One of the great things about working in the "Service" industry is that it's typically very affordable to get started. The commercial debt resolution profession is no exception.
Once you have invested in my comprehensive Business Plan System, the other costs to get up and running are nominal. Assuming you already have access to a computer, you will also have some sort of word processing software to create your own letterhead and envelopes which can be printed with your business name and return address. Quality paper and matching envelopes can be obtained in small quantities from your local office supply store for a professional look. A private post office box may be rented inexpensively on a short term basis to be used for all your business correspondence.
Business Cards are one of the only items where I suggest you maximize your initial investment. They should convey a clear and professional image so high quality card stock and print is important. These and your letters may be the only face your clients and prospective clients ever see of you and your business so they need to be sharp.
As your practice grows and revenues allow, you may want to add a dedicated phone line for faxes and / or your business calls. Also, you will find some sort of brochure will be helpful in conveying your message. I use tri-fold brochures that only cost about 40 cents each. A print run of 50 is around $20 and 100 are just $40. These allow me to summarize my business, show clients the benefit and include all my contact information in a professional format. Every prospective client mailing includes a brochure.
Websites have become increasingly important for a credible and professional image. One can be created as revenues allow but you can start very cheaply by using special on-line services (see previous Blog entry on websites).
When you consider the TOTAL start up cost to enter this highly lucrative profession can be easily recouped with your VERY FIRST paying case, the "cost decision" should be easy.
Scott F. Soape
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Insider information on how to become a successful professional commercial debt negotiator and earn a Six Figure Income. My turn-key Business Plan System will teach you EVERYTHING you need to know... from locating leads to negotiating settlements to getting paid HANDSOMELY for your valuable service. Office from home