Credit Policy for businesses and how to extend credit and manage credit risk

In 2007, I was nominated for 5 prestigious awards in the debt collection industry as well as the business industry.  These awards are more than an ego boost; they help me stand out in a crowd of bigger companies with more money to spend on marketing and promotion.

I was nominated for the 2007 Inc.com Entrepreneur of the Year Award as well as the 2007 New Hampshire Business Review 2007 Business Excellence Award.  My award winning book “Starting a Collection Agency, how to make money collecting money” won the 2007 New York Book Festival Award in addition to other awards it has won in the past.  The third edition of this award winning book is being released in January 2008 and has already been entered into the ForeWord Book of the Year Awards contest.  I was named one of the Top 5 Women in Collections in 2007 and now I have been chosen as one of the Top 5 Women in Collections for 2008 as well as one of the Top 50 most influential Collection Professionals of 2007. 

The recognition these nominations and awards bring to me and the debt collection industry is very exciting and well deserved.  Having been an entrepreneur for 10 years as well as a bill collector for 19 years, I know how hard it is to succeed and especially in this industry of credit and collections. Entrepreneurship is essential to society and can really help our sagging economy, anything I can do to help promote people going into business for themselves, being successful and creating jobs for others is a tremendous feat and something I feel should be encouraged.   I am hoping that in 2008 I can help to promote education about business and finance with my books, my blogs, my Credit & Collections Association, and with interviews and articles as well as speaking at industry events.  Here’s to all of us in 2008!