Beat Bad Debt with MYOB
The MYOB Debt Recovery Service have produced a guide for minimising bad debt. Subtitled How to tame the beast, the guide has been exclusively produced for MYOB customers.
Whether or not you intend to make use of the Debt Recovery Service, the guide does contain some valuable hints for small business on keeping bad debt under control.
1. He who expects to get paid, gets paid
2. Do something every twenty days
3. Don’t turn your back on them
4. Don’t show them any weakness
5. Don’t be afraid to escalate
6. Say what you mean & mean what you say
7. Control your collection calls
8. Rehearse to overcome objections
9. Know where to get help when the rules aren’t enough
To view or print the MYOB Beat Bad Debt guide you will need a PDF reader. If you do not already have this on your computer, a free copy of Adobe Acrobat Reader is available to download.
Alan Lewis Accountants is an MYOB Professional Partner – Accountant, MYOB LiveAccounts Advisor and an authorised reseller of MYOB software products.
This information is for guidance only and is not intended as specific advice to any reader. Professional advice should be obtained before acting on any information contained herein. The publisher accepts no responsibility for loss occasioned to any person or organisation as a result of action or the refrain of action as a consequence of the contents of this publication.