How is the economy effecting your business?

“How is the economy effecting your business?” is what we are all hearing during these very unpredictible and uncertain  economic times.   The popular feeling is that as a “collection agency”  we must be really booming.  In September, the California Association of Collectors group that we are a member of conducted a survery asking this very question of collection agencies.

Some members reported they are experiencing more inventory, but it is less collectible or the recovery cycle is longer or non-existent.   There are peaks and valleys in the economy when the economy starts to boom, receipts will reflect that.  Meanwhile, keep a close eye on expenses using caution when budgeting for 2009.  Be flexible, look closely- there may be a diamond in the rough.  Ride the wave carefully.

Sound familiar?  These comments can be applied to almost any type of business or personal situation.   We are here for the long haul and look forward to the cycle changing for the good.  E-mail us your comments.



What’s Good to Know

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Do You Have A Little Sherlock Holmes In You?

One of our main functions as your Collection Agency and an extension of your office is to locate a debtor,be they far or near.  Our staff is constantly on the lookout for debtors in the area, at the market, retail stores, anywhere out on the street.

We can always use our clients assistance whenever they might *spot* a debtor.  Very often you might know your debtor on sight (without a name tag or business card) when you happen to come across them out in the world.

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You can help us, help you, by giving us a call with any updated information you might have.  It takes all of us working together to *Sherlock Holmes* these accounts.  Your call and information will remain confidential.