“FUNDAMENTALS OF COLLECTION” Vol. LXVI
Collection Strategies, Management Rewards, Management Strategies No Comments »In business there is an assumed mutual commitment: If I deliver, you will pay. This applies both to customers who do not pay their bills and manufacturers who do not pay commissions due their sales agencies. Be specific in your collection conversations, take notes, remain sincere, but hold the other party accountable. Basically, anyone who fails to pay for goods or services delivered in good faith has “your money in their pocket!”

