My friend, James, told me that he will not be receiving his pay check this month. I was surprised because he works in his father's manufacturing plant and as the son of the boss, one work think that he has a pretty good life there.
However, James told me that like all sectors, manufacturing is also badly affected by the global economic meltdown. James said that even though his company is still strong, the same could not be said for their associates. They have decided not to chase for payment from their associates yet.
Of course, James and his father will not allow these accounts to turn into bad debt. When the time comes, if necessary, they surely will seek assistance of a collection agency to help manage these accounts receivables. This month, though, James has decided to not take any action yet but rather sacrifice his own pay check.
American Profit Recovery is a company that specializes in managing accounts receivables for creditors in any industry at all, large or small. Unlike most profit recovery companies, or debt collection companies, if you will, they charge very reasonable service fee. While other companies charge a steep percentage of the sum recovered, American Profit Recovery goes by a flat-fee only. This translates to higher profit to their clients.
However, James told me that like all sectors, manufacturing is also badly affected by the global economic meltdown. James said that even though his company is still strong, the same could not be said for their associates. They have decided not to chase for payment from their associates yet.
Of course, James and his father will not allow these accounts to turn into bad debt. When the time comes, if necessary, they surely will seek assistance of a collection agency to help manage these accounts receivables. This month, though, James has decided to not take any action yet but rather sacrifice his own pay check.
American Profit Recovery is a company that specializes in managing accounts receivables for creditors in any industry at all, large or small. Unlike most profit recovery companies, or debt collection companies, if you will, they charge very reasonable service fee. While other companies charge a steep percentage of the sum recovered, American Profit Recovery goes by a flat-fee only. This translates to higher profit to their clients.
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