When is it time to send those past due accounts to collections?

By identifying the problems most small businesses face when dealing with past due

accounts a business can properly determine whether to send a past due account to collections to help maintain cash flow. If a business follows its written procedures it can attempt to avoid the troublesome process of dealing with past due accounts. Although the suggestions listed above will never guaranty collecting on past due accounts they will help remove the thorn that has been piercing small business since the beginning of time.

When is it time to send those past due accounts to collections?

By: D. Scott Berry

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