How to get paid & not the run around

Are debtors who are slow to pay sucking the fun out of business for you?

“The cheque’s in the mail.” Yeh right, we’ve all heard that before. Trying to get money out of late payers is an aspect of business many people find onerous if not downright unpleasant.

But it doesn’t have to be! To quote an old cliché, an ounce of prevention is worth a pound of cure.

Here are just two things you can do to protect yourself:

1. Put systems in place to make it clear to your clients before you provide them with your product or service exactly when you expect to be paid and what will happen if they don’t play by the rules. Just writing pay by the 20th of the month on the invoice isn’t sufficient!

2. Be very careful to whom you extend credit. New privacy and bankruptcy laws are making it harder to track down and recover debts so you need to do thorough checks before making that decision.

And there are a number of other things you can do too…

How Just Collections can help

• Collect debts that are generally 90+ days overdue. We work on commission so if the debt isn’t collected, we don’t get paid. We have an 85% success rate at collecting bad debts.

• With the right Terms & Conditions all costs of collection can be passed onto the debtor. Find out how!

• Prevent bad debts and improve your professional image by establishing sound credit management systems and procedures.

Free Initial Consultation

Contact Just Collections today to find out how we can help you avoid bad debts and present a professional image. There is no charge for the initial 30 minute consultation. We promise it will be time well spent!

What is the No Asset Procedure

No Asset Procedure (NAP) is something that you should be very worried about, why, because it allows a debtor with total debts under $40,000 and no realisable assets and no means of repaying, to apply to the Official Assignee to be granted NAP and in effect have all their debts written off and you have […]

Discover more →

How to increase cashflow by up to 45% within 90 days

Business Owners… …How to increase cashflow by up to 45% within 90 days Whether you have just started out in business or you run a highly successfull corporation the one thing that can sink your dream quicker than you can say “the cheque’s in the mail” is the lack of cashflow. Today’s marketplace is fierce […]

Discover more →

Debt Collection

Debt Collector is a person who works on behalf of the creditor being the person or company that provides either goods or services as being their primary business. As the name suggests, the person collects the debts for a creditor that have fallen overdue and outside of credit terms agreed to previously. Naturally, the debt […]

Discover more →