Effective Collection Management and Strategies

1. Email: businesscoachphil@gmail.com
Website: www.businesscoachphil.com

2. * Develop a good credit
screening policy.
* Act promptly if there is a
delay in payment.
Email: businesscoachphil@gmail.com
Website: www.businesscoachphil.com

3. * Evaluate the reason(s)
for non-payment.
* Send reminder letters.
Email: businesscoachphil@gmail.com
Website: www.businesscoachphil.com

4. * Be firm but
respectful.
* Be innovative in
locating the debtor.
Email: businesscoachphil@gmail.com
Website: www.businesscoachphil.com

5. * Use the small claims
court when possible.
* Do not be afraid to sue if
there is no other
recourse.
Email: businesscoachphil@gmail.com
Website: www.businesscoachphil.com

6. * Get what you can if it
seems the best
option.
* Be persistent.
Email: businesscoachphil@gmail.com
Website: www.businesscoachphil.com

7. Do you want to learn more?
Call us now!
(02) 227.01.42 / (02) 496.69.49 /
(02) 727.56.28 / (02) 727.88.60
www.businesscoachphil.com
Email: businesscoachphil@gmail.com
Website: www.businesscoachphil.com