The commercial debt resolution profession is relatively new and typically under-represented in areas around the country. However, most large cities will probably have some competition in this business.
The good news is: there is plenty of business to go around! Lawsuits involving financial disputes between companies are filed daily all over the country and there is no way for one or even several debt resolution firms to handle them all. Additionally, these debtor companies typically have several other problems you will be able to settle. And, if you work on building a wide referral network using my many suggestions, you may never encounter another debt negotiator.
In my local area, I know of at least one other debt resolution specialist (but I am sure there are probably a couple others). He and I bump into each other occasionally at the courthouse and we are on friendly terms. We have even met for coffee to exchange ideas on the business. Fortunately, there is plenty of business for us both and I have only encountered one client in the past 11+ years that we both were working.
Don't get concerned about whether or not your area may have some competition. Given the volume of cases to work, you are bound to find plenty of prospective clients happy to pay for your assistance.
Scott F. Soape
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment