Choosing and working with a collection agency can be difficult. Do not simply choose a collection agency from a listing: investigate them. They will be representing you with customers - make sure they make a professional impression, and work within the laws. We tell you how.

Setting Goals helps your staff and company achieve objectives in an organized format. As with any goals, you are working toward a productive outcome, which, in this case, is bringing in payments. Your ultimate goal should be to never have a collection problem. Until you reach that goal, here are some points to help you set high expectations, and realistic goals:

Many businesses loan computers or business credit cards or a pay advance to their employees. If your business does this, make sure that you have a written policy that must be followed to make sure you get what you are owed from your employees.

The biggest billing mistake that is made is that the information that gets written down on the sales order do not always get transferred onto the invoice.

Setting up your accounts well can make the difference between getting paid and going broke. These tips from FreeCollectionsAdvice.com can help you get your money!