Plumbers, electricians and others are honored but sometimes not paid on time
Online PR News – 20-September-2013 –American Profit Recovery a collection agency based in Michigan and Massachusetts joins many in honoring the many tradesmen that work hard every day. They do this by offering sound advice on how to many on how to get paid on time for their services.
IRWIN Tools is leading the effort in calling Friday, September 20 National Tradesmen Day to celebrate electricians, plumbers, mechanics, and many more hard workers who make daily life possible. American Profit Recovery is proud to have helped many trades businesses across the country as well and will happily celebrate tradesmen on September 20.
Many small and local businesses donít get paid on time, and suffer as a result. This can affect local or independent tradesmen, who go unpaid or underpaid for their services. So to help tradesmen get paid for their hard work, APR is happy to share some of its best tips when it comes to preventing and collecting late payments.
Payment Terms Up Front: Make sure customers are aware of payment terms and conditions. Contracts are very helpful, so try to get as much of the agreement as possible in writing before taking on a new customer.
Information: Be sure to collect as much information on your customers as possible. Credit-worthiness, addresses, and multiple telephone numbers and email addresses are all useful when it comes to reaching customers.
Follow Up Is Key: When a customer does not pay on time, follow up is vital to resolving the debt and keeping the customer. A good first start is to follow up by mail, but eventually collection efforts should get more assertive. Waiting 60 days to pursue a late payment is also recommended.
Get Help: Find an agency that offers a flat fee collections system that any size business can afford. Search for an agency that fits your style and values, as well as those endorsed by the organizations and associations the company may be a part of. If diplomacy is important, pick an agency that values diplomatic resolutions. Itís fair to both the business and the account, and helps retain customers.
For more information on National Tradesmen Day, click here: http://www.irwin.com/nationaltradesmenday
About American Profit Recovery:
American Profit Recovery (APR) is a collection agency with offices in Massachusetts, Michigan and North Carolina. Founded in 2004, APR specializes in the collection of third-party debt in industries such as medical/dental, banking, trades, lawn care and other professional services. With early intervention and a strong focus on ethics and diplomacy with consumers, APR works hard to preserve the relationship between client and consumer with an ultimate goal of keeping the business relationship intact. The firm serves approximately 3,500 clients nationwide. American Profit Recovery and their team have earned many awards including Best Places to Work in Collections, The ACA International Foundation Fellow Award and Banker and Tradesmanís Gold Readership Award. 800-711-0023 http://www.americanprofit.net/