The Kaplan Group

Social media is good for a lot of things. It isn't good for this! https://moneyinc.com/can-you-use-social-media-to-collect-o/

Performance reviews often include benchmarks on how to judge the improvement (or lack thereof), for an employee, but rarely include instructions for the employee on how to improve. What if instead of focusing on the weaknesses an employee brings to the table, you concentrated on helping them develop their strengths? In this blog post experienced CEO Dean Kaplan talks about management strategy designed to increase employee productivity and reduce turnover. https://www.kaplancollectionagency.com//dont-try-to-impro/

Even if you don’t work for the Federal Government, or have any government agencies as clients, the recent shutdown might still affect your clients’ ability to pay and your business. The government shutdown is just one very public example of an unforeseen event that can have a far-reaching, temporary impact on your clients and their ability to pay. Find out how to tell the difference between temporary payment problems, and a company in serious trouble as well as how you should handle them. At The Kaplan Group we know that financial problems can happen to companies of all sizes in all industries. Treating your clients with respect, patience and understanding is always the right choice. Whether you think a client’s problems are permanent or temporary, we’re here to help. https://www.kaplancollectionagency.com//the-government-sh/

You’ve probably heard of the 5Cs when it comes to taking out a loan, but the 5Cs are just as important to know if your business is considering extending credit to a new client. In this month’s blog post we explain how the 5Cs apply to B2B contracts. The best way to avoid collection issues is to only lend money to a business that can and will pay you. Paying attention to the 5Cs can help you make those decisions wisely. However, if you do find yourself with an invoice that’s hard to collect, let us know, we’re here to help. https://www.kaplancollectionagency.com//the-5-cs-and-b2b-/

Due to his decades of experience in the corporate collections industry, Dean Kaplan was recently invited by the United States-China Exchange Council (USCEC) to meet with a delegation of Chinese business people and explain the US collections system. China does not currently have a corporate collections system, and would like to build one modeled on the US system. You can read about his presentation here. At The Kaplan Group our main goal is to be helpful. Whether you’re a company or an entire delegation, we’re happy to talk to you about your collections needs and the collections process. https://www.kaplancollectionagency.com//chinese-business-/

The Kaplan Group’s 2018 $1,000 Scholarship awarded! Check out our blog to read the winning essay and learn about the scholarship. Five years ago, The Kaplan Group created its annual $1,000 scholarship to expose hard working, motivated college students to the credit industry and its career opportunities. In 2018, with over 100 applicants, we feel we are doing just that. We plan to continue offering this annual scholarship so if you know any college or graduate students who wo...uld like to apply, we will be releasing the details soon here:. https://www.kaplancollectionagency.com/scholarship https://www.kaplancollectionagency.com//fifth-annual-1000/

One of the best ways to solve debt collection problems is to prevent them from happening in the first place. When you know the warning signs that a business is struggling, you can work with that business to get your payment sooner, or to create a payment plan. But for many businesses, the warning signs start much farther away than what’s happening in their own office. We have some suggestions for how you can stay on top of the news that affects your clients and customers, but still have time to run your own business. If your clients start having trouble paying their bills, The Kaplan Group is here to help you decide the best approach to getting your money. https://www.kaplancollectionagency.com//how-to-stay-infor/

Recently, Dean Kaplan, President of The Kaplan Group was interviewed by Yahoo Finance. Go to our blog to view the video, Confessions of a debt collector and to read the article. We hope you never have a debt collection problem, but if you need help collecting from commercial customers, we’re here to help. https://www.kaplancollectionagency.com//yahoo-finance-con/

There’s a huge difference between a client who can’t pay you what you’re owed, and a client who won’t pay you what you’re owed. Sometimes when you discover that a client simply can’t pay, it may make sense to settle for less money than you’re owed, or to delay payment. In this month’s blog post, we provide some considerations before you make the decision to settle for less. At The Kaplan Group we’re happy to talk through your problematic accounts and help you decide what steps to take next. https://www.kaplancollectionagency.com//should-you-make-a/

Social media is how we live today. We find recommendations for restaurants and babysitters, we find jobs and dates, we rant about poor customer service and annoying coworkers, but should we also use social media to try and get paid? Is social media a good tool for collecting on unpaid invoices? Using social media to try and collect on debt can have unintended consequences and can actually make your case harder to collect. Find out why. At The Kaplan Group we hope you never feel like tweeting about your lack of payment, but if you do, please contact us first. https://www.kaplancollectionagency.com//is-social-media-a/

If you feel like you have no hope of collecting on a bad debt you may be tempted to accept stock or equity in a company as a last-ditch effort of turning a bad situation good. This is rarely a good idea, and rarely works the way people want it to. Find out why, and what to do if you’re considering doing so anyway. At The Kaplan Group we offer real options for getting paid. Contact us to see if we can get you actual money before agreeing to any nontraditional methods of receiving payment. https://www.kaplancollectionagency.com//contract-terms-th/

The easiest way to solve a collection problem is to prevent it from happening in the first place. Including late fees and interest terms in your contracts is a great way to not only ensure that you are paid in a timely manner, but also that you can identify which accounts are problematic early on. No matter how well you write your contracts, you could still wind up with clients who don’t pay their bills. If that happens, we hope you’ll reach out to The Kaplan Group for help in resolving the issues. https://www.kaplancollectionagency.com//contract-terms-th/

No business is truly independent. The financial well being of your company may be much more dependent on other companies, and random factors, than you like to admit. This month’s blog post covers five unusual sources of financial stress that could have a huge impact on your clients, or you. No matter how closely you follow your clients and the various details that affect their business, it’s always possible that a former trusted client will stop paying bills. If that happens, we hope you’ll reach out to Kaplan Group for help in resolving the issues. https://www.kaplancollectionagency.com//5-surprising-sour/