Trouble collecting your money?

Question: Do you have a debt recovery problem?
Question: Do you agree that your debts decline in value over time?

If you answered yes to these what system do you have in place to collect your money? What are the costs? What is the recovery rate?

We can help you get MORE money SOONER for MUCH LESS COST. The attached brochure will show you how WE can collect YOUR money, and why NOBODY ELSE will do this – either as well, or for as little. Is this a better alternative?

Call us TODAY for your FREE Accounts Receivable Analysis and pave the road to eliminating your debit recovery problem now and in the future!

Helping businesses achieve greater success!

RX Business Solutions
888-240-0056
www.RxBizSolutions.com



For more information on how to reduce your past due accounts receivable and give your cash flow a boost, visit the website at http://www.rxbizsolutions.com/ser_prs.php

Imagine collecting 41% of past due and slow pay accounts, guaranteed for as little as 5% of each outstanding account?

If this was true, businesses and doctors would be able to collect a large amount of money that they were ready to "write off." Whether a business has hundreds of accounts or only a few, our Profit Recovery Service will accelerate their cash flow and virtually eliminate the need to turn accounts over to a traditional collection agency.

A Better Way to Help Collect Past Due Accounts
Traditional collection agencies can be upsetting because they give the impression to the debtor that they have been “turned in.” Businesses and Doctors love our service because we offer them professional guaranteed results that do not upset their customers like other collection methods.

The Profit Recovery Service delivers critical capabilities:
A state-of-the-art mailing system for communicating with your debtors
Effective, properly written collection letters sent on the business' or doctor's letterhead
The impact of nonpayment leading to real consequences –Credit Bureau reporting or possible Attorney action– presented in a series of increasingly emphatic collection demands
An efficient interface for coordinating collection efforts with an Attorney
Compelling actions by the Attorney – a series of collection contacts and legal steps taken on your behalf
And finally, Payments are made directly to the business or doctor!

How it Works
At the crucial point in time when a business has lost dialog with their debtors, usually between 60 and 90 days, immediate action with the Profit Recovery Service will produce maximum collection results:

Step 1: Setup
The debtor is added to the system with his/her account balance. At this point the automatic system begins a series of courteous, but very effective debtor collection demands using the company's own letterhead. These letters now have the added impact of an attorney, the credit bureau and the agency threat motivating more people to pay.

Step 2: Attorney Involvement (if necessary)
If the account is still unpaid 2 weeks after the fourth contact, the business has the option to transmit it to a retained attorney assigned to them. The attorney will in turn mail a series of stronger, increasingly demanding contacts on their attorney letterhead, plus make a series of courteous but effective, phone calls (on balances of $100 or more). If desired, the attorney will then proceed with litigation if feasible.

Step 3a: Payment
The letters instruct the debtor to send payment directly to the business throughout the process allowing them to receive all monies paid without going through a third party.

-Or- 3b: Non-Payment
If the account remains unpaid, our system will transmit the debtor data to one or more of three National Credit Reporting Bureaus at the discretion of the business.

Step 4: Account Resolution
Upon resolution of the account, our system will mail a "thank you" letter to the debtor at the discretion of the business.

Step 5: Client Reports
Each month the business will receive a detailed “Account Inventory Report” indicating all activity to date on all accounts submitted to the system. At any time, they will have access to our web site where they may obtain a detailed status report and summary of their accounts.

Benefits of the Profit Recovery Service
Because the collection demand is intensified and applied sooner, using more powerful tools than a traditional agency can deliver, we collect more than traditional methods for much less
Recovery is also increased because every possible legal alternative is communicated to the debtor while the account is still collectable.
Security of funds will be maintained, because the business receives all payments directly.
Collection cost will be little or nothing! The cost of the system is partially or completely offset by the savings in internal expense.

Our unique Profit Recovery Service is hands free and provides proven results. Our clients have observed the following statistics:

Overall Recovery to Date: 41%
Cost for Recovery: as little as 5% – not counting internal savings

Do not settle for a traditional collection agency that recovers less and charges more to do it! Request more information and learn more about this exciting service.


