Tuesday, February 27, 2007
Every now and again we have an account who doesn't want to pay. Just stops answering calls.. doesn't respond to faxes or emails..
I swear I hate this part. They are always the accounts who are "given" terms under the guise that they are "good" accounts and their background has been checked.. blah blah.
After a while I just start to get mad. It's those accounts too that place an order with a credit card and you go to run it and it says "declined" every day of the month you try..
SO advice to myself and to those who are starting in this business.
1. Only take credit cards. No terms.
2. Check backgrounds (Ask for other lines a store carries and call them to see if they pay their bills on time)
3. Include an interest clause on your purchase orders..
4. Find the name of a bill collector.