EFI Consulting

7 TRAITS THAT CREATE AN ABUNDANT LIFE
1. Give up your need to always be right.
2. Give up holding tightly on your need to control.
3. Give up on always finding the negative.
4. Give up on your fears.
5. Give up on the past and focus on the present and the now.
6. Give up on trying to live your life to match other's expectations.
7. Give up on your need to impress others.

EFI CONSULTING PRESENTS SOLUTIONS IN THIS TIME OF GLOBAL CRISIS

​EFI Consulting is an experienced Agent for foreign and domestic businesses in the U.S., Canada, Mexico, Spain and Latin America. In this time of restrictions on travel due to COVID-19, let us work for you on resolving past due balances with your clients. EFI works in resolving outstanding AR accounts.
Let our well-trained , knowledgeable staff work with you on your receivable balances. We are ready to assist you in realizing your goals.

7 TRAITS THAT CREATE A POSITIVE, ABUNDANT LIFE
1. Give up your need to always be right.
2. Give up holding tightly on your need to control.
3. Give up on always finding the negative.
4. Give up on your fears.
5. Give up on the past and focus on the present and the now.
6. Give up on trying to live your life to match other's expectations.
7. Give up on your need to impress others.

(Adapted from 15 Things You Should Give Up to be Happy by Luminita D. Saviuc, 30, May 2011 Popular)

HOW TO CHANGE TERMS WITH A CUSTOMER WITHOUT RUINING THE RELATIONSHIP.....

I recently reviewed an article on changing a customer’s terms from open account to cash in advance. The article outlined the need to be businesslike and polite as well as thankful to the customer for their business.
However, it failed to spell out a few critical topics that need to be addressed prior to making any change in terms.
1) How much business is the customer currently doing with you? A change in terms has the potential to irreparably damage the relationship with your customer. The increase cash flow, reduction in DSO and credit risk mitigation should be thoughtfully weighed against the potential loss of business should your customer seek out competitive terms elsewhere.
2) The Commercial (Sales) department should be contacted and the decision to change terms reviewed with them prior to making any change. On-boarding a customer requires time, talent and skill. Maintaining the relationship with your customers is critical to the continued growth of the business. The decision to shorten terms or change a slow-paying customer from open account to cash in advance should not be taken lightly.
3) All options to bring a slow-paying account current and maintain the relationship need to be reviewed and discussed prior to making a change in terms. Seasonality, slow-pay clients of your customer, financing issues, changes in ownership, loss of a key customer and many other factors could have contributed to your customer’s slow-pay. The reasons for your customer’s slow-pay should be discussed at length and a workable solution sought out prior to any change in terms. The ability to be open and willing to work with an account that is experiencing hard times may mean the difference between having a relationship for life and the customer moving on when times are not so hard.

10 Ways to Create Joy adapted from
Louise Hay’s “How to Love Yourself”

1. Stop all criticism! Never CRITICIZE Yourself.....
2. Don't scare yourself with frightful thoughts. Stop scaring yourself with panic thoughts or a possible worse case future scenarios. Think thoughts that bring happiness and joy.
3. Be gentle, kind, loving most especially be patient with yourself.
4. Be kind to your mind.... Do not have to earn love.... We have the ‘Right’ to be loved because we exist.
5. Thoughts should build you up. Make a conscious choice as to how you will respond to any given situation positively. Relax and Meditate where possible.
6. Praise yourself and feel deserving of all good things.
7. Support yourself - Reach out to friends for help...
8. Be loving to your "negatives"... Choose to let go of negative thoughts, emotions and actions.
9. Take care of your body...
10. Stop trying to change other people. You can't learn things for another person.

Thought you might enjoy!

EFI Consulting LLC
Orlando, FL 34787
909-600-4048
[email protected]
www.eficonsulting.net

In times of fear about the unknown brought on by the COVID-19 crisis, debtors may not respond to normal collection activities. A collection agency can offer creative options in resolving outstanding receivable balances. EFI Consulting will work for your Business in resolving your accounts past due balances that have been adversely affected by this crisis.

We are an experienced Collection Agency handling foreign and domestic receivables for companies located in the U.S., Canada, Mexico, Spain and Latin America. Let our well-trained , knowledgeable staff work with you on your receivable balances. We are ready to assist you in realizing your goals.

EFI Consulting | Collections EFI Consulting is an international consulting company with global business expertise featuring 20+ years of commercial credit risk management. We offer dynamic credit and collection solutions with a history of proven success in balance recovery and credit extension for any size domestic or interna

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EFI CONSULTING PRESENTS SOLUTIONS IN THIS TIME OF GLOBAL CRISIS
​
EFI Consulting is an experienced Agent for foreign and domestic businesses in the U.S., Canada, Mexico, Spain and Latin America. In this time of restrictions on travel due to COVID-19, let us work for you on resolving past due balances with your clients. EFI works in resolving outstanding AR accounts.
​
Let our well-trained , knowledgeable staff work with you on your receivable balances. We are ready to assist you in realizing your goals.