Find Hidden Money for Your Business Through Revenue Recovery


 Find Hidden Money for Your Business Through Revenue Recovery

Revenue Recovery gets companies back what they’re owed and ensures their future success. Our team is committed to providing consumers with the best customer service experience and to maintaining transparency in our operations, with the goal of making global business simple, fair, and honest.

More than 12 billion dollars in unclaimed revenue is being held by corporations due to these companies not dealing properly with unpaid or forgotten invoices. Revenue Recovery has found over $7 million so far! We're on a mission to fix that problem. We believe the world has enough problems, why add to them by hiding money?

Revenue Recovery is an ambitious and innovative new start-up that is completely free to use. We are here to help companies get their money back from unclaimed invoices or by using our alternative service. Why pay for something that can be for free?

Our vision is simple: Put unused funds in the hands of businesses where it belongs, and make Revenue Recovery something everyone can take advantage of. You don't pay anything at all if your business owes money from unpaid invoices. If you need to collect on an invoice, then only pay a small percentage of what you're owed.

Check out our website. Read up on revenue recovery, and the process we use to recover money from companies that have not paid their bills. Get in touch with us if you have any questions. Or take a look at our 'Price Comparison' page for an idea of the money you could be missing out on by signing up with a different company.

Revenue Recovery is looking to collaborate with local leaders in every area of business in order to expand and service as many industries as possible. We are interested in talking with business owners, managers and executives who would like to discuss ways of promoting revenue recovery services. Please contact us using the form on our website or via email: .

EDITOR'S NOTE: This story was originally published on March 1, 2012. It recently went viral again after the first use of a new service by Revenue Recovery. The service is called "snack_my_phone." Its purpose is to alert users when their phone has been lost or stolen. If the user finds their phone, but not the owner, they can send this information to Revenue Recovery and receive a reward for doing so.  We first wrote about this initiative here .  It's unclear if the company will successfully make it through sanctions imposed on it by PayPal after its recent purchase by eBay. More here .
By Juliette Fairley
Cape Town - A couple of months back, a friend and I decided to start a business together. We agreed that we would run it out of her spacious house as our first place of business, as we couldn't afford many rent payments on the salary we were earning at the time.
I told her about my start-up idea and how much I needed to earn from it by the end of the year in order to pay my rent. She was intrigued and helped me with some cash until I managed to secure enough funds from other people, which helped us get started in August last year.
We wanted to buy some stock, so we registered as a retail business with the municipality and then we waited for our registration number. The number took weeks to come through, so in the meantime, I went to our local business centre and registered my company as a sole trader.
The first thing that happened when I registered was that the man asked me for my bank account details. He said that he would only be able to open up an account for me if I gave him my bank account details. When I asked why he needed my bank account details, he told me that it was because of cash flow purposes and tax reasons. I had no idea what he was talking about.
I agreed to give him my bank account details but I told him that he could only deposit money if I operated a business that earned profits. He said that this was normal and he wouldn't have to deposit money into my account for as long as I was not running a business, even though he already knew the kind of business it was.
To help me get started, I sent him all my documents in order to set up my business and the council promised to help me in other ways as well. But instead of helping me, the council sent me to a business centre for advice.
This business centre acts as a liaison between "business owners" and the banks. This is where I was told that I would have to open a business account in order to start my business, or else I would not be allowed to open my bank account as a sole trader. The guy who spoke to me was very upfront and said that they were trying to poach all small businesses from the banks in order to keep the money in their pockets and channel it into government accounts.
We were told that we could only keep the money flowing if they were paid "taxes". The guy told me that the way to pay "taxes" was by buying stock and having it delivered, then collecting a few customers who would pay me in cash at home. He asked if I could do this and I said that yes, I could do this.
While he was explaining all this to me, another guy from the business centre walked in and asked the man a question about his own business account. He seemed to have forgotten about our conversation already, so he told me that there were other ways for us to "channel" our money into government accounts if we didn't want to deliver stock or collect cash at home. He started explaining something called an "honor system", which is like a cash flow organisation that the banks use to manage the money flowing into their accounts.
He told me this while we were standing in the middle of an empty room with nothing but a table and two chairs. It was not busy at all in there and we were standing right next to each other. The guy who I had put my trust in had his back turned to me, so I decided to wait until he looked my way before I dared suggest what I was thinking, that they should be honest with us and let us know how things really worked.
He continued explaining how to "honour" the money for several minutes and then he said something I really didn't understand. He said "once you have your business running and earning, then you can afford to pay us taxes". Then he turned around, asked me a question about my business and told me that the first thing I should do as a new business owner is to go to his office and make an appointment with him.
I wondered what this appointment was all about, as there were no buildings around me except for a small building next door. But no matter how many times I pointed this out, he insisted that this was his office.
We went into his office with two other people who had appointments with him that day.

Conclusion: I am still in business, but I have found that this is the way it works here: New business owners are not actually allowed to run a business until they can afford to pay taxes to the government. So if you can't afford to pay taxes, you can't afford to run a business. The only way out of this dilemma is by getting into debt or with help from other people, and then there are always strings attached. If you need help from another person for any reason, that person will tell you what he expects in return for giving you the money you need.
I was told that if I give him my bank account details, he would deposit money into my bank account from his own bank account.

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