Comments on: Bad Debt, Slow Pay Continuing Threats to Yellow Pages, Local Media http://staging.blog.biakelsey.com/index.php/2008/07/21/bad-debt-and-slow-pay-a-continuing-threat-to-yellow-pages-and-local-media/ LOCAL MEDIA WATCH. The Nexus of All Things Local Mon, 01 Jun 2015 22:23:47 +0000 hourly 1 https://wordpress.org/?v=4.2.39 By: jigs http://staging.blog.biakelsey.com/index.php/2008/07/21/bad-debt-and-slow-pay-a-continuing-threat-to-yellow-pages-and-local-media/comment-page-1/#comment-408018 Tue, 02 Feb 2010 01:50:37 +0000 http://blog.kelseygroup.com/index.php/2008/07/21/bad-debt-and-slow-pay-a-continuing-threat-to-yellow-pages-and-local-media/#comment-408018 Dear readers the topic I am going to talk about would be very useful for any creditors who face difficulty in collecting their debts. Commercial debt collection in today’s world has become very tough and unsuccessful. The debtors have become very much crafty and savvy so it is making creditors job a tough one in all the industries. This has forced the creditors to implement an aggressive approach in collecting their debts. Stevens & Ricci provide debt collection attorneys with the various skills and resources of a seasoned debt collector.

]]> By: Michael Taylor http://staging.blog.biakelsey.com/index.php/2008/07/21/bad-debt-and-slow-pay-a-continuing-threat-to-yellow-pages-and-local-media/comment-page-1/#comment-228495 Tue, 22 Jul 2008 14:58:28 +0000 http://blog.kelseygroup.com/index.php/2008/07/21/bad-debt-and-slow-pay-a-continuing-threat-to-yellow-pages-and-local-media/#comment-228495 Bad economic times often make companies more willing to take on risk that they might otherwise not allow. When there is pressure from above to make revenue numbers, and this pressure is constantly applied to the sales force, rule bending and risk taking tend to increase. As Rick mentions, this also can lead to over selling which puts SMBs in over their heads if the program does not deliver as promised or they experience unforeseen financial challenges like increased fixed costs (fuel, labor, etc.).

If local media companies are not diligent in paying attention to this issue, they will certainly be at greater financial risk if they must write off increasing levels of bad debt.

]]> By: Rick Zwetsch http://staging.blog.biakelsey.com/index.php/2008/07/21/bad-debt-and-slow-pay-a-continuing-threat-to-yellow-pages-and-local-media/comment-page-1/#comment-228157 Mon, 21 Jul 2008 22:25:58 +0000 http://blog.kelseygroup.com/index.php/2008/07/21/bad-debt-and-slow-pay-a-continuing-threat-to-yellow-pages-and-local-media/#comment-228157 I’m still am scratching my head as to what bending the rules and bad debt and slow pay REALLY says about the total value proposition? Seems like it might get a little distorted and SMEs might get in over their head which then starts the vicious cycle all over again.

]]> By: tory http://staging.blog.biakelsey.com/index.php/2008/07/21/bad-debt-and-slow-pay-a-continuing-threat-to-yellow-pages-and-local-media/comment-page-1/#comment-228072 Mon, 21 Jul 2008 19:21:46 +0000 http://blog.kelseygroup.com/index.php/2008/07/21/bad-debt-and-slow-pay-a-continuing-threat-to-yellow-pages-and-local-media/#comment-228072 Great article. This could be the mini sub prime in the making for the industry. I think the publicly traded Yellow Pages companies will be under great pressure to increase revenue and be in greater risk of high bad debt.

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