It is a difficult part of any distributor’s business. You do the required job correctly. Many times, you even go the extra mile. And then you wait for payment way beyond the agreed-upon terms.
How do you collect on past-due accounts? What steps should you take to get what you are owed? The guys from the “Get A Grip On Lighting” podcast talk about their personal experiences with collecting money, including what worked for them, and what didn’t work.
Greg Ehrich, LC is the former President of the National Association of Innovative Lighting Distributors (NAILD) and owner of Premier Lighting, a progressive lighting distributorship.
Michael Colligan is an entrepreneur and inventor. He’s a subject matter expert in commercial and industrial lighting supply, lighting retrofits, and finding recycling streams for hard-to-recycle waste.
The Get A Grip On Lighting Business Blast on lightED is sponsored by SATCO.
If you want to watch more Get A Grip On Lighting podcasts, you can go to www.getagriponlighting.com.
Tagged with Get A Grip On Business, podcast