Should I Just Shut It Down?

Mike Ginsberg

It’s more difficult now than ever before to run an accounts receivable management firm. Whether your business purchases, collects, or sues debt for commercial, consumer, or government clients, all operations are confronted with challenges unlike any that the ARM industry has ever seen. Increased operating costs and client demands are making it nearly impossible for many small and mid-sized players to generate a profit. Regulatory changes and economic conditions are compounding the challenges for every business.

Should you just shut it down? Perhaps you should, but not before you consider your options first.

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