« July 2007 | Main | September 2007 »

Aug31
Are you tired of “Dancing with your customers?”

The popular television show Dancing with the Stars has announced its new lineup of celebrities for the new season.  Featuring such celebrities as Melanie Brown, aka “Scary Spice” and Wayne Newton will be sure to boost their ratings even more.

 

People in business can certainly relate to Dancing with the Stars when dealing with their own customers.  You may even consider some of your customers a bit like “Scary Spice” once you have to call them for a past due bill.  Maybe that pleasant woman you sold widgets to that has now bounced a check to you has suddenly become “Scary Spice” on the phone when you call asking for your money.

though you may like watching Dancind with the Stars, there are some things you can do to eliminate dancing with your customers when they owe you money.

 

Top 10 ways to Avoid Dancing with your “Stars”:

 

  1. Stay on top of balances owed.
  2. Contact a customer IMMEDIATELY if they start to get overdue.
  3. Do not continue to ship products to a customer that is not paying on time.
  4. Re-evaluate credit limits once a year.
  5. Get a signed credit application from EVERY customer.
  6. Check references.
  7. Stay firm!
  8. Follow up!
  9. Send invoices immediately after products are shipped or service is performed.
  10. Fire customers that won’t stop dancing!

http://tangotogether.com/loveflash/2007/08/08/setting-the-record-straight-kim-porter-and-scary-spice/

Aug29
Change is good, Attorney General Albert Gonzales Resigns
Aug27
How Countrywide Financials bankruptcy affects Business Owners
Aug23
Can my Business report to the Credit Bureaus?
Aug16
I need Help with a Credit Policy!
Aug15
Your Credit - It’s not Personal, it’s Business
Aug12
Fire your customers! Sometimes their business is not worth it!
Aug 5
Are you trying to collect past due rent or mortgage payments?
Aug 3
Preventive Maintenance for your Business
Aug 2
Does the News matter or the Money? Murdoch buys Dow Jones

« July 2007 | Main | September 2007 »

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