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this is Jeff Sobel I am the managing member of the solo group headquartered in Phoenix Arizona with over four decades of expertise in the account receivable management industry my associates and I had developed and refined a program that can help position you to recover and retain 100% of the past to principle balance on those accounts that do not pay you timely before we discuss the real cost of a bad debt write-off lets take a couple of minutes and talk about what a business can do to help prevent that write-off an effective collection policy begins with being aware of what is happening in the industry with a customer and the economy it is important to keep in mind that although you may be in the business or supplying goods and/or services you are also in the banking business every time you sell labor and/or materials to a customer on credit you are lending them money the same due diligence used in credit investigation should be used in the collection process remember that the credi
