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  • Other Added - Get Statements Paid on Time

    10 Lessons From Don Corleone
    If you’ve ever seen the Godfather, I’m sure you remember the phrase, “Make them an offer they can’t refuse.”In the movie it often meant an offer backed by force. In real life the situation is often more complex. The modern day Godfathers seldom need violence. The
    do decide to pay after 60, 90, 120 days or longer. But there is a proven way to get paid faster and on a consistent basis.

    Here are some numbers you need to

    Teaching The Big Boys To Think Small
    Last week I told you about a recent report from The Conference Board that has a lot of big company CEOs concerned about competition from smaller, more innovative and entrepreneurially-minded companies. To refresh your memory, The Conference Board's CEO Challenge 2004 repo
    What if your financial coordinator (FC) never had to deal with slow-paying patients again? Cash flow would be healthy and consistent, you would have plenty of money to invest in your business, and you would lower her stress level and yours. Would you be interested in a way to make this happen? I am certain your FC would!

    For many orthodontic practices the reality is that some patients treat your unpaid statement like it's a free loan. They dismiss phone calls and letters, haggle with your FC and threaten to report you to the ADA for ‘abandonment' when she tells them treatment must be discontinued. They will do any or all of these when they do decide to pay after 60, 90, 120 days or longer. But there is a proven way to get paid faster and on a consistent basis.

    Here are some numbers you need to c

    The Opportunity of Private Labeling
    I was having breakfast at a local restaurant the other day when I noticed on the table there was a bottle of hot sauce with the restaurant’s name on it. I was impressed because I knew this was no chain – it is just a small independent restaurant who was taking advantage of
    y to invest in your business, and you would lower her stress level and yours. Would you be interested in a way to make this happen? I am certain your FC would!

    For many orthodontic practices the reality is that some patients treat your unpaid statement like it's a free loan. They dismiss phone calls and letters, haggle with your FC and threaten to report you to the ADA for ‘abandonment' when she tells them treatment must be discontinued. They will do any or all of these when they do decide to pay after 60, 90, 120 days or longer. But there is a proven way to get paid faster and on a consistent basis.

    Here are some numbers you need to

    Business On Purpose
    One of the mega trends of the 90s is home based small businesses. Millions are finding new levels of independence and freedom from being their own boss. Unfortunately, many new business owners also are finding that working for themselves isn't always as rewarding or fulfil
    p>For many orthodontic practices the reality is that some patients treat your unpaid statement like it's a free loan. They dismiss phone calls and letters, haggle with your FC and threaten to report you to the ADA for ‘abandonment' when she tells them treatment must be discontinued. They will do any or all of these when they do decide to pay after 60, 90, 120 days or longer. But there is a proven way to get paid faster and on a consistent basis.

    Here are some numbers you need to

    How to Host a Successful Fundraiser
    Hosting a successful fundraiser is no accident. It requires planning, commitment, and more than a little bit of salesmanship. If this sounds like a lot of work, make no mistake about it, it is. But it’s rewarding work, it’s meaningful work, and done the right way, it ca
    with your FC and threaten to report you to the ADA for ‘abandonment' when she tells them treatment must be discontinued. They will do any or all of these when they do decide to pay after 60, 90, 120 days or longer. But there is a proven way to get paid faster and on a consistent basis.

    Here are some numbers you need to

    Garage Sale Average Earnings Down
    Many economists rely on economic indicators to predict consumer spending and the health of the wealth of a nation. Using such data they can predict economic trends, business cycles and industry movement. It is amazing all the data available out there and all the different
    do decide to pay after 60, 90, 120 days or longer. But there is a proven way to get paid faster and on a consistent basis.

    Here are some numbers you need to consider. After 60 days the likelihood of collecting on outstanding invoices diminishes significantly. According to the Commercial Collection Agency Association you have only a 69.6% chance of collecting at 90 days and at six months it falls to 52.1%.

    Think of the benefits of a collection system that works:

    • You save company time and resources
    • You increase your receivables each month
    • Your cash flow improves
    • Your company becomes more profitable
    • You and your FC's quality of life improves

    An experienced Management Consultantcan help youimprove your cash flow situation. Implementin

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