Wilson Cole's Podcast From The Road
Monday Morning Memo: The Top Excuses So Far From The 2020 Slowdown
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:14:40
- More information
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Synopsis
Recessions can be a large part of running a business because of how it affects your own business and your clients. We've seen a rise in the number of times our client's debtors have made excuses as to why they can't pay their debts. The Top Debtor Excuses So Far in The 2020 Slowdown Going into a recession, you can expect a few things to happen. But the main concern for the staffing and recruiting industry is how recessions can cause their debtors to become more aggressive and have all kinds of ridiculous excuses. We've listed down just some of the worst offenders when it comes to excuses that have come straight out of the left field. "Our Plant in Wuhan and Along With Our Office in New York City are Shuttered" This is one of the cases where you may think it would be near impossible to collect on. However, we were able to collect from this company, and our client has received 75% of what they are owed. It is certainly possible to get things done even in this business climate we're in right now. "We're Not Payi