Yearly Archives: 2018

Professional Collection Services is a money collection agency, with offices across the country – we’ve come a long way from our humble beginnings in a St. Lucia office. Now, we have offices in Sydney, Brisbane, Melbourne, and Perth. More importantly, we’ve amassed a wealth of experience throughout our two-plus decades

You are a professional who is able to prepare accounts collections letters and mail them. Unfortunately, that’s just one of many steps in the debt collection process. You need to track down the person or company who owes you the papers and make sure the letter is actually delivered. You’d

Christmas is supposed to be the jolliest season of the year, where families come together, friends celebrate and everyone is merry. Unfortunately, it’s not always that easy, as many small business owners may very well know. Christmas is the period where productivity goes down, overheads go up and available cash

Keeping up with the latest developments in marketing for your small business means staying up-to-date on the world of social media. Aside from the challenge of simply staying informed about new platforms and changes to existing platforms, figuring out how to maneuver within the sometimes overwhelming sea of actual socializing

Small business debt in Australia Current surveys show that small businesses are owed over $10 billion; of this amount, bad debts account for over 60% of this outstanding amount. Surveys conducted by the Commonwealth bank of businesses with turnovers up to $2 million shows the average debt owed to each

We take a closer look at the professional debt collection process. Getting paid for your products and services are the cornerstone of any business plan. There are few things are more frustrating than having your cashflow disrupted by clients not paying their invoices. As you probably know, cash flow is

For small businesses, cash flow is very important. So it’s important to stay on top of chasing outstanding payments from customers (or recovering debt). Having unrecovered hanging over business can crash it. However, collecting debt is a very delicate process. They are many legal minefields to work through to protect

A well-prepared cashflow forecast is an early warning system that lets you spot signs of cash trouble months or even years in advance system. More importantly, it provides the time and space for businesses to take action to avoid a cash crunch. The bad news is that cashflow forecasting, like

We know how painful debt can be. And we also know how hard it is to recover. We are professional debt collectors for a reason. We understand debt and how it hurts. So, we’d like to pass on some wisdom for preventing bad debt from building up and taking over

Most business owners know the sinking feeling they get when a debtor either refuses to pay or goes insolvent and cannot pay. There are few options left for a business owner whose debtors go insolvent. While this is a frustrating situation, it can also be a dangerous situation for the