794
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Collection Service - Complete Guide to Hiring a High Performance Debt Recovery Agency
It is common practice among businesses to extend credit to customers to earn goodwill and improve sales. If customers do not pay their debts on time or try to get out of paying, debts can turn into a heavy expense. Every business should partner with a commercial debt collection agency to recover bad debts. This article is a guide to finding a suitable collection agency.
Posted on Nov-14-2009
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669
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Credit Card Processing - Confused About Various Fees? Know if They are Genuine Before You Sign Up
Credit card processing companies charge various fees for their services. Some of the fees make sense as they add value to the customers while some could be just a sham. Seeing frequent entries of fees with vague names in the monthly credit card transaction statements can be very annoying for merchants. Understanding the purpose of the various kinds of fees helps merchants judge their worth and accept them without qualms if they are genuine.
Posted on Nov-10-2009
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1042
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Debt Collection Strategies That Every Business Must Use to Recover Their Money
Businesses cannot help incur bad debts in the process of acquiring customers by extending credit. Bad debts tend to accumulate unless dealt with immediately. The delay in recovering payment is usually because of the creditor's unwillingness to play ‘bad cop’ with customers and the desire to maintain good relationships with customers. It is important that every business has a debt collection strategy to minimize delinquencies.
Posted on Nov-10-2009
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601
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Credit Card Processing - Is it Really Worth it For a Business Owner to Pay Such High Fees?
Saying "no" to credit cards has become a sure shot sale killer. Almost all savvy business owners offer credit cards as a payment option now. Many customers only carry petty cash, preferring to use credit cards for purchases. But is it really worth it to pay such high processing fees. Does it bring you enough additional business to cover the fees paid for accepting credit cards?
Posted on Nov-10-2009
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702
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Payroll Administration - Top 6 Benefits of Outsourcing for a Small and Medium Business
Timely payment of wages is necessary for employee satisfaction and to keep them motivated. The slightest lapse in this regard can prove very expensive. However, managing payroll is a difficult task for even the most proficient employee. Personnel changes, deadlines and changing tax regulations only worsen the situation leading to unnecessary delays and inefficiencies. A payroll service can free you and your employers of unnecessary stress and hassles of payroll administration.
Posted on Nov-10-2009
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637
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Outsourced Medical Billing and Coding Services - Why Every Medical Practice and Doctor Should Hire
Are you interested in improving the profitability of your medical practice? Is your in-house medical billing process cause of constant concern and worry? Is the number of denied claims piling up and you are unable to follow up on them? Are you unable to keep pace with complex and ever-changing system of billing codes? If yes, then a medical billing service is what you need.
Posted on Nov-09-2009
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866
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Collection Agencies - Top Strategies to Reduce Bad Debt and Contain Delinquencies
Businesses extend credit to drive sales and improve customer relationships. But this strategy is not without risk. It results in some bad debt. There are a number of measures you can take to reduce bad debt.
Posted on Nov-09-2009
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770
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Business Cash Advance - Can You Believe You are Only Three Easy Steps Away From it?
It is much easier and faster to get a merchant cash advance than it is to get a bank loan. Bank loans require loads of documentation, proofs, guarantees, and most importantly, time. Can you believe it only takes three easy steps to get an MCA?
Posted on Nov-07-2009
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667
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Outbound Call Center Services - Outsource Telemarketing to Avoid 7 Challenges of In-House Facility
Businesses outsource their telemarketing needs to a professional company because the establishment and maintenance of an in-house telemarketing facility is in itself a challenge. The installation of the required telemarketing equipment and training of an effective telemarketing staff demands the expenditure of a considerable amount of resources.
Posted on Nov-05-2009
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655
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Outsourced Telemarketers - How to Hire a Quality Service and Why They are a Great Boon for SMB
Telemarketing calls are very often viewed with annoyance and treated as spam calls to say the least. However, it plays a key role in garnering customers for various companies by generating new buyers or persuading existing customers to make subsequent purchases. Hence, telemarketing calls provide immense opportunity for businesses to effectively market their product and push up sales and revenues.
Posted on Nov-05-2009
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679
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Credit Card Processing – Looking For Better Rates and Service? Consider Third Party Agencies
Traditionally, credit card processing has been the domain of banks. Most merchants already have accounts with banks, and banks have never had trouble finding takers for their credit card processing services. But lately third party agencies are being preferred over the banks for many reasons.
Posted on Nov-03-2009
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664
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Payroll Outsourcing - Top 10 Compelling Reasons Every Business Should Hire
Opting for outsourced payroll solutions is one of the smartest business decisions you can make. In addition to giving you immense peace of mind and lightening the administrative burden on your staff, they provide you with a cost effective solution for organizing your payroll, paying employees on time, filing taxes and performing other essential tasks. The time and resources saved by outsourcing your payroll can be better utilized for tasks that bring in the revenue and grow your business.
