Blog - Page 32 of 45 - American Profit Recovery

April Is Financial Literacy Month

April signifies so many things here. For one, spring is here and of course its tax season. It’s also Financial Literacy Month. Here at American Profit Recovery, we join many other collection agencies this April in helping to raise money for The ACA International Education Foundation which promotes financial literacy and the Loomer-Mortenson Scholarship.

We also try hard to always educate the consumer on how they can better manage their finances and when they do get into a tricky situation, how to navigate through it all. We’ve mentioned these tips several times here on our blog and on television interviews we’ve done but […]

APR2020-09-18T10:16:39-04:00April 2nd, 2016|Categories: Advice for Consumers|

Avoid Delinquent Accounts and Get Paid on Time

Delinquent accounts can be a severe problem for many businesses. Fortunately, there are plenty of measures you can take to prevent late or wayward payments. This collection agency steps in when you are ready but there are a number of things you can do in your business before you involve us.

Here are some tips to help you get paid on time:

Set up a process: You need to have a process in place before your customer even walks through the door. Everything from payment plans, to due dates, to how you handle late payments should be planned ahead of time. Be sure to include a contract or […]

APR2021-01-31T16:30:58-05:00March 29th, 2016|Categories: Advice for Businesses|

Even More Ways to Save Money

Last time we gave you three quick tips to save money around the house and we’ve got a few more for you below. Many of us are always looking to save money to keep up with bills or the rising cost of so many items and these just might help you save a few bucks. Like we mentioned in our last money-saving blog, collection agencies like American Profit Recovery deal with consumers everyday that might have prevented the situation they are in by trimming back a little.

Here are a few more tips.

Easily track your spending: For many, tracking what you spend is about […]

APR2020-11-01T12:52:41-05:00March 9th, 2016|Categories: Advice for Consumers|

A Few Smart Ways to Save Money

If you’re a smart consumer or a small business owner, you are exploring every cost savings option possible to aide your monthly budget. We know the importance of saving a little money each month because as a collection agency, we see people every day that could have avoided going into debt if they just spent a little time and effort looking at their expenses.

Below we have a few cost savings measures to consider which may require a little effort but well worth it in the long run.

Reduce your credit card interest rate: It does not hurt to ask your credit card company for a […]

APR2020-09-17T10:08:48-04:00March 7th, 2016|Categories: Advice for Consumers|

Three random things you can do right now to save money

Ways your small business can save money.

While I could certainly think of more than three ways for you to save money, I looked into some simple yet sometimes forgotten ways you can save a little money. In fact, if you gave me time, I could probably come up with at least 50… Collection agencies including this one have contact with consumers that do not pay attention to simple ways to manage and save money. It’s very easy to sit down and think of a few ways to save some cash. Let’s start with three easy ones.

Compare credit cards: If you’re like most consumers, you […]

APR2021-01-31T16:43:20-05:00March 4th, 2016|Categories: Advice for Consumers|

American Profit Recovery Hires Credit and Collections Veteran

Dale Schmitz Joins Team as Vice President of Sales for Nationwide Collection Agency

Farmington Hills, MI: February, 2016— American Profit Recovery has announced that collection industry veteran Dale Schmitz has joined the agency as vice president of sales.

Schmitz is one of the most respected sales leaders in the credit and collection industry and comes to American Profit Recovery with over 30 years of experience in the credit and accounts receivables management field. In his new role at American Profit Recovery, he will spearhead the building of a nationwide outside sales team as well as manage the overall growth and training of that team.

Schmitz had a 28 year […]

APR2021-07-23T14:15:54-04:00February 29th, 2016|Categories: Team APR|Tags: American Profit recovery, collections, Vice president sales|

Should I send small balances to a collection agency?

The short answer is yes…

You might think this is backward thinking but if you actually let late and nonpaying customers slide and don’t try to get them to pay you up to date, you can almost certainly say goodbye to that customer. You’ll definitely never serve that customer again because they never paid you, and because you didn’t try to work out some type of arrangement, you’ll most likely just write it off.

Collection agencies can actually save you a customer by allowing both parties to work out an amicable payment arrangement. If you just say, “forget it, I’ll just write it off, you […]

APR2021-01-31T14:22:17-05:00February 11th, 2016|Categories: Advice for Businesses|Tags: Balances, Collection Agencies, Small Business|

Tax time is a good time to clean up books

We are all pretty much forced to take a look at our books each year around this time. Some of us are better than others at doing it in a timely manner. However, it really does pay off to get serious about cleaning your books up during tax season. One, you have to and two for the purpose of seeing how many accounts you might have that are still outstanding.

As a collection agency that prides itself on getting in the game early as a way of showing success on collecting on overdue accounts, we strongly suggest that when getting all your documents ready for […]

APR2021-01-31T14:56:46-05:00February 10th, 2016|Categories: Advice for Businesses|Tags: 2016, Small Business, Taxes|

Freezing for a Reason!

Several of our team members joined many other brave souls as they jumped into icy cold water this past week to raise money for the athletes of Special Olympics Michigan. It’s a very important cause and our team jumped head first into the event.

The Polar Plunge is an annual event not only in Michigan but across the country. It raises funds for the athletic and health programs of Special Olympics and our team was proud to once again take part in this.
We joined 18 other teams and the event raised close to $40,000. Our team raised close to $1,000 this year alone freezing in the cold water for as long as they could stand it. […]

APR2020-11-01T13:13:43-05:00February 4th, 2016|Categories: Team APR|

Video-How Can I Save More Money In My Business?

Now is a great time to take a step back and find ways to actually save some money in your business. If you are like most businesses this time of the year, you are closing up the books, sitting down with your CPA or financial advisor and getting a snapshot of how your year went.

You are also most likely looking ahead at the rest of 2016 and trying to find ways to improve your business practices. When you do this, take some time to look at how you can save some money in your business.

We have outlined a few things for you in the video below to take a look at this coming year to […]

APR2021-04-03T14:56:02-04:00February 3rd, 2016|Categories: Advice for Businesses|

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