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Keep Manufacturing with Help From RSD!
Rezul News/10542303
Ross, Stuart & Dawson can help manufacturing businesses stay afloat.
CLAWSON, Mich. - Rezul -- Did you know that the manufacturing industry is one of the largest industries in the country, but is operated by mostly small businesses?
Manufacturing is a 24/7 job. If there are any lapses in production, it can have a domino effect on your small manufacturing business.
When your customers don't pay on time, it can hurt your business very quickly. You need stable cash flow to continue operating. Time lost is money lost in your industry, so you don't have time to chase debtors. Depending on the debtor, you could be chasing hundreds of thousands of dollars. That might cause you to cut down on production or take fewer orders, decreasing your cash flow, and your business could go under.
As a last resort, you might write off debt when you shouldn't have to. If your customers are large organizations, they might try to take advantage of the fact that you are a small business. They might not view you or the promise of payment that they made to you seriously and simply move to another manufacturer to avoid payment.
More on Rezul News
At Ross, Stuart and Dawson, debt collection in the manufacturing industry is one of our areas of expertise. We serve Detroit, Grand Rapids, Traverse City, the Upper Peninsula, and many more locations for quick and kind commercial debt collection in Michigan (https://www.rsdcollects.com/learnmore/debtcollection/commercial/manufacturing-commercial-debt-collection-michigan). Contact us today to begin collecting: https://www.rsdcollects.com/contact
About Ross, Stuart & Dawson, Inc.: Located in Clawson, Michigan, RSD is a commercial debt collection agency that focuses on professionalism, kindness, and most importantly, results. RSD operates both domestically and internationally in over 120 countries. Locally they serve Detroit, Grand Rapids, Lansing, the Upper Peninsula, and more. RSD is 1 of 25 agencies considered a "certified agency" by the Commercial Law League of America and is endorsed by the International Association of Commercial Collectors. https://www.rsdcollects.com/contact
Manufacturing is a 24/7 job. If there are any lapses in production, it can have a domino effect on your small manufacturing business.
When your customers don't pay on time, it can hurt your business very quickly. You need stable cash flow to continue operating. Time lost is money lost in your industry, so you don't have time to chase debtors. Depending on the debtor, you could be chasing hundreds of thousands of dollars. That might cause you to cut down on production or take fewer orders, decreasing your cash flow, and your business could go under.
As a last resort, you might write off debt when you shouldn't have to. If your customers are large organizations, they might try to take advantage of the fact that you are a small business. They might not view you or the promise of payment that they made to you seriously and simply move to another manufacturer to avoid payment.
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At Ross, Stuart and Dawson, debt collection in the manufacturing industry is one of our areas of expertise. We serve Detroit, Grand Rapids, Traverse City, the Upper Peninsula, and many more locations for quick and kind commercial debt collection in Michigan (https://www.rsdcollects.com/learnmore/debtcollection/commercial/manufacturing-commercial-debt-collection-michigan). Contact us today to begin collecting: https://www.rsdcollects.com/contact
About Ross, Stuart & Dawson, Inc.: Located in Clawson, Michigan, RSD is a commercial debt collection agency that focuses on professionalism, kindness, and most importantly, results. RSD operates both domestically and internationally in over 120 countries. Locally they serve Detroit, Grand Rapids, Lansing, the Upper Peninsula, and more. RSD is 1 of 25 agencies considered a "certified agency" by the Commercial Law League of America and is endorsed by the International Association of Commercial Collectors. https://www.rsdcollects.com/contact
Source: Ross, Stuart & Dawson, Inc.
Filed Under: Financial
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