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How to Collect Debt

 Copyright, Mindconnection

Debt collection is a tricky problem, and you have no doubt faced it. In your normal business dealings, you have probably encountered customers who innocently do not pay when they are supposed to. Clearly, aggressive collection on such customers will unnecessarily create ill will. In fact, the typical customer will be embarrassed over not making the required payment on time. Then, there is the other customer—the one who deliberately avoids or delays payment. Somehow, you must distinguish between the two, and you must resolve the debts.

In this course, you'll see how to do that. And, you'll learn proven techniques to turn a late-paying customer into a loyal customer.

Upon completion of this this course, you will:
  • Understand why debts occur.
  • Be able to evaluate your debtors for collectibility.
  • Be able to employ simple strategies to collect outstanding debts while avoiding common collection mistakes that cost you business.
  • Be able to improve your income, reduce your stress, and enjoy a fuller, more productive life.

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