Tulsa-Smith:- emotional...: Get some professional help with debt collection

Sunday, August 03, 2008

Get some professional help with debt collection

Debt Collection really is for the professionals. the days of henchmen being sent after debtors is certainly more in the movies now than in reality.

The business of retrieving receivables just went corporate because the lone ranger type of debt collector is going out of business, as reported recently in the news when one South African debt bounty hunter said that he was leaving the business because he was getting tired of his solo act.

Anyway, the professionals at American Profit Recovery do just that. All you need to do is make them your third-party debt recovery agents so that your company can focus more on doing what you do best.

Let me give you two examples of some of the tricks some debtors used on an old colleague of mine who read Accounting but wanted to dabble a little into industrial ventures,

His transportation and soap making businesses failed because of the unrecoverable debt he was owed. his debtors usually gave him the run around until he got fed up and gave up trying.

First of all, the driver he chose for his taxi transportation franchise did not make the daily returns agreed upon but always found an excuse to explain away why the car broke down or why there were no passengers.

That went on for about two years and, worst of all, the driver wrecked the car one day and immediately turned in the car keys to the owner with the deepest of apologies.

Incidentally, somebody heard him say some months later that he would find time to thank my colleague for helping him to buy his own taxi cab!

The soap business failed because he continued to extend a credit line to his distributors without consolidating the actual total returns he was getting.

In summary, if you are located in the United States of America and saw yourself or your company depicted in any of the scenarios in this post, then you should know that it would be wise to call in the professionals at American Profit.

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Greenville, Rhode Island bakery owned by the Cavanagh family, which uses the plant to produce church communion bread from just water and bread. That business is known to produce about 850 million sacramental wafers annually and to supply 80% of the Holy Communion bread used in American, Australian, Canadian, and British churches. The only middlemen in the supply chain are nuns living in convents! Now they want to expand to West Africa with their Christian sacramental ware for Pentecostal, Catholic, 'New Wave', and Orthodox church offerings. I make reference to the so-called New Wave churches - my term for those churches that broke away from the orthodoxy of the Protestant fold, just as the latter roke off from the Catholic church by virtue of the exploits of Martin Luther centuries ago. Many new-wave and other church goers in the generally undeveloped West African subregion of Africa pay more to religious organizations in monthly tithes and offerings than they do to their government in personal income and value added taxes. Now, that last fact is quite interesting because it is an admission that a bakery in Rhode Island has seen a huge market in the center of Black Africa for small white perfectly laminated and non-crumbly holy wheat bread, reportedly costing "less than a penny" apiece, for the use of both the bible-reading and the bible-believing religious organizations. However, the picture from the Cavanagh's factory floor speaks volumes, in my own opinion, about the need for the company to watch its business ethics and to treat all customers equally irrespective of location, creed, or other discriminatory demographic information or criteria. So, I just hope and pray that the wafers falling off the conveyor belt and by the way side are not destined for West Africa and that the actual wafers delivered will be wheat bread and water, and not just glutamate-free bread and 'pure' water, if you get my point, even if so requested by some shady, greedy, and unethical businessmen over in West Africa. Posted by Okonkwo O. Awa on Sunday, December 28, 2008.

In the summer of 2007, Pope Benedict XVI (BXVI) encouraged The Church to reach out to young people using new technologies, as he himself learned to send out cellphone text messages to the faithful. So in obedience, a tech savvy evangelizing Catholic priest got some help from a Web designer in order to write all the daily books of prayers into a low-cost computer software application downloadable onto the iPhone. Rev. Paolo Padrini's iTunes prayer book was officially approved by The Vatican's Pontifical Council for Social Communications in December 2008. Of course, all proceeds from the electronic prayer book venture will go to charity. Speaking of charitable behavior, The Holy See has seen it fit after 400 years to honor Galileo Galilei in 2009 as the "patron" of the non-mutual exclusivity of the faith versus reason dichotomy. That is very appropriate in this age of new technology, even though The Church still smarts from its error of judgment in calling the famous astronomer a heretic after he publicly embarrassed The Church by reporting that his scientific observations in Astronomy with his unique telescope had led him inexorably to believe that the Earth actually revolved around the sun, in direct opposition to the teaching of The Church at the time that Planet Earth was the center of the universe. In seeking to paint the Church in a new light of worldly knowledge by distancing itself from a past of imbibing pure dogma, The Vatican may have ventured to cross the final frontier and boundary between Science and Christianity by acknowledging recently that there could be life on planets other than the Earth! Posted by O. O. Awa on Wednesday, December 24, 2008.