What would be the repercussions to your organisation if one of your company employees causes a fire and cannot extinguish it because the extinguisher didn’t work? Statistics show that contractors are the second biggest cause of fires – second only to arson! There have been many high profile fires recently caused this way – not good for the reputations of the organisations involved or the cost of their insurance renewals.
The practices and methods described in this article describe those used in the running of the author’s previous fire extinguisher business. They may be incomplete and there may be better ways of collecting debts – but we wrote off less than 1% per year in bad debt, so hopefully someone might pick up something useful.