How to Collect Debts without all the Frustration

For any commercial business where credit is extended, there is inherent risk involved.  At some point in time, most corporations – or even small businesses – that extend credit to consumers will have to deal with the frustration of bad debt.  The issue is that most of these companies are not in the business of debt recovery services; most do not consider themselves a debt collections agency either.  No, a commercial business is in the business of selling items and extending credit when necessary.  Collection is a whole different realm which actually requires a good deal of expertise.

A Pile of USA Dollar BillsBecause of the frustration and negative emotional impact that go hand in hand with debt recovery services, many creditors show a lack of motivation in going after bad debt.  Really, the underlying thought is that your company has done its part by providing the services or product promised.  It’s reasonable, then, to expect to be repaid in a timely manner.  Dealing with a slow paying debtor, or a dishonest debtor who has no intention of repaying debt, is extremely frustrating.

To further complicate matters, our world has become a far smaller place thanks to the innovation provided by the internet.  There is good and bad to this.  Through the internet, a company has a far wider reach and can increase their sales numbers tremendously.  However, collecting international debt seems to lend further complication to an already frustrating process.  In this instance, the best thing to do is to locate a reputable international collection agency to handle these specific debts.  Be sure to look at the numbers of debts collected by an international collection agency.  Many may try to say they can get the job done, but the proof is in the pudding.  Every country has its own policies and procedures, which means that it really does take a highly skilled – and well connected – international collection agency to be able to negotiate terms for debt collection.  Finding such a company to work with you on debt collection is a far better idea than simply writing off bad debt.

500 and 100 Euro BillsHandling debt collection takes skill and motivation, two things that may be lacking to handle this type of thing in-house.  One thing that will need to change in order for you to attempt to collect debts without the debt recovery services of an outside company is the right frame of mind.  In order to approach this whole scenario differently, it may help to develop the mindset that you are locating lost money, or increasing sales figures by collecting debt.  Establishing a new mindset allows the collector to approach this process in a more professional, less negative way.

Collecting debt is a very real and very important part of running a business.  That does not mean, however, that it is a task that must be handled by the business owner or even by an in-house employee.  The best way to minimize the frustration of dealing with debt still seems to be to enlist the services of a professional company.  By doing this, you hand over this important task to a company whose business IS collecting debts.  In this way, your operations can be “business as usual”.

How to Succeed in Running a Retail Store

In today’s fast paced, web savvy society, most people who are interested in opening their own retail shop first consider doing so on the internet. Internet stores are great because they have a far reach and seem to be fairly easy to operate. This is truer, however, when the potential business owner has done their homework. Even an online store may be in need of inventory; of software applications such as Quickbooks Point of Sale. Regardless of whether you are thinking of opening virtual doors or real doors, held together by brick and mortar, having the right equipment is high priority. Even more than that, though, are the essential qualities that are needed in any retail business owner. Some may be more applicable to running a local retail store; but certainly even the online retailer would be more successful with these qualities.

The Pork Store NYCCreativity is a must for the retail business owner, especially when there will be a storefront. It is through creative thought that displays are built; that new products are brought in and that marketing becomes more effective. Put your imagination to work and consider how your store can be styled in order to bring more attention to the items you are selling. How can you arrange the space in order to create a welcoming and comfortable environment for customers browsing your collections?

All the creativity in the world cannot save a budding retail store, however, without a good dose of organizational skills. Some people who are interested in retail are so because it seems like a fun industry. While this is true, it is essential that a business owner be organized with their time and their equipment. Quickbooks POS is one tool that has come onto the market in recent years. The whole goal of Quickbooks Point of Sale is to allow retail owners to track all necessary transactions. In fact, the Quickbooks POS software is even able to track inventory. It is through simple tools such as this that organization can be maximized and a local retail store can flourish. Combine what creativity you have with the necessary organization and you are well ahead of the pack.

Womens clothing in a retail storeSomething important to remember in any venture is that, even in an industry that is fun, work is involved. It is therefore best to get involved in a retail industry that you are very interested in. If you have more passion for skin care than leather purses, then you can quickly discover that a skin care boutique would be a far better retail niche for you to involve yourself in. Whatever niche you choose, it pays off to immerse yourself in it fully. The owner of that skin care boutique should learn all there is to learn about the different products they offer. Which cream does what and does it the fastest? What specific ingredient in that cream makes it so special? What new products are in development? The more passionate you are about your industry, the easier it will be to learn all about it. The more you know about it, the more successful you will be.

Truth be told, there are a lot of things you will learn along the way as you build your retail shop. Starting out with the right mindset as well as the right equipment, such as Quickbooks pos, you set yourself up to experience the success you have imagined. Remember that it takes hard work and discipline to succeed. Keep a clear vision of your goals and work hard every day to get closer to them.

How to Maximize Efficiency in your Business

Efficiency in operations is high priority in any business environment.  Whether you have a catering business that hosts several parties each month or you run a multi-department healthcare agency, efficiency is one very big key to success.  As a business owner or manager, it is up to you to consistently analyze what’s happening within your workforce and determine if and when improvements need to be made.  Here are a few tips on how to maximize efficiency in the workforce.

