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Debtors and Past Due Accounts

June 10, 2016 by  
Filed under Blog

Debtors and Past Due Accounts

Have you ever been stuck by clients who string you along for payments? You’re not alone. This is a common problem and while most customers pay on time, some will continue to find a reason to not pay. They have the money and drive a BMW but it’s play-time when it comes to paying you. Some even string you along for months or until you decide to fire the customer. In virtually every case, the client needs to be trained to pay. That is our job. As business owners, we must know the secrets to getting clients to pay. Just like marketing to sell, you have to market to pay or suffer the consequences. The faster you solve this problem, the faster you can get paid and reduce the stress related to past due accounts. Yet countless business owners put up with this aggravation of debtors for years because they feel it’s normal and they cannot change it.  

The fact remains that there are proven strategies to combat this common problem, but you have to rethink how you are doing things so you can stop the aggravation. I find it questionable that business owners would rather continue to be highly frustrated than to take simple steps to correct this problem and it’s “business as usual”. I have worked to solve these everyday challenges with fortune 500 companies as well as small businesses. The real problem is most business owners do virtually nothing to get help themselves by learning the techniques that break the pattern of their past due accounts. As a result, they continue to lose money and get disappointed by customers who are great at playing games. 

Since 1989 CJM Billing Solutions, Inc. has been helping businesses just like yours experience greater cash flow and increased revenue. We work with small businesses and fortune 500 companies to give them the tools needed to stop people from paying late and teach proven methods so business owners can enjoy greater success. Learn how to deal with past due customers and bring them into a habit of payment. Influence current customers to pay on time and set the tone for new customers to stay current? CJM Billing Solutions is the leading consulting firm; experts in billing, payments and collections. It takes a special kind of person to run a business but it takes experience to bring the money in with little or no hassle. Visit us at CJM Billing Solutions or get our quick guide to higher revenue at Top 10 billing secrets.

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