October 4, 2023 Blog

Depreciation – Time is Money!

Time is money – literally and figuratively, and collections are no exception! The longer you, the client, retain your accounts, the less they’ll be worth. As per the chart below, just 2 months after service date, you’re already starting to lose money. Stay tuned for our next blog, illustrating best practices for listing accounts for different industries we service. What are your thoughts on the best practices for aging accounts? What practices do you already use? We’d love to hear them!

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If you would like to discuss this article or any other collection needs you may have, please contact Jeff at 866-431-7220, or jeff@fsgbcollections.com

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