Wednesday, September 30, 2009

Stamps.com

I have recently started using Stamps.com for my business postage needs and I recommend this service to all my students (and any other small business owners).

Although I am still learning some of the bells & whistles, this service allows anyone with a computer and Internet connection to quickly and easily print envelopes or labels with postage in place. No more trips to the post office to buy stamps. With the assistance of a good scale, you can even calculate your own postage needs for packages.

The program can even be configured for customized settings that will allow you a personal look with your mailings. It can also be integrated with common address book and word processing software.

One more tool for small business owners to save time and effort.


Scott F. Soape



Thursday, September 17, 2009

You Are Providing a Valuable Service

I typically try to emphasize what a great profession this is for the potential to make a substantial amount of money through fees and other related avenues. However, it is important not to lose sight of the fact that you are providing a very valuable service for each of your clients in the process. In fact, that is exactly why companies are willing to pay so well for your service.

As a professional commercial debt negotiator, you will often save your business clients SEVERAL THOUSANDS OF DOLLARS on each and every settlement. They are more than happy to pay you a small percentage of this amount since they still come out way ahead.

Of course, my Business Plan System shows you how to operate on a "No Results / No Charge" basis so there is absolutely no risk to clients when they retain your service. What decision could be easier?

The potential for making a lot of money is real. But remember it is only because there is TRUE VALUE to the service you provide.

Scott F. Soape


Wednesday, September 2, 2009

Create Multiple Income Streams

The commercial debt resolution profession provides an excellent opportunity to create multiple income streams.

During the course of contacting prospective clients you will often encounter business owners that are either 1. considering selling or 2. interested in factoring their accounts receivable. Both situations offer the opportunity for YOU to earn substantial referral fees!

If a business owner is thinking about selling their company, you can relay this information to a business broker. Your referral fee for this simple "introduction" will typically be 10% of the business broker's fee. A small business selling for $500,000 could land you a fee of $5,000 just for putting the business owner in touch with a business broker!

Factoring is a specialized way for a company to receive immediate cash for their accounts receivable. Factoring companies will "loan" up to about 90% toward receivables for a business and then collect the money on their behalf. Their fee for this service is usually 5% and they will pay YOU 10% of their fee. If they factor $200,000 in receivables, your referral fee would be $1,000 ... and this is usually an ongoing service. You could potentially receive this referral fee month after month!

The fees you receive from your clients for negotiating settlements can provide a substantial income in this profession. And the opportunity for additional income will always be possible if you stay alert to these other situations. Keep an open mind and ALWAYS ASK for more business!

Scott F. Soape