Business Beware Eliminates Percentage with Customer Collection Letter

As a business after you complete the work or job, you need to get paid. This does not always happen right away with some customers. Your last resort is usually a collections agency..
By: Ashley
 
Dec. 1, 2009 - PRLog -- As a business after you complete the work or job, you need to get paid.  This does not always happen right away with some customers. After sending out late notice after late notice sometimes you have to go to your last resort to use a collections agency. With using collections, they send out a letter to the customer letting them know that they need to pay the business asap. If the letter is successful and the money is paid back to the business, the business has to pay in a percentage (usually between 20-30%) back to the agency for collecting their money. Most of the time this does work but the only downfall is that you as a business have to pay a portion out of the money you were originally trying to collect for your work. And when you own a business you to retain all the money from those jobs, to cover your expenses you spent in completing that job.

If customers are ignoring late notices and they are necessarily a one to file a complaint about Business Beware created a new service to send the customer a letter stating that they will be posted on the website "if" they do not pay. An official letter from "Business Beware" might just be the nudge that the customer might need to send in their payment. They may not want to risk being listed on a website such as Business Beware so the customer will send in the payment. Here is a recent testimonial from Rachel a Florida business owner:

“Thank you so much for sending this letter to my non-paying customer! For months I have been trying to collect from them but once they received the letter, I got a check in the mail a few days later! With you not collecting a percentage of what we collect helps us out tremendously! Thank you for providing this service to businesses!”

This letter could almost serve as a "collection" letter, except Business Beware would not be keeping any percentage of the collected payment! Customers use the Better Business Bureau as leverage to get what they want if they are not happy, so why not use Business Beware as your leverage.

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Business Beware is where businesses can warn each other about problem customers in the same way the Better Business Bureau lets customers file a complaint against a business.
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