Small Business Debt Collection Dilemmas

SMALL BUSINESS DEBT DILEMMAS 1IN 4 COMPANIES have trouble collecting payment from customers OF THOSE COMPANIES WHO HAVE TROUBLE COLLECTING PAYMENT... To protect their business 49% 53% uselegal contracts 30% use a paper trail 10% use non-written methods 7% use other' wrote off bad debt this year To resolve late payment issues 43% have customers who are more than 90 days late on payments. 34% call customers 30% send formal demand letter 28% write an email or letter 10% other Rocket Lawyer The easiest way to make it legal.