Small Business Collections

Tips for conducting a monthly review of small business finances

If you are like many small businesses, you don’t just sit at your desk all day and shout orders to people. You are doing everything. And depending on the time of year, as you well know, your level of hands on activity can vary depending on the seasonality of your business. If you are in lawncare or a pool construction company, you might be full steam from April well through October.

Collection agencies that work with small business hear from owners and other all the time when things such as cash flow start to suffer. And because many in business get too busy to take care of the back end of their operation sometimes, finances begin […]

2021-06-16T09:21:59-04:00March 29th, 2019|Categories: Small Business Collections|

Should I Take On Debt in My Small Business?

As a collection agency for small businesses of all kinds, you probably know our philosophy on debt. Well, because we’re working hard to resolve that debt for our clients day in and day out.  That’s what we do. Resolve debt.

The individuals, and in many cases, other small businesses we are calling on, are in some kind of debt. For whatever reason, they are not paying their bills on time or paying them at all and most times, there is a reason. Debt, in most cases has a negative association attached to it because so many get in trouble with it.

But is all debt bad? It all depends on who you ask but the main theory […]

2021-06-16T09:22:48-04:00March 14th, 2019|Categories: Small Business Collections|

Are you paying attention to risks in your small business?

When it comes right down to it, risk equals money in a small business. In fact, if you’re running a small business, that can be a risk in itself. Every day can present a challenge that can either help your business take off to a new level, or harm your business in some way. And hopefully your risk-taking takes you in the positive.

But it’s the risks we encounter daily that can cause a small business owner time, money and reputation. And it’s how you handle them that can make or break your profitability.

As a collection agency that works with small business, we hear countless stories from those in business about the ups and downs of […]

2021-06-16T09:23:32-04:00June 21st, 2018|Categories: Small Business Collections|

Small Business is the backbone of our economy

If you own a small business, manage one or even work for a small business then you have an important role here in our country. You are a major player in the US economy. In fact, you are pretty much the backbone of it.

A small business as you may know is any organization that employs 1-49 employees. And the SBA says that over half of Americans work for a small business. That is everything from the professional consultant, the lawncare company, that great breakfast place down the street and that local dental practice.Collection agencies for small business

Small business survives on great relationships. Taking care of […]

2021-06-16T09:21:09-04:00May 3rd, 2018|Categories: Small Business Collections|

Four Tips for Managing Small Business Cash Flow

Cash flow should always be on your mind but it seems it’s never so much of an issue than when you are closing your books and going into a new year. At least your awareness of cash flow is peaked during these times because you are somewhat forced to look over your business finances.

But it should be on your mind all year long because we know you have your own obligations to meet such as payroll, rent, and a whole host of other expenses. In short, paying attention to your business cash flow should be a year-round habit. While we know there are going to be times when you’ll need to turn over certain invoices […]

2021-06-16T09:25:19-04:00November 20th, 2017|Categories: Small Business Collections|

National Small Business Week-Tips for Getting Paid

National Small Business Week is May 4-8 this year. As a popular saying goes, small business is the backbone of our economy. And if you look at the past several months of Jobs Reports, you don’t need any more proof. Small business has led the way in job growth for many months and the trend continues as our economy gets back on track.

A small business is classified as any business that has under 50 employees. But many small businesses have far less than that. And the resources they need to conduct a whole host of tasks can be limited because many are serving the customer, as they […]

2021-06-16T09:24:23-04:00April 29th, 2015|Categories: Small Business Collections|Tags: , |
Go to Top