by Marie Benesh | Jan 6, 2014 | Blog, Business, Industry News
Small businesses often do not have the resources to collect overdue accounts. A survey conducted by the Credit Research Foundation (CRF) revealed that on average 86.9% of accounts are current, while 0.66% are over 90 days past due. When accounts are over 90 days...
by Marie Benesh | Dec 26, 2013 | Business, Industry News
Most people spend a lot during the holiday season as they buy gifts, pay for dinners or travel during holidays. Will you stop collecting during this time? Or will you continue your collection efforts? These are questions that you need to resolve. Collection efforts...
by Marie Benesh | Apr 18, 2013 | Blog, Business, Industry News
Frustrating as it is to have clients who have past due accounts, it is important that you not allow the frustration to affect your behavior toward your customer, according to the blog by Direct Recovery Associates. In fact, it is best to maintain the customer’s...
by Marie Benesh | Apr 15, 2013 | Blog, Business, Industry News
It is inevitable for small business owners to face some problems getting paid. When unpaid debts have piled up, business operations can be adversely affected. But there are ways to prepare for the possibility of collecting business debts that are overdue. In fact, you...
by Marie Benesh | Apr 4, 2013 | Business, Consumer, Industry News
Industry tracker comScore reported that US shoppers spent a total of $42.3 billion online during the year-end holiday season — a 14 percent jump from the same period in 2011. “The 2012 online holiday season was once again a very strong season with growth...
by Marie Benesh | Dec 5, 2012 | Business, Industry News
A recent news about Vallejo, the first large California city that declared bankruptcy, provides interesting example of how members of community can take part to solve the problem of the city. The Northern California city’s Participatory Budgeting process...