For more information on how to reduce your past due accounts receivable and give your cash flow a boost, visit the website at http://www.rxbizsolutions.com/ser_prs.php

Your Network Marketing Lifestyle

In a recent article in a Real Estate Magazaine it stated most Americans have lost 1/2 of their net worth in the past 18 months. Under these circumstances you have 2 choices:

1. You can lower your standards and cut back your dreams and lifestyle

2. You can redirect your efforts and rebuild your net worth

Depending on how much 'net worth' you had, 1/2 of it may be $25,000, $50,000 or $100,000. Consider SendOutCards as a way to quickly recover what's been lost AND put together a residual income plan that will protect you in the future. Network Marketing is the perfect vehicle to do this because it doesn't take much money to start and run a business.

Check this out . . . Mervyn's, Circuit City, and Linens and Thing's have all gone out of business. Starbucks announced in January it's closing 300 stores on top of the 600 announced last year. Ann Taylor: 163 stores shuttered. Eleven Macy's, 24 Sears, all 34 Home Depot's Expo Design Centers, 115 Zales, 70 Ruby Tuesday's and all Virgin Megastores are biting the dust this year. And that's just a partial list of retail casualties!

I want to reiterate that many companies must downsize or close stores to survive. We on the other had ADD people to grow. Which side of this equation would you rather be on? Would you rather be the one building a team or eliminating a team. We live in rapidly changing times that will require extreme shifts in thinking.



Don
Send Out Cards
916-226-6940 ext. 804
Learn more or Send someone a FREE card today at www.sendoutcards.com/33553

NetFlix where will you be?

I have a little story that I would like to share with you about Netflix. 9 years ago no one had really heard of Netflix. Today Netflix sends out, on average, 1.9 MILLION movies a day & is considered a household name, mainly because of word of mouth. Netflix was started by two guys out of a garage with an idea to make movies more convenient & cheaper to rent. Its not that Blockbuster or all the other video rental companies have done anything wrong, its just that companies like Netflix have come along & found an easier & cheaper way to do it. Last year Netflix grossed over $800 million in revenue & had profits in excess of $100 million.

Now knowing what you know today about Netlix, if 9 years ago someone would have given you the opportunity to invest a few hundred dollars with Netflix & get paid every time you referred someone to the website and they rented a movie, would you have done it?

What Netflix is to the movie industry, Sendoutcards is to the greeting card industry. Sendoutcards was started by two guys out of a garage in 2004. They had an idea that people would actually go to their computers, choose a greeting card, type a message & hit send. Then SOC would actually print that card out, stuff it in an envelope, put the address on along with an actual postage stamp, and send it out for about a dollar a card. Well, one year & about $900,000 later they realized it worked! In 2006, Sendoutcards grossed about $10.5 million; in 2007 around $25 million; and last year, in 2008, almost $50 million. The best part is you can actually become part of this company & get paid when you send cards & help others do the same! Where will you be a year from now?

Don
Send Out Cards
916-479-1277
Try it for free at www.sendoutcards.com/33553

With our exclusive Pre-Authorized Checking you could give yourself a $50,000 raise.

As a business owner how many times have you heard, "The Check's in the Mail"

Even with the best intentions, some customers will have difficulty making payments to a business on time. Whether it is because customers cannot afford a large payment, they simply forget to make it, or any other number of excuses the bottom line is this: when a business does not get paid on time it can cause major problems. Poor cash flow is cited as the number one reason why new businesses fail. At this point a business owner has two choices, they can continue to spend a small fortune using traditional methods attempting to collect what their customers owe them, or they can switch over to one of the fastest growing methods for receiving payments today. It is called Pre-Authorized Checking™ (PAC) and now any business owner can start using it immediately to increase their company's bottom line.

Are these excuses familiar?

"Your invoice must have gotten lost in the mail."
"Did you send me a bill this month?"
"Can't you draft this from my checking account?"
"Sorry, I forgot to mail my payment."
"Let me look at my checkbook, and I will call you right back!"
"I thought it was due the 15th!"
"I've been out of town for a couple of weeks."
The reasons for untimely payments could go on and on. The number of customers paying in 30, 60, and 90 days past the due date is increasing. By using PAC, a business can reduce their receivables and help eliminate many of the collection problems before they even occur. PAC also improves customer retention by allowing your customers the option to be on an automated payment system. Studies have shown that consumers who utilize an auto pay system stay with that business in excess of 90% of the time. Business owners using PAC have also found that it helps them attract new customers by using it as an in-house payment or financing plan. This allows their customers to purchase products or services they might not otherwise be able to afford. The best news is that in most cases there are no monthly minimums, no monthly fees, and no on-going cost to the business owner. There is only a small processing fee for drafting each check. This fee can either be included in the customer payment or can be paid by the business at the owner's choice.

