Wednesday, 18 April 2012

Why Use Debt Collection?



As a business owner you will understand the necessity of maintaining a positive cash flow. Given the current climate and the fact that businesses face a daily challenge as they strive to grow and develop their product and customer base, there are two things that are the most important: TIME and MONEY. Having customers with outstanding accounts has a detrimental effect on both of these.

For a standard business, chasing debts can prove to be very time consuming; making phone calls, sending letters and even the time just spent thinking about it could be better used in other areas of the business. Every hour spent dealing with debt is an hour that could be spent on staff training, product development or the general day-to-day running of your business. Debt collection companies offer an efficient, cost effective way of dealing with these issues by taking the worry away from you. If you had a problem with your electrics you would call in an electrician, why not do the same with your debts? We aren’t builders, printers, funeral directors or engineers, that is your job. Our job is to collect debts the clue is in the name!

By allowing debt collectors to recover your overdue accounts you can focus on doing what you do best; growing your business. Debt collection firms operate full time in the recovery of these accounts and they know the best methods for doing so which can offer a swift resolution to the issue.

If one of your customers has failed to clear their account this inevitably means that you will find yourself out of pocket, whether it be through goods you have provided that you have had to pay for or through a service that you have spent time on where the time could have been spent with a paying customer. Your customer has entered into a contract with you be it written or verbal and it is important that this money is recovered. Why should you be forced to struggle to make your supplier payments or not have the necessary funds available to employ new staff as you look to expand your business while your customer is sat with YOUR money in their account earning them interest?

Let's be honest, nobody gets into business to “just tick over,” we get in to business to make money and that requires certain things, we must progress and grow , we must push the company as hard as we can and it comes back to those two things again TIME and MONEY.

So let a debt collection company do the work for you, after all it is what we do. Let us give you the chance to have YOUR time back and YOUR money back to help you make YOUR business a success.

For a FREE No Obligation Consultation call CLEAR DEBT SOLUTIONS FREE on: 0800 2300 981

2 comments:

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