financially healthy, sometimes some simple and consistent strategies can make a big difference in your life.

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What professional debt collectors want you to know about how they handle your accounts

American Profit Recovery

Debt collectors have an enormous responsibility to every business they represent. On the one hand, a business hires a collection agency to collect from customers that have not paid them. And on the other hand, it’s important to understand that keeping your customers is of equal importance. Hiring a third-party collection agency is a big step for many businesses.

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Calling customers that have not paid? Follow these important guidelines

American Profit Recovery

Calling customers in good times is pretty easy and stress-free for most of us. But calling them when they have not paid their bill is a different type of phone call. While using a collection agency can be a necessary part of your accounts receivable process, it is important for your business to use internal resources to try to resolve a past-due account before sending it to collections.

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Don’t Leave Money on the Table: How to Work with a Collection Agency for Improved Cash Flow

American Profit Recovery

Hiring a collection agency for your business can be an extremely smart move and a strategic advantage in improving your cash flow. If you have customers who are consistently late or who have not paid you at all, and those are piling up, it’s time to make that decision. However, effective debt collections happen when you have the proper documentation in front of you.

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What motivates consumers to pay your invoice?

American Profit Recovery

You may be a small business owner or a professional in the position of finance. You may be reading this and at the same time having challenges with cash flow. The main culprit could be late and non-paying consumers. Just about every type of business will encounter this challenge, and it’s imperative to implement a regular and consistent program for getting customers to pay you for what you have provided.

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How a Budget Friendly Collection Agency Can Help Improve Your Cash Flow

American Profit Recovery

What if we told you you could hire a collection agency and improve your cash flow without breaking your budget? We’re confident most businesses would like to take advantage of that. There is still a myth that the only way to employ a debt collection agency for your business is to pay large fees to achieve your goals. However, that is not the case; low-cost debt collection solutions are available to any size business.

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Why your business should think about retaining customers when hiring a collection agency

American Profit Recovery

A business like yours likely has one goal when hiring a collection agency: to collect money from customers who pay late or have not paid at all. You may also want to work with a collection agency because you do not have the internal resources or the time to chase past-due invoices, and it is time-consuming. But another goal your business should remember is how a collection agency can help you retain your customers.