Get Your Money - Accounting Today Dec. 11, 2006-Jan. 7, 2007

Get your money

When you think about it, your firm already has a collection agency - you just call it Accounts Payable, or Billing. With the comprehensive advice in veteran collection agent Michelle Dunn's How to Make Money Collecting Money: Starting a Collection Agency, you can turn AP into a profit center. Dunn covers everything from writing good collection letters, to the applicable laws, to skip tracing (skip tracing!). Your first clients can be companies you do accounting and tax work for; they undoubtedly have customers who haven't paid, and once they see you're doing collections, they'll never dare to pay you late. Which makes us wonder - isn't your human resources director a lot like a bounty hunter? - Accounting Today - Dec. 11, 2006-Jan. 7, 2007

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