As a business owner you are used to handling many business functions on your own.
And no doubt that’s one of the keys to your business success. But when it comes to collecting on past due accounts there are a number of reasons to use a professional collection agency.
In this article we will spell out three of those reasons for you.
Three reasons to outsource your collections
Let’s start with the obvious… saving you time.
There’s more to getting paid than simply re-invoicing your customers or clients again. And when it comes to making collection calls it requires skill to be successful.
Furthermore, having your staff handle these calls for you is always a bit tricky.
Because in many cases you are staff may sympathize with the customers you need to collect from. They can relate to their situation – and what’s more, your own staff may resent you being a “hard ass” about the money you are owed.
The next reason to use a professional collection agency involves money.
In most cases, a collection agency will only receive their fee if they are successful in collecting on your past due accounts. In my opinion this is a win-win situation. You want to get paid on your past due accounts, and the collection agency only gets paid if they are successful.
Finally, there are legal implications when it comes to trying to collect.
In many cases your customers might be residing in different states from your business location, further complicating the issue. And the last thing you need to deal with is a lawsuit from an angry former client or customer should you violate some obscure law in their state of residence.
And if you don’t believe this is an issue go ahead and Google any number of keywords about collection agencies. Nine times out of ten you’ll find plenty of articles dealing with how to stop collection agencies.
That’s why you should leave those headaches to the professionals while you can focus on running your business day in and day out.
After all, it’s your money and you deserve to be paid.
So let the professionals handle all of these collection headaches for you. Doesn’t that make sense?
Find a debt collection agency today
To find the right collection agency for your business click the link below and get your free quotes from qualified and reputable companies…
Click and compare free collection agency quotes today.
After all, you really only have two choices:
- you can keep doing what you’re doing (and hope for a different result), or
- you can hire an outside company to help you collect the money you rightfully deserve.
Use the link above for your free quotes, or click to find collection agencies that can help you get set up for your State or Metro area.
Either way the choice is yours…