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Category Archives: Business Practices

Business Practices

Late Fees: Are They Worth It?

27 Dec

As we have said in the past, credit terms are never a one size fits all concept. Though the industry standard tends to be Net-30, there are many reasons why it might make sense for you to shorten or lengthen … Read More »

Business Practices accounts receivable, business, cash flow, collection calls, collection letters, credit terms, debt collection Leave a comment

Using Data to Change your Credit and Collection Process

29 Oct

Data is quickly becoming the currency of the 21st century. It seems like every company is constantly trying to get more and more of it, but what for?  Despite the negative press around how data is being used, in many … Read More »

Business Practices, Commercial Debt Collection Tips credit and collections, credit terms, data, small business, technology 1 Comment

Never Forget To File a Proof of Claim

23 May

No one wants to see one a customer file for bankruptcy. Not only does it mean potential lost revenue, but it also creates a series of headaches if you hope to get paid at all. While there are many types … Read More »

Business Practices accounts receivable, bankruptcy, commercial debt collection, customer service, debt, debt collection, small business Leave a comment

Best Ways to Motivate Your Employees

14 Feb

Motivation typically comes from within the individual. For the business leader, that means she/he must create an environment that fosters self-motivation. And since every industry has its own unique attributes, the ways in which you choose to foster motivation could … Read More »

Business Practices business, C2C Resources, collection, credit, motivation, small business Leave a comment

How to Improve Your Business Practices

26 Jan

We recently wrote an article on the importance of properly staffing your credit department. One of the ways to achieve this is to constantly question and analyze what you are doing. One of the worst answers to why you are … Read More »

Business Practices, Commercial Debt Collection Tips business, credit Leave a comment

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