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New Year Business Goals

Aside from making New Year’s resolutions in your personal life, you should make a New Year’s resolution for your business to keep a better eye on your cash flow. You might think you have a handle on it, but there is always room for improvement.

Cash flow is the key to every successful business. Keeping track of your receivables is something you don’t want to let slip.

Here are some things to consider:

1.  Who owes you money? : Get a firm handle on who owes the business money and create a plan to get your customers current. Always pay close attention to your outstanding receivables.

2.  Review your procedures for getting paid: Take a hard look at what […]

Charities of Choice 2013

Fall is here and as I’m quite sure you’ve noticed, the summer days are over, but not everyone was lazy this summer. Our American Profit team has been hard at work raising money for some well deserving charities this summer and we just tallied up our totals.

As we finish up our Summer Charities of Choice program we are proud to announce that this year our team has raised the most in the programs existence with a total of $3,718. The money raised by our collection agency team will be donated to charities that were chosen by our team themselves. There is a wide range of charities this year from helping veterans, to saving lives, […]

2020-09-27T13:27:04-04:00September 27th, 2013|Categories: Community Outreach|Tags: , , |

What is The CFPB?

The CFPB is the Consumer Financial Protection Bureau and is a government agency whose mission is to “make markets for consumer financial products and services work for Americans.” The CFPB is now involved in the debt collection industry, monitoring consumer feedback and complaints, and any collection agency conducting business in this country needs to be aware of the bureau and their standards.

Like many laws and agencies that are formed, the future is a bit unclear and their role in the collection industry and the collections and receivables of any debt in general is still vague. What we can tell you is that we are keeping an eye on this and will update as often as […]

2021-04-03T15:24:37-04:00August 14th, 2013|Categories: Advice for Businesses|Tags: , , , |
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