Owed Money?

Dawn S. • September 29, 2022

OWED MONEY???

Owning your own business is not easy...

Due Paid

You’ve got so many things and tasks to think about and stay on top of. Never mind you need cash flow to keep your business going and profitable. Employees and monthly bills don’t pay themselves. Although you’re probably wishing they did. If you’ve got clients in severe arrears, it may be the time to outsource the collections of those accounts. The hours in your work day shouldn’t be wasted by calling severely past due clients by you and your staff. That’s a waste of time. A look at hiring a collection agency will be beneficial and help your cash flow.


The use of a collection agency will not harm your good name, if that is holding you back. Enlisting the help of a service like Go Beyond Collection Agency will prove to your clients that you take your business serious. A good collection agency will keep your good name intact to your customers. Before you hire a collection agency, there are some things you need to be aware of because they are another a small cost to your business. As a business owner, you probably have acquaintances that can recommend an agency that can assist you and has proven results. Find out what the agency’s fees are before and after collection. The fee may be a factor in your decision. When one of your clients is collected, when should you expect your payment? An agency that services several different types of businesses and their accounts would be helpful to know. That would prove that their staff is well-versed and flexible and would meet your needs. Don’t hesitate to ask for references.


 A Go Beyond Agency’s staff know Ontario’s rules governing the collection of funds, so you don’t need not ask about them, that’s their job. The people handling your clients need to be ethical and respectful. You should be able to reach out to the Agency and ask for updates on your delinquent accounts at any time. After all, they’re contracted and working on your behalf. Find a company you’re comfortable with, has a lot of experience covering your needs and will put you, the busy business owner first. The bottom line you need to figure out is if the outstanding amount/s are large enough to collect with an agency or should they just be written off? You, your accountant and collection agency can make that decision if you have hired a collection agency. A collection agency will also be upfront about their success rate, if not, ask. You need to know that information.


Go Beyond Collection Agency will work to help you. Call them at 1-877-300-6006 or (905) 546-1212.

 

 

 

 

 

 

 

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