Late Payment and Collections Report

downloadable

By: Selling to Retailers


This product is offered by

Selling to Retailers

Learn more

Late Payment and Collections Report

downloadable

By: Selling to Retailers

Procedures for collections

$1.95

If you have already purchased this Digital product, sign in to access your purchases

Quantity

Details

With the increase use of credit/debit cards for payment on orders, collections is the not the issue it was five to ten years ago.  But there are still times when I find I need to use good collection procedures.

Interestingly, I had two vendors this last month that were having trouble getting paid on their invoices.  In one case, the vendor was very upset, had made several calls to the store and was ready to shoot me and the store owner!!

Fortunately, I tend to be very good at collections!  I guess this is because I, too, have experienced the unfortunately situation where I could not pay my bills on time.  But, also, successful collections requires a bit of patience, understanding, and open-mindedness.

When the economy dropped in 2008, lots of folks were in financial trouble.  In most cases, using compassion worked with these delinquent payers and (who were wonderful for paying on time before this) got me the checks.  One store owner even told me that she was paying me first because I had been so nice to her about it.

First lesson in collection late payments:  DON’T ASSUME THE STORE BUYER IS TRYING TO RIP YOU OFF!  Trying to collect with a negative attitude is always the kiss of death!!  Most late payers often have a good reason for not making payment, which brings us to lesson #2:

IF A STORE HAs NOT PAID THEIR INVOICE, OFTEN IT IS BECAUSE THEY HAVE LOST THE INVOICE, NEVER RECEIVED THE INVOICE OR MISFILED THE INVOICE.  Easiest solution is to contact the store and ask if they need a copy of the invoice.  In about 75% of the time, this one contact and action will get you paid.

Like I said in the beginning, I have a set system I follow when collecting late payments.  For a free copy of this report, please click the link below:

 

 

Store Policies

Thanks for visiting my Meylah Store!! 

I hope you find lots of resources to help you along in your growing business. We want you to succeed, so our eGuides have a 100% money back guarantee:

90 Day Guarantee for Selling to Gift Shops

READ the eGuides. Put the information to work in your business, and if you do not find some tips to help your business grow within 90 days, ask for your money back, and I will CHEERFULLY refund your full purchase price.

Contact me if you have questions: GiftRepSandy@gmail.com

Customer Reviews

No reviews yet

This product is offered by

Selling to Retailers

Learn more

More from Selling to Retailers


Featured Products From Small Business Trends Marketplace

Thank you for your interest in our incentive!

To apply and receive this incentive, fill in the form below. We will contact you on how this incentive works and how we can support you in the implementation. You will receive a confirmation email with a download link to important information about this incentive.

You will receive a confirmation email for your request. The confirmation email will consist of a link to download necessary content in relation to this incentive/offer. By downloading the content you also agree to confirm email subscription form the store and the marketplace. You can always unsubscribe to email subscriptions at any time you wish in the future.

×

Thank You for your interest in my free download!

To download this free content, just enter your e-mail address below. We will send you an email with the link to download this free content.

Please verify your e-mail subscription in the confirmation e-mail you will receive. You can always unsubscribe anytime you wish in the future.
×
Top