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Walstreet Intl News AgencyThe Business News NetworkWhat is the Difference between Pre-Charge Offs and Post- Charge Offs?Posted October 17th, 2013.Creditors who have to deal with debt collection agencies (ltd financial services, for instance) are often misinformed regarding the services these companies can and do offer.If you are a business owner who is trying to recover a delinquent account, then you must know that this can be done either in a first-party scenario, or in a third-party scenario. In the first case, the debt collection agency will send their own employees to work in your own office. In the second case, agents (e.g. people working for ltd financial services) will contact debtors as a third-party from their own offices.Also, you should know that there are pre-charge off and post-charge off services. The main difference between pre-charge offs and post-charge offs is the amount of time a certain account has been delinquent. In other words, in the case of the pre-charge offs, the collection agency (ltd financial services, for example) can start contacting the debtor as early as one day after the account has become delinquent. Also, the first contact can be made to inform the debtor that his/her account has been (or will be) placed in the hands of processional recovery agencies if a payment is not made. When you decide for post-charge off services, you should expect your agency to recover a much as possible from a debtor. To ensure the success of the collection service, some agencies may even further refer the account to a collections law firm that can bring the debtor in front of the civil court.Posted in World Business News |Branding your companyPosted October 16th, 2013.There are many benefits involved in branding your company. But before we discuss what these benefits are, let’s look at what branding is and how it is implemented.According to the American Marketing Association, a brand is defined as a name, term, sign, symbol or design. It can also be a combination of these things. The main focus of a brand is to allow customers to differentiate between products from various branded companies.New retail store designBranding has become increasingly popular in the last century as advertising has become an everyday part of our lives. The main idea with branding your company is not to allow potential customers within your target market to recognise your company, but rather for persuading prospective customers that only your specified product can offer them the solution to their problems.Branding has everything to do with your company name and public reputation. If your company is branded, members of the public should recognise your products from afar as well as have a good idea of what your product is, how to use it and what quality level to expect. Your customers may recognise your corporate colours or your logo, as well as other factors such as packaging.Retail DesignNow, let’s think about the benefits involved in brandi
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