The Cash Flow Group, Inc

Consumer and Commercial Debt Collection Florida

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Fort Lauderdale / Miami, FL

Toll Free: 800.226.2006

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What Your Clients Need to Know About Debt Collection

Saturday, December 1st, 2018 | Florida Debt Collection | No Comments

What Your Clients Need to Know About Debt Collection

 
One of the best ways to solve debt collection problems is to prevent them from happening in the first place. Work with your clients to notice any warning signs.
 
So, how can you keep up to date on every industry when you have time to run your own business? Obvious sources like reading The Wall Street Journal or listening to NPR can give you a general overview of most industries. Many larger companies use “knowledge managers” or librarians to create digest versions of relevant news. You can do something similar for yourself with daily news digests, including industry specific ones, and Google Alerts for relevant industries. Apps such as Owler, Nuzzle, and can also help you create personalized news feeds that give you the big picture you need.
 
If you do notice news that might have a negative impact on your client or customer, it doesn’t mean you have to cut them off or change payment terms, but depending on the news, you may wish to check in with the client or consider diversifying your client base.
 
Being informed about what’s going on in a variety of industries can help form better relationships with your clients. As a bonus it may also make you a more interesting guest at parties!
 
At The Cash Flow Group, we hope all your clients stay healthy and pay their bills on time, but if not, let us know how we can help.

The Cash Flow Group, FB

Fort Lauderdale / Miami, FL

Toll Free: 800.226.2006

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The Cash Flow Group, Inc

3389 Sheridan Street

Suite 135

Hollywood, FL 33021

Email: info@thecashflowgroup.com

800.226.2006 Toll Free

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