Overdue Advice: Cash Flow & Debt Collection Strategies to Grow Your Business

Most people have never experienced a call from a debt collector, but opinions about the debt collection process are many and varied. What do you really know about debt collection and how it works? Debt collection is heavily regulated in Canada, but that doesn't mean anyone understands it. any better than patent law. Debt collection is a formal process with guidelines on everything from privacy to...

The popular image of debt collection is a bunch of snarling, angry, vindictive trolls who find joy in making life miserable. They follow you around with a money magnet, siphoning your hard-earned cash that you want to use for other things. But debtors have already used their money for other things, and can't afford the new things. Small and medium businesses worry about how collections will affect...

Ask three economists their opinion on an issue, and you might get four answers back. Is the economy up? Is it flat? Is it down? You have to act when you're facing an economic downturn. Episode 3 of Overdue Advice reveals the 5 things you can do to make a down economy more tolerable for your business.

Running a business is demanding. We look for processes and habits that foster stability and routine. Habits are comfortable, but they're not always efficient or good business. With trade tariffs and barrier, political instability, and even climate can further complicate matters. As margins shrink, you need to find ways to do business better; smarter. You need to deal with cash flow issues before t...

Episode 1 - Overdue Advice is the podcast about dealing with outstanding debt. In the first episode, host Andreas Schwabe talks with Brian Summerfelt, President and CEO of MetCredit, Canada's leader in ethical debt collection. Episode 1 covers a lot of ground, starting with what debt collection actually is, how it works, and how Brian wants MetCredit to transform how debt is collected.