Posts by Eli Smith
5 Things to Know Before Opening a Startup Business
It takes more than having capital backing and a brilliant idea before opening a startup business successfully. Many first-time business owners rush into the market without a plan to be squashed by the first hurdle they face. Startups can be very rewarding if you properly approach them. If you are planning on opening a startup…
Read More5 Ways to Improve Your Online Business
Being an online entrepreneur is a dream job for most. It allows for freedom, flexibility, and the ability to make a boatload of money – IF you do it right. At the moment, you are probably mulling business ideas over in your head and trying to figure out how to can create a definite niche…
Read MoreOvercoming Common Collection Agency Challenges
The collection agency faces many challenges, including ever-changing technology and tightening oversight. Indeed, even locating a debtor and determining which communication method is most successful can be an overwhelming task. It’s important to regularly review your processes and procedures and pay close attention to your collection agency challenges. Strengthening and overcoming these areas quickly put…
Read More6 Ways Collection Agencies Can Offer Customer Satisfaction
A recent study conducted by Pew Charitable Trust revealed that 8 out of 10 people in the United States live in debt. Similarly, when customers fall behind on payments, it poses significant challenges for both the consumer and the business. All businesses, regardless of the industry, require timely and regular payments from customers to stay…
Read MorePayment Trends to Watch For in 2022
Technology is rapidly evolving, and the world of payments isn’t left behind. It’s why no matter the industry – debt collections, government agencies, or educational systems – all should keep an eye on payment trends to ensure they’re ahead of the curve. As payments continue evolving, companies are finding new strategies for improving customer experience…
Read MoreHow to Safeguard Your Business from Cyber Frauds
Cyber frauds have become more dangerous than any other thieves. Stealing of sensitive data or financial accounts brings more overwhelming losses than regular robbery. But, many small businesses think that this only happens to big enterprises. However, Small Business Committee research reports that approximately 71% of cyberattacks occur in companies with fewer than 100 employees.…
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