SAVING THE PROFITS.

New Zealand Herald, Volume LVI, Issue 17125, 2 April 1919, Page 7

SAVING THE PROFITS.

Titers is a phase of commercial and in. 'dustrial lifethe collection of accounts frequently neglected in favour of the more practical parts. In brief, few people realise that their industry has not been rewarded until payment lias been received.

Just bow—bank-bianco time—many a man has reason " furiously to think." His credit balance may have vanished or his overdraft increased, and some reason must ijskt for this state of affairs. Probably his annual balance falls at this time also, and the figures therein indicate his losses and his gains. His profit- and loss account will surely contain an item', " Bad and doubtfit] debts," tie most frequent cause of the business man's downfall.

Even 7 year money is written off, without recourse to those who, with years of experience, specialise in the collection of overdue accounts. This subject has been exhaustively investigated during the past 12 years by Messrs. Roopo Bros., accountants, collectors, and trade assignees, of Queen Street, Auckland.

The idea of the impersonsil collection of accounts is theirs, and, as the matter is placed on pound business basis, any unpleasantness is removed. Probably the most important feature of their system is the fact that distance is no drawback. Country bueinees can be handled as cheaply and efficiently as that arising in the city.

The commercial community would therefore bo well advised to heed the familiar slogan, " Give it to Boopo Bros." when the item " sundry debtors" looms too large in its balance-sheets. I