Seeing no benefits to using a collection agency is by far the most frequent objection that I receive when talking with potential clients. They fall into two catagories: those that just make so much money/profit and those that don't want to offend their non-paying customers by placing them for collection.
Huh?
What's wrong with "free" or "found" money going directly to the bottom line? Why worry if you make a former customer angry, they are using one of their competitors by now anyway. Another concern is that they will bad mouth you in retaliation...well, you can be sure that they are not out there singing your praises once they fall past due. They have moved on and so should the business by sending their accounts to a collection agency.
There is a saying " there is no such thing as an unpaid bill". Business compensate by raising their prices for those of us that do pay our bills.
Saturday, October 3, 2009
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