Within any company, there may be some tasks that can and should be outsourced, and some which should be handled by in-house employees.  One of the most common tasks performed in companies today is that of ID cards.  In any place of business, you can observe that employees display a badge within an ID holder.  Companies have the opportunity to outsource this task or to handle it within the existing workforce.  What may be needed to craft cards on the premises is a high quality photo ID card system, cards and an ID holder for any new badge printed.

It shouldn’t be assumed that a photo ID card system is a high dollar item that isn’t worth the investment.  There is a wide variety of card printers on the market today, and a photo ID card system is easy to locate.  In order to determine if printing your own cards would be more cost effective and efficient, do some research on a few different photo ID card systems.  Be sure to include costs of all supplies you would also use, such as the plastic cards you would print on, replacement ink cartridges, and ID holders.

Increase business revenue and productivity

If you want to run your office at highest efficiency, look at organizational practices among management and within each department, right down to the very last person.  Many people are not naturally organized.  To make sure your business operates smoothly, it is your job to create and then implement organizational practices that will assist each and every employee to maximize his or her own efficiency.  Collaborate with your management team on how to organize the different departments based on tasks they perform.  Then set out to work with individual departments and employees to organize their personal spaces and daily routines.   For instance, suggest that employees determine specific times of day when they will check email and voicemail.  This single step can save each employee several minutes each day.

Believe it or not, the way your office or offices are laid out has a direct impact on overall performance of your workforce.  Look at where essential office equipment is located.  Is it all in one spot which is easy to get to?  All employees who utilize machines should be able to get to them quickly and easily.  It may be necessary to purchase additional equipment so that departments who utilize a particular machine frequently have ready access at all times.

As well, different employees or departments which interact frequently need to be located near to one another in order to cut down on “travel time”.  Don’t be afraid to tear down cubicles or rearrange desks in order to facilitate easier communication between employees.

While these suggestions seem very basic and simple, they make an enormous impact on the efficiency of an office.

How and where to buy scrubs online

I have a friend who’s studying to become a Radiologic Technologist (aka X-ray Tech) and he graduates later this year. We were talking about career choices, your expected duties in your field, equipment, etc. Then we got on the subject of how people dress. Casual vs business attire vs uniform. He has to have his own scrubs on the job and he was looking for some discounts. We both did some searching and found an great site to shop for scubs online. He wanted something that fits good, looks decent, and is priced accordingly. He ordered some from this site:

Doctors Nurses and Radiologic Technologists and Technicians on hand at the hospital

Having multiple sets of scrubs come in handy! You never know what you're in for at the hospital.

Their men’s scrub feature a top with one pocket and scrub pants with two back pockets. Also they’ve turned the classic scrub top into a slimming shirt that’s cut just long enough to tuck in or wear out. The pants are low-rise boot cut which is not always easy to find. Also, wrinkle resistant is key, especially because he’s busy and doesn’t fold his laundry that often.

The site is worth checking out if you’re in the medical field. They offer a variety of uniforms and they also have doctor and nurse uniforms and supplies. Shopping online is simple, just click, browse, add to your shopping cart!

How to Choose the Right Tax Attorney

People experiencing tax issues such as audits, tax debt, or accusations of tax evasion and fraud may underestimate the importance of understanding how to choose the right tax attorney. But if you are having trouble with the IRS, ignoring the problem will only lead to more fees and more problems such as fines, interest charges, liens on homes or businesses, wage garnishment, and even imprisonment. You have worked hard for what you have, which is why you need to understand how to choose the right tax attorney to deal with your financial concerns.

Preparing a tax audit

There are two types of tax attorneys that you will encounter- those who specialize in tax law, and those who are in general practice but also do tax law. Choosing a tax attorney who specializes in tax law is the best way to ensure that your interests are properly represented. You will want to start by finding out about your attorney’s professional reputation by talking to former clients. You will also want to check with your state’s bar association and the IRS to ensure that your tax attorney is in good standing.

When you are wondering how to choose the right tax attorney, it’s almost a given that the fee charged by a tax attorney is going to be an important consideration. The simple truth is that good legal reputation doesn’t come cheap, but it can often be far less expensive than the alternative. Before you begin working with any attorney, he or she should tell you how much they will charge in terms of hourly rate, and they may even give you an estimate of what the total case will likely cost. Be sure to think about what you will need to do to pay the bills before you agree to using a particular attorney. You may want to talk to several local tax attorneys to find out what their fees generally are, and you will also want to find out which attorneys offer a payment arrangement that you can work with. In most cases, your tax attorney will require a “retainer”, which is like a down payment for work that will be done. Some attorneys will charge only a fixed or flat rate, but this is usually only true of simple cases that will not require significant amounts of research or court time. There are also some tax attorneys that will work on a contingency, which means that they will collect a percentage of the money you are awarded or the amount you save in addition to court costs, fees, and other charges.