Here Is How It Works:
PAC ensures that your payments are received on time each month, every month. A customer simply completes the release form to sign up for the program. This form is then forward along with other completed forms to RX Business Solutions. Our processing center prints the pre-authorized checks for the agreed upon amounts and delivers them to the business on the scheduled date(s). Owners simply take the pre-authorized checks to their banks and deposit them like any normal check. Depending on the volume of accounts, RX Business Solutions can even deposit the checks for a business.

With PAC there is no computer access into a customer's checking account like a traditional ACH. Their check is simply re-created on the agreed-upon day each month for deposit into the business owner's bank account. Their pre-authorized check is noted on their monthly bank statement like any other check. This non-threatening approach makes signing up customers on PAC very easy. Because you will be in control of the checks being deposited, there is no chance for the bank to make a mistake on your customer's account. This flexibility allows you to even hold a check for a few days if necessary for your customer without any problems or fees.

There is no cost for software, hardware, phone lines, or any of the typical expenses required for electronic fund transfers by the bank.

Considering convenience, cost efficiency and excellent service, PAC is rapidly becoming one of the nation's leading methods of automatic payment processing. Major retail, utility, mortgage companies, and insurance companies have utilized this system for over 20 years! Now RX Business Solutions can make it available to any business regardless of its size.

Have Questions
See our Pre-Authorized Checking FAQ


How Much Additional Revenue Can a Business Earn?
See our PAC Revenue Calculator to learn how much annual profits can increase.
Make sure to contact us today to speak with a representative regarding this amazing new service!

SOC Radio Presents The Ultimate Strategy for Failing Your Way to Success!

It may sound like an unlikely success strategy, but Richard Fenton & Andrea Waltz, authors of Go For No!, will explain all on our upcoming SOC Radio show on Thursday, April 23, at 6 p.m. MST. Be prepared for an exciting and insightful show!

HOW DO I LISTEN IN?

Just go to http://www.socradio.com/ and click on "Listen Now!" at the scheduled time.

To Send a FREE card go to www.sendoutcards.com/33553

Collect More Money

During a consultation with one of my clients this week, he proudly stated, "Don, our past due accounts receivable are down from over $100,000 in October to less than $30,000 at year end! I still can’t believe what a difference those simple steps made in our collection process.” Later the same day, I spoke with a prospect who told me that more than half of hiscurrent past dues were more than 120 days. “I’ve tried everything I know to try. I’m just going to have to start beating the bushes for more business or I’m not going to make it." If both continue down the same path, which one do you think will be the most successful?

My client has been very busy over the last few months taking action so he would NOT be in this position. Unfortunately, the second owner is typical of many business owners today. Complacency when things are going well can be an absolute killer. Sales were good. Profits were good. What else could you ask for? Did you realize that many businesses who closed their doors last year had record sales? Did you realize that many of them also had record profits? The difference between profits and cash flow can be the difference between success and mediocrity, or even failure. One of the worst drags on cash flow is lack of accounts receivable management. How do I know this? I have been through it personally and I learned the hard way that failure to properly manage your accounts receivable can seriously damage your bank account. I was once forced to write off more than $40,000 in receivables to two separate clients…clients that I trusted…clients that I did special favors for and let them slide when they were late. I did it because I liked them…and I trusted them. Big mistake when you let emotions cloud your judgement in the collection area. When that happened it was painful and I don't like seeing that happen to others when I know how it can be avoided.

But from all adversity, there is a lesson to be learned. Everyone needs a system for collecting accounts. A system alerts you to specific steps at specific times and takes the guesswork out of sending letters and making calls. A system uses a letter that has been proven to work again and again, a call script that has been proven to work again and again and utilizes it increase your cash flow and significantly reduce your past due accounts receivable.

To survive in business, you must always keep your finger on the cash flow pulse. Many business owners I know are so focused on sales and profits that they forget that profits don’t pay the bills…cash does. Some of the most cash flow challenged companies in the world are those that are growing the fastest. One of the best ways to keep the cash flowing is to manage your receivables with flawless consistency.

Make sure that accounts receivable management has dedicated space on your calendar every single week.

And remember, accounts receivable management is not an event. It's an ongoing process that requires regular action. It requires a plan, constant attention, and dedication. Complacency and procrastination can kill you.

For more information on how to reduce your past due accounts receivable and give your cash flow a boost, visit the website at http://www.rxbizsolutions.com/ser_prs.php