Money Feeds Business

One of the common queries we have at BCA is in regards to clients maintaining their customers if they send them to the debt collectors.

It is a rather emotional dilemma, having customers that don’t pay on time or are late payers makes it difficult to operate a business successfully. 

The Key is Consistency.

Last time we talked about having the right tools and resources to ensure a smooth collection process.

However the most important aspect of using the tools is to maintain a consistent approach.

The great thing about being consistent is your customers will get to know your system and before long will adhere to your credit terms automatically.

Systems For Debt Collection

The end of financial years has well and truly come and gone, well done if you have come through the year with out having to write off any debts.
However there are many businesses that this is not the case and now is the time start to plan for this financial year. 
Remember time is money and the longer you leave money outstanding the more it costs.