‘Tis the Season to Collect: Strategies for Effective Debt Collection
During the holiday season, businesses across Virginia and Maryland have a busy sales period with increased revenue. However, amidst the hustle and bustle of the holidays, it’s essential to remember the importance of debt collection. Outstanding payments can strain your business’s cash flow, making it challenging to meet your financial obligations in the New Year. […]
Gilliam & Mikula to Attend the VACA Executive Program in December!
Gilliam & Mikula is excited to announce that we will be attending the Virginia Association of Commonwealth’s Attorneys (VACA) Executive Program this December! The conference will be held at The Boar’s Head Inn in Charlottesville, Virginia, from December 4th to 6th. The VACA Executive Program The VACA Executive Program is a premier event for prosecutors […]
Different Types of Debt Collection Agencies
There are a few different types of debt collection agencies out there. Some agencies might not fit neatly in a certain category, but for the most part, a debt collection agency will be one of the four types listed below. Let’s take a look at each one and what makes each one of them different! […]
Why DIY Debt Collection Fails for Lawn Care Businesses: Go Pro!
Running a successful lawn care business is more than just providing top-notch service; it’s also about securing payment from your clients on time and in the correct amount. Unfortunately, chasing unpaid invoices can be a significant headache for lawn care professionals. Here’s why and how a professional debt collection agency like Gilliam & Mikula can […]
What a Debt Collection Agency Can Do For You
If you’re in a business or market that demonstrates a heightened risk for payment delinquency, such as healthcare, you’ll need to know what a debt collection agency can do for you. In this blog, we’ll cover some of the best reasons to hire a debt collection agency, as well as what sets Gilliam & Mikula […]
Late Payments Chilling Your HVAC Company’s Profits?
Is your HVAC company feeling the chill of late or lost payments from your membership plan customers? It’s not just an inconvenience; it’s a direct hit to your bottom line. Let’s look at how inconsistent payments from your service plan members can be a massive problem for your business! The Domino Effect of Late Payments […]
Join Gilliam & Mikula at the 2024 HCLA Spring Conference
Calling all Virginia healthcare leaders! The HCLA Spring Conference is just around the corner (March 17th-19th, 2024), and you won’t want to miss it. Why attend? It’s your chance to: Connect with colleagues: Network with other medical management professionals and make valuable connections with vendors who can support your business goals. Stay informed: Gain insights on the latest […]
Payment Terms and Debt Collection
When we onboard a new client, one of our first tasks is to review their contractual language… specifically, their payment terms. After all, if your contract’s payment terms are rock solid and agreed upon affirmatively by both parties, our ability to collect the debt can be improved. So, how do you know if your contract […]
Debt Collection Services Will Improve Your P&L Statement
As the champagne fizz fades and the resolutions settle in, most businesses have their sights set on one key target: growth. But achieving that growth requires addressing the elephant in the room – outstanding receivables. Those lingering unpaid invoices can cast a long shadow on your P&L statement, hindering your ability to invest in the […]
Happy Holidays! 2023 in Review
As Christmas and the New Year approaches, our team at Gilliam & Mikula is wrapping up a great year. We want to express our warmest wishes for a happy holiday season to our valued clients and partners! 2023 has been a fantastic year for Gilliam & Mikula. We witnessed sustained success and significant expansion, solidifying […]
