There are many decisions that you have to make as a business owner regarding employees, products, and even how you take in revenue. Taking checks is still a no brainer when accepting payments, because many customers still use them. However, some think that by taking checks, they’ll have lots of unpaid bills and many calls to a collection agency for a small business. That’s not the case! Many successful businesses take checks, but also follow these three tips.
Educate your employees
Obviously, you train employees on how their roles in your business. This can be anything from product statements, handling equipment, and interacting with customers. If you do accept checks, make sure you train your employees on how to spot a bad check. By showing your employees how to tell the difference, you can avoid having to call a collection agency for small business ventures.
Have a policy
Don’t come up with a policy on bad checks when it happens, be proactive! Decide what you think is appropriate for your business and have it displayed for your customers. Or, if you have them sign a contract, have it as a disclaimer. By making it clear that you call a collection agency for small business and have other repercussions, people are less likely to give you a bad check!
Have a collection agency on stand by
Again, be proactive and have an agency on hand before bad checks occur. Find an agency that will work well with your business. There are plenty of companies that know how to directly work with your type of venture, such as a collection agency for small business, and will best know how to go about getting your payment. By having an agency on hand, all you have to do is call when a NSF check comes your way.
By being cautions and following these rules, you can successfully accept checks at your business. Global Check Recovery has been a collection agency for small business and other ventures for over 20 years! Give them a call if your small business runs into a NSF check issue. They’ll work with you to provide the best means to recovering checks.