Unfortunately for many small business owners, one of the biggest challenges relates to the ability to get paid. Being diligent with collection efforts can be time-consuming, stressful, and ultimately unsatisfying. It is important to use a variety of techniques and methods in order to best handle debtors in order to recover what is owed.
This does not always mean initiating litigation, however.
Often simply promoting regular and open communications can be an effective way to settle an ongoing dispute. Similarly, structured repayment plans can prove to be more cost effective in the long run than involving the courts. That said, there are times when litigation is the only way to effectively and satisfactorily resolve a payment issue.
Hiring an experienced professional to employ all such options can relieve your of the stress and confusion of the collections process.