Commercial Collections Blog

Putting a smart cash management strategy in place is important for your business practice.  The key for a company is to manage its outstanding accounts receivable. If old balances aren’t written off, your A/R becomes inflated and gives a false view of what is really collectible.  Your current A/R should accurately represent what your company is owed.  Know what’s on your A/R and what the depreciation is.
For example, items that can or will be later returned are actually inflated receivables and don’t correctly reflect your expected cash.  Holding on to old accounts can also be costly.  Excessive follow-ups and multiple invoicing attempts may inevitably cost more than what the receivable was originally worth.

Put a process in place regarding write-offs.  Set a standard for what you are willing to turn over to collections before writing it off your A/R and what you can comfortably write-off without additional collection efforts.

We can help you determine what is really collectible.  For more information on our collection services call 877-740-7839.

Burt & Associates
Solid Experience. Strong Solutions. Since 1979
for Collection Agency Price Quotes

Technorati Tags ACCOUNTS RECEIVABLES, cash flow problems

With healthy cash flow essential to the financial success of any company, firms must be aware of alternative strategies in times of lean cash. One strategy that can be used, especially by smaller companies experiencing a cash crunch, is that of inventory-based credit. For example, some finance companies specialize in lending money based on inventory rather than receivables, assets and purchase orders, while others can provide a revolving credit line for owners of small businesses. The trade-off is that companies that need cash, while they’re waiting to get paid, have access to money to tide them over. In addition, accounts receivable financing is also an alternative as well as making certain your firm not only has a well-oiled collection policy in place but your past due accounts are referred to third party collection services in a timely manner. If you are looking for a commercial collection agency in Cleveland call (440) 941-6578

Technorati Tags cash flow, cash flow problems, Commercial Collection

The cyclical turns of the economy can take their toll on companies. But in order to survive and flourish, companies must develop clear strategies on the one hand and avoid a number of common mistakes on the other. First, besides the need to raise money, a company must have a plan of action. When discussing a firm’s health, owners and managers must be honest in their appraisal of the firm. They should make realistic projections and not just overly optimistic scenarios. Most important for newer companies, they must address the issue of cash flow. For free report call 1-877-740-7839 or visit or commercial collection agency site

Technorati Tags burt and associates, cash flow problems

Or you have a small or large business, cash flow management is important to any business. In today’s uncertain economy, raising interest rates, many small businesses face the problem of limited funding. Collections should be no delay in raising funds for their activities. You should collect the money as quickly as possible. It is necessary to try to speed up customer orders, this by having orders by fax to get them as soon as possible and for you to send invoices on the same day the products or service are provided without any delay. Indicate in the invoices when is the due date, and to define the interest on late payments. How will you manage your cash flow effectively?
To help you with that Burt and Associates is ready to guide you and relief the stress of short cash flow. http://www.burtcollect.com/

Technorati Tags Cash Flow In Your Business, cash flow problems

Don’t Take “No” for an Answer – Cash is King

“You can survive decreased profits if you have cash flow, but… if cash flow takes a dive, you’re in trouble While most business know the above to be true, most have been told by their financial “partners” that they do not meet the criteria for additional capital, even though their financials are strong and their ability to repay is not in question.  The past 18 months demonstrated that even financially healthy companies were hamstrung when it came to accessing capital. Every company should have multiple sources of liquidity – in good times and bad. It is your fiduciary responsibility to be “cash prepared.” Look for ways to optimize your balance sheet and alleviate your cash flow management concerns. Seek out reliable partners that will help you to finance your growth on your terms and, ultimately, work with you to reduce your cost of capital. For example, Burt & Associates allows you to decrease your DSO and improve your financial performance by allowing you to set terms that work for you. Like we said, Cash is King!

Technorati Tags cash flow problems

In the last few months, the infamous Ponzi scheme gained the limelight once again, notably with the revelations of a huge fraud perpetrated by Bernie Madoff, now behind bars. A Ponzi scheme, in its simplest form gets you to allow the collection company to contract for a service then collects and keeps the money in a foreign country where you can not get to it.

Once the business is shown to have been a Ponzi scheme, the company has paid your claim and you are not getting the money no matter what you do, the real collection company has all the necessary credentials necessary to alleviate your fears and get the job done.

Watch out for the collection company with the fast new story and the low rate because they just may not be for real and your money may end up in a foreign country and be gone for good.

Technorati Tags cash flow problems