January 11, 2008, Newsletter Issue #122: Why Do Companies Use Collection Agencies?

Tip of the Week

Collection agencies provide a service to businesses that want to serve some of the following needs.

1. A company is too small to have a collection department of their own.
2. A company lacks the expertise to collect the money themselves.
3. A company wants to protect their company image and not get their hands "dirty."
4. A company thinks a collection agency will get faster results.

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