However, in the current business ecosystem, it is difficult to obtain cash on hand, so you can consider improving collection methods to speed up payment collection.

According to my summary at work, there are mainly four techniques for collection:

1. Stand firm on the mountain. Increase the frequency of visits and insist on sticking with the boss. And avoid the boss using other people as shields or kicking the ball.

2. Dig three feet into the ground. If the above tricks don’t work, you can suggest that the debtor repay the money by using a credit card, a loan, or borrowing money from relatives and friends. Give them a stern collection letter and attach an introduction to the real estate pawn business.

3. Stalking. Improve your visit reviews and collect payments specifically when customers visit you or when they answer the phone. You can even bring cleaning tools and volunteer to clean the office or store for them.

4. Use both soft and hard tactics.