The increase in jobs certainly shows that the economy is improving as 160,000 jobs have been taken up in the three months to May. However this increase is down to part-time jobs and self-employment while full-time worker numbers have fallen by 22,000 to 18.2 million. This may help organisations in that part-time employees may well have lesser costs and so the organisations may save money, but the small business is not to know if the large business concerned is in this situation. The best path for the small business is to contact the large business and get to the bottom of what is happening with the account and take it from there. If the outcome is unacceptable then the small business may well feel fully justified in looking at Debt Collection proceedings. The small business should take care when looking at the Debt Collection market, since the financial climate has seen a rise in the numbers of Debt Collection Agencies and solicitors that are offering business Debt Collection. The problem is that this rise may be due to the increased number of bad debts that an economic climate brings and the motives of these newer Debt Collection Agencies and solicitors may not be ethical. This causes problems for the small business in that they may not be able to differentiate between good and bad Debt Collection Agencies and solicitors, and so may end up worse off.

A more controllable Debt Collection path and one that has a much lower initial outlay than Debt Collection Agencies and solicitors is Debt Collection Software, which will let the small business to take on the Debt Collection project with their own resources. This has advantages in that the small business is in control of the dealings with the large business and so can take care not to ruin the working relationship that may have built up. Also they will know what outlay is involved and should not get any surprising bills. A decent Debt Collection Software system can be had for around ?40, whereas Debt Collection Agencies and solicitors charge from 10% to 20% or more of the account value as their fee, so any debt over ?400 and the small business has saved money with Debt Collection Software. Also, they can use their Debt Collection Software system for any future debts with little or no extra outlay.

Naturally the small business will have to provide their own resources to both operate the Debt Collection Software and to write the all important Debt Collection letters. Their main resource will be people and for writing the Debt Collection letters, the people chosen should have a good understanding of English so that there won’t be any errors on the Debt Collection letters that are sent to the large business. Such a thing could disrupt the Debt Collection activity and also put the small business in a bad light.

So, if the small business is ready to take the risk and direct their energies to the Debt Collection Software they should be able to persuade the large business to pay the account, all for a lower outlay than that charged by Debt Collection Agencies or solicitors.

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