As a business, one of your main focuses is likely on getting
new customers. However, there are some customers - lets call them “disposable
customers”- whom you absolutely don’t want to do business with. These are the
customers who have a bad history, a history of amassing debts with different
businesses and never paying them. As the popular saying goes, the best
predictor of future behavior is past behavior, so when you have the chance to
do business with a “bad client,” there’s really no reason to give this person a
shot.
How can you really find out about a customer’s history
though? Does your business really have the Kinum, we can perform credit checks on all potential customers
and give you the “go ahead” or the “run away” based on their past behaviors.
It’s not just individuals who engage in this fraudulent
behavior either. No, there are people out there who have a history of establishing
faux-businesses, taking any profits they’ve gained, and running away with them
or simply going out of business. To make matters worse, they often run the same
scheme under a different name. So, this warning applies to you even if you work
with businesses, not individuals.
To help you avoid these kinds of problems, make sure you’re
working with a good collections company, one that will check, among other
things, a potential client’s
l Credit
history
l Web
history
l Domain
ownership history
l Business
ownership history
Since many fraudulent people and businesses have been known
to target the same vulnerable companies twice, you might even find that you’ve
gotten burned by the same people before. The right collections company,
however, can stop the burning and keep your business protected from further
attacks.
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