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6 Tips to Writing Powerful Debt Collection Letters - Part 2

06/26/2009 05:24 by: Angelo Ioanides
Business and finance

In the previous article in this series I revealed the 6 critical components of an effective Reminder Letter. As mentioned, should a customer fail to settle their account following your Reminder Letter and subsequent follow-up call that's proof positive you are now dealing with a professional debtor. At this point swift firm action is required. Time is of the essence. Do not procrastinate. Send a Final Demand Letter immediately. Now the fact that more time has gone by with the debt still unpaid your Final Demand Letter has one primary focus: to secure full payment fast. While preserving customer relations may be desirable, it no longer constitutes a primary objective. Once again, there ar..[MORE]

The Oldest Business Funding Question - Debt Versus Equity

06/26/2009 04:18 by: J Corey Pierce
Business and finance

There is a constant debate over the use of the twp main types of small business loans and which is more useful. In truth they both have their place, and rather than argue over the attributes of each, businesses are wise to use a combination of both at opportune times during their growth. Small, or new business owners may not fully understand what the differences are, and some, new to the business financing realm may not even know what equity financing is. The term equity is bandied about in personal loans regarding the value of assets versus outstanding loan amounts placed on it, and equity is acquired much the same way in businesses. However, equity lending is not done on a personal leve..[MORE]

Home Office Versus Outside Office - The Pitfalls of a Home Office

06/26/2009 03:13 by: Howard Coffey
Business and finance

In our articles on home office versus outside office, there are some pitfalls to a home office. This article will look at some of the pitfalls of having an office in your home. There are those who may not be able to commit themselves to work at home.   Working from a home office versus an outside office does hold some pitfalls for you if you aren't truly self-motivated. Some of you really need to have a place to go to every morning in order to stay motivated. The idea of going to a job every day gets molded into your very being after you have worked for a few years. Therefore, working at home may not be compatible to your learned behavior.   You have become too indoctrinated to the "job" ..[MORE]

Wellness Industry Thrives Despite Recession

06/26/2009 03:13 by: David K Parks
Business and finance

At a time when most industrial sectors are reeling under recessionary pressures, the wellness industry in India has successfully managed to buck the trend. Its unorganised segment - including mostly small and regional players who comprise more than 50% of the wellness market - has continued to maintain a steady growth rate despite the challenging times. Going by the present demand for these services in the country, the prospects for smaller wellness and healthcare firms seem bright for the coming years. The growth drivers Though the wellness sector in India is still in a nascent stage, it has been growing at a phenomenal rate over the past few years. A joint report by the Federation of In..[MORE]