Another important consideration on how to choose the right tax attorney is determining whether his or her personality will work with yours. You will want to be sure that you can clearly communicate with him or her, and feel that he or she will do their best to represent you. While choosing a tax attorney can be a little bit scary, it is also the best thing that you can do to protect yourself when dealing with tax issues.

How to Create a Great Business Card (10 Tips)

A business card is not just information, many times it’s a part of yourself and represents your company. Here are some tips to making a great business card.

  1. Choose stationary that fits the theme of your business.
  2. Select the appropriate design on your business card.
  3. Add an image to your card.
  4. Make your business card memorable and not boring.
  5. Don’t put all your business information on your card, it may be too crowded and it won’t look like a business card. Make the information short, simple but meaningful.
  6. Make sure that the print of your business last long or better yet make it water proof.
  7. Keep your business card from errors especially the contact numbers.
  8. Make at least a hundred copy of your business card. To make you card last long.
  9. Put some magnet if possible on your business so it will be placed on the ref, pc or anyplace where they can hang you business card.
  10. Make sure that you name is highlighted on your business card just like your business name.

How to Increase Traffic Count for Your Company’s Web Page

Many businesses are discovering that Internet marketing is the way of the future. Gone are the days of trying to reach lots of potential new clients by advertising in the local newspaper or radio station. Now, small companies can get the word out about their business to thousands of people every day at an affordable rate.

One of the beauties of Internet marketing is the number of people you can expose your business’s services and products to each day. One of the drawbacks about this, however, is that tons of businesses are trying to use online advertising to their advantage. So how do you get your company noticed amongst all of the other ones? One way is to create a website that generates a lot of traffic hits. This will guarantee that people are seeing your business and all that you have to offer.

In order to get high traffic counts to your business’s webpage, you need to use social media tools and other Internet strategies. One way to up your traffic counts is to start a blog. You need to make sure that you have high quality content being posted to your blog at least every other day. This will draw in a loyal readership and allow you to interact with your clients.

How To Increase Internet Traffic and Clicks
Another important item to keep in mind is using social media sites such as Facebook and Twitter. These two sites allow you to speak directly with potential clients and build up a personalized relationship with them. You can also share important updates in your company and also great daily deals that will attract a bunch of people.

If you want a risk-free way of drawing people in, then you should invest in customized promotional products. Giving out free gifts to people for just visiting your website will entice others to do the same and eventually increase your traffic counts.

Internet marketing is a fabulous way to advertise for your business. It is cost efficient and effective. Just be sure to try and get a large traffic count for your webpage to ensure that people are seeing your business. You can do this by starting a blog, using social media tools and also giving out free gifts from promotional products companies. You will love being able to see the success of your company through Internet marketing strategies.

How Small Businesses can Make Money using Twitter

Any small business could use more ways to advertise. You need as much exposure as possible. With the increase in social marketing, it’s only fair that the small businesses get the most out of these services. Here are five ways that your small business can make money with Twitter.

1: Sell products on Twitter

You can use Twitter to tell customers and clients about a sale that you are offering for that particular day or week. This is one of the best money making ideas on twitter if you are a small business. At midnight, send out tweets to your followers. You can say something like, “24 hour sale on buy-one-get-one-free”. You will notice an increase in your traffic to your site. Everyone loves a sale and you reach more people through tweets than sending out individual newsletters to everyone in your address book.

2: Look for leads to help increase your followers on Twitter

Maybe you have a few leads but did you know that you can increase the amount of followers that you have by the thousands? That’s right; Twitter is a great lead generation tool. You can reach many of the younger generation through mobile social marketing. Go to and then enter a few keywords to help describe what you are offering. You can enter complete phrases or stick to one or two words as long as you say what you need to say, people will listen. It doesn’t take long to get the attention you need.

3. Turn followers into potential clients or customers

Offer a product or service that would allow your followers to vote. When they vote, they feel as though they are important and their voice is heard. They vote for something that they like or don’t like. If they like it, they can buy it.

4. Sell products to promote Twitter

I know how can helping Twitter help you? It can help you in many ways. If Twitter is offering something, which it does sometimes offer apps and logo items, you can promote it to all your friends by tweeting. This helps Twitter and keeps your friends and clients in the know. You can create more followers when you become Twitter-friendly.

5: Create a larger client base with customers located everywhere

Remember, Twitter is world wide and that means so is your clients. Whether your business is on wheels are sitting in an extra room in your home, people will come to you if they know how to reach you. There are many possibilities when you use Twitter to reach potential customers all around the world.

Use all five ways to increase your business through Twitter. Start building up your followers by commenting on Twitter every day. If you don’t have a promotion or sale going on, then type something funny or interesting. Tweet about your business and always be positive, never negative. Don’t use Twitter to thrash the competition as this turns followers off. You can change these ways to suit your business but they will get you started and using Twitter on a regular basis. More people, both young and old, are using Twitter to keep in touch and to learn more about what is happening around them and that is how it can benefit you and your business.

About the author: This is a guest post by Sam Baker who writes on the blog gradmoneymatters, a different kind of a personal finance site focusing mostly on how to make more money.