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  1. #1
    Buffco is offline Junior Member
    Join Date
    Apr 2011
    Posts
    18

    Default National Average of Bad Debt/Uncollected?

    I think the general rule of thumb is 2% bad debt, across the board, all businesses.

    I'm wondering if the storage rental business has a higher average than that. Anybody have any figures or thoughts? (Not gonna tell what my percentage of bad debt is right away, only after I hear some replies)

    Thanks in advance.

  2. #2
    Nicole_Gray is offline Junior Member
    Join Date
    Mar 2011
    Posts
    2

    Default Re: National Average of Bad Debt/Uncollected?

    I have 3 sites and the bad debt ranges from 1%-8%. Site one keeps 1% most times, Site two keeps between 3-4% and Site three between 7-8%. All have the same collection procedures and all follow them. All in different economic areas of town though.

 

 

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