Posted on Nov-02-2009
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713
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Phone Systems - Pick the Right System to Enhance the Perception of Your Business
A phone system is one of the most important and necessary purchases for your business. The right phone system can increase employee productivity and enhance the perception of your business for your customers, clients and stakeholders. Make an informed decision by learning about the main phone systems and how to pick a phone system vendor.
Posted on Nov-01-2009
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1477
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Debt Collection – Top 7 Tips to Tackle Difficult Debtors And Recover Your Money?
Recovering bad debt from non-paying or slow paying customers is a difficult task that needs to be handled skillfully to keep good relations with them and to avoid the legal minefield. This article gives you seven tips to handle delinquent customers and collect bad debt.
Posted on Oct-31-2009
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1164
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Collection Agencies - They are Real Blessing For Small Businesses and a Crucial Partner For Success
Bad debts affect small businesses more than large businesses. Large businesses have the buffer to survive bad debts while small businesses do not. If small businesses do not get payments on time, they cannot reinvest in the business for lack of funds and have to stop operations. In such a scenario it is important for all small businesses to partner with a debt collection agency.
Posted on Oct-31-2009
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1166
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Telephone Answering Service - 8 Tips to Assess Performance Before You Hire
An answering service is only as good as its customer service representatives. While customer-friendly and knowledgeable staff can improve customer loyalty to your brand and increase profits, unprofessional representatives can lead to loss of client base and business reputation. Therefore, it is pivotal to assess the performance of customer service representatives before hiring answering services.
Posted on Oct-30-2009
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680
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Collection Agency - Are You Accumulating Bad Debt in Accounts Receivables? You Have Three Options
The current economic slowdown is compelling increasing number of businesses to hold on to payables for as long as possible. Companies are delaying making payments to preserve funds for their own business operations. Studies have shown that payments delayed for long periods often go uncollected. If you have piled up bad debt on your books, you have three options.
Posted on Oct-22-2009
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691
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Outsourced Medical Billing - Assess Performance with These Key Metrics
A good Medical Billing Service has the remarkable potential to increase your collection rates by forty percent or more. However, how do they do it? Good metrics are the key to effectiveness of a medical billing service. Like any high performing business, they measure their performance with dependable metrics. If you plan to hire a medical billing service, look for these metrics to assess their performance.
Posted on Oct-16-2009
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672
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Credit Card Processing - Guide to Hiring Credit Card and Merchant Account Service
Ability to accept credit cards for payments is important for every business big or small. Customers do not always carry cash and often not enough. Studies have shown that average credit purchase is much higher than a purchase made with hard cash. People also tend to indulge in impulsive buying at businesses that accept credit cards. Why would you then not open a merchant account and accept credit cards? This article also gives some tips on how to obtain a merchant account.
Posted on Oct-13-2009
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702
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Payroll Admin Services - Hire Only if You See These Seven Habits of Highly Effective Providers?
Hiring a payroll service vendor is an important decision that needs to be evaluated carefully. If done right, it can result in alleviating the burden of payroll processing from the business owner and start a partnership that results in greater efficiency and lower costs. These seven practices differentiate the excellent service providers.
Posted on Oct-13-2009
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664
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Medical Transcription Outsourcing - It May Improve Quality and Lower Costs
Want to organize physician's handwritten notes and prescriptions into electronic documents without spending a fortune? An outsourced medical transcription service is the perfect solution for you. Outsourcing also helps you focus on your core, what you do best, taking care of your patients. This article is a guide to hiring a medical transcription service.
Posted on Oct-08-2009
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680
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Medical Billing Services? Let the Professionals Increase Collections and Lower Costs
Are you constantly getting mired in billing and collections for your medical practice? Is it difficult for you to keep track of insurance billing codes, rejected claims, uncollected bills? You can probably benefit from a Medical Billing Service. It can lower your costs and improve your collections from get go.
Posted on Oct-08-2009
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665
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Answering Service - Sending Your Customers to Voice Mail is Akin to Sending Them to Your Competition
Do you know that your prospects are likely to call your competition if they reach your voicemail. In this tough economy a missed call could be a lost sale or an unhappy customer that leaves you for the competition. Can you really afford that? Phone answering service is a reasonably priced solution that can greatly enhance your business image and credibility and every business should consider it.
Posted on Oct-08-2009
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590
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Payroll Services - Outsource Non Core Activities to Focus on Growth
Outsourcing non-core business tasks like payroll administration makes sense for most companies. It allows you to free up valuable resources and energy to focus on your core competencies. Payroll is one of those functions that may be ripe for outsourcing. This guide helps you make an informed decision regarding outsourcing payroll.
Posted on Oct-07-2009
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653
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Collection Agencies - Do You Know How to Hire One
All organizations have some customers who delay payments or even avoid them. Some unpaid dues or bad debt is an unavoidable problem for all organizations. However, for small businesses, bad debts can be nightmarish if left uncontrolled and can drastically reduce valuable cash flow. Collection agencies are an asset for all businesses as they are experts in the collection of unpaid dues from delinquent customers. They save you valuable time and money that can be used to fuel business growth.
Posted on Oct-07-2009
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