David Greenwood, Author at American Profit Recovery

Debt collections in 2022-important factors to be aware of

Improving your cash flow and understanding how debt collections fit into your business should be an important part of how you operate in 2022. If you continue to struggle with customers not paying you and you feel you have an ongoing need for debt collections, you’ll want to consider how collection activity around your accounts receivable process will fit into the coming year.

This past year has seen numerous changes for businesses. From a change in customer behavior, the way we work as a result of the pandemic as well as fluid changes in regulations posed on businesses, it’s always a good idea to stay up to date on how to keep cash flow positive, […]

David Greenwood2021-12-21T13:04:13-05:00December 21st, 2021|Categories: Advice for Businesses, Collection Industry News|

Businesses must focus more on debt collections in 2022

It should be no secret to anyone owning or running a business. It is slowly getting more expensive to operate a profitable business and it is not getting any less costly. Costs associated with just about everything on your expense sheet have gone up during the past 12 months.

And as you’ve also seen, the pandemic caused many people to spend more money. We have seen this mostly in the form of home improvements as well as other items to make working and living at home more enjoyable. While statistics have shown that people have saved more recently, they have also been willing to purchase more.

Financial stress is a real thing, especially for those operating a […]

David Greenwood2021-12-08T07:51:51-05:00December 8th, 2021|Categories: Accounts Receivables, Advice for Businesses, Small Business Collections|

New website focuses on credit and debt collections for consumers

We’ve always been big advocates when it comes to educating consumers on their rights when it comes to debt collections as well as how to effectively work with a collector to take care of financial obligations. Our professional debt collectors maintain honest and open communications when they’re doing their job and they provide the resources available to make sound decisions.

The collection industry as a whole is doing its part as well. And a new website will help consumers navigate the challenges that come with paying off debt and managing it in the future.

The website is Know My Debt, and it was created by ACA International-The Association of Credit and Collection Professionals. That’s right, a […]

David Greenwood2021-11-29T08:50:16-05:00December 1st, 2021|Categories: Advice for Businesses, Advice for Consumers|

Small business needs you every day, not just Saturday

Many small businesses took a beating during COVID-19. At the far end of the spectrum, numerous small retail shops and restaurants closed for good and those that did survive through the pandemic suffered tremendous losses that they now need to work day and night to make up for.

And now with immense challenges in the supply chain which currently have no end in sight, small businesses are struggling once again in how they meet the demands of consumers. If you’re one of these small business owners, then we are probably not telling you anything new.

But today, we want to speak to you, the consumer.

One thing we know here is that our small business community is vibrant, […]

David Greenwood2021-11-29T07:51:21-05:00November 29th, 2021|Categories: Advice for Businesses, Advice for Consumers|

Flextime is a win win here at American Profit Recovery

By Joe:

One of the best benefits at American Profit Recovery is our flex time policy. The reason why I love flex time is that when I take paid time off, I get to use it for the things I enjoy. For example, (pre-Covid-19) I saw a $300.00 flight to Europe was available and bought the ticket. I had more than enough paid time off available for this trip due to being able to use flex time for other obligations. […]

David Greenwood2021-11-12T08:21:51-05:00November 12th, 2021|Categories: Team APR|

5 ways to build cash flow by end of year

Improving cash flow should be a year-round process for your organization. Looking at the backbone of your business should not happen once a year. It should always be a top priority when running a business of any size.

That being said, when we get towards the end of the year, it does provide a business with an opportunity to take a deeper look at the health of the business and ways to improve cash flow before the start of a new year. If your business does have any challenges with cash flow, you’ll want to correct those before you start off the new year.

You don’t want to start next year off in a negative cash flow […]

David Greenwood2021-10-29T08:33:54-04:00November 1st, 2021|Categories: Accounts Receivables, Advice for Businesses|

Is your business making these 4 cash flow mistakes?

Cash flow is king when it comes to sustaining your business long-term. And it doesn’t matter if you are running a small business or a nationwide organization, cash flow is the backbone of any size company. If you’re not paying close attention to the status of your cash flow, you could find your business with a financial challenge very quickly.

As a collection agency working with all sizes of organizations and their accounts receivable management, we are often asked to take a look at how our team can improve the cash flow of our clients. When we start out, we offer an initial assessment of what we see and that conversation sometimes leads to us […]

David Greenwood2021-10-29T08:34:12-04:00October 29th, 2021|Categories: Accounts Receivables|

Fourth year at American Profit Recovery…here I come…

By Sabrine:

I am approaching my fourth year here at American Profit Recovery. The time here flew by, and I am in awe that I have been here for as long as I have. Loyalty as well as being tenured at jobs growing up has been the norm for me prior to graduating college. As I get ready to complete my fourth year here and knowing that this is the career path for me, I can excitedly say that I look forward to celebrating my anniversary every year it arrives. […]

David Greenwood2021-10-20T09:08:27-04:00October 20th, 2021|Categories: Team APR|

Some of our best tips for handling debt collections internally

There are several reasons why organizations of all sizes would be looking for a debt collection agency. You may be a small business and have reached the point where you’re tired of chasing down late and nonpaying customers. Or maybe your organization regardless of the size has limited internal resources to handle the task of getting your customers to pay on time.

Whatever your reasons are, you will want to find the best agency that can understand your needs, be a great fit as well as treat your customers fairly. Because after all, treating your customers with respect is something that you would do in all aspects of doing business with them. Including, trying to get […]

David Greenwood2021-10-01T10:43:30-04:00September 27th, 2021|Categories: Small Business Collections|

I made the right choice working at American Profit Recovery

I had worked in debt collections before when I came to American Profit Recovery six years ago, first in collections for vehicle loans, and later for collections in mortgages. I thought I knew what I was getting into—collections is collections, right?

BOY was I wrong!

Work life at American Profit Recovery is truly a unique atmosphere in so many ways. The managers and owners are in the trenches with us every step of the way. I couldn’t even tell you the names of the owners OR even the people in upper management at my previous employers when I worked there.

At American Profit Recovery, I usually see at least one of the owners every day and it’s a good […]

David Greenwood2021-09-22T09:25:54-04:00September 24th, 2021|Categories: Team APR|

About David Greenwood

Connect with Us!

Sign up to Receive Updates

Michigan Office

Massachusetts Office

dgreenwood

About David Greenwood

Connect with Us!

Sign up to Receive Updates

Michigan Office

Massachusetts Office