in the quest to become a more efficient business, I had some questions about collecting your money from accounts.
I 80% of time collect right on the spot. I am thinking of just mailing the invoices to all the accounts minus hair salons and gas stations because they would rather give cash on the spot any ways.
The other 20% I hand them in and pick up later in a week or so when I’m in the area. So far everything has worked out, but I want to become more efficient with my time.
Should I mail them with a return envelope on the inside with postage included, or do they pay for return postage? Can I drop it off and have them mail it back?
It doesn’t eat a lot of time to hand it in and pick it up when I’m in the area…it just sometimes bothers me that I have to come back.
5 minuets here, 10 minuets there and at the end of the year It could add up to like 5 days of wasted time.
I think an easy way to make more money is to become more efficient.
Any advice??? How does your business go about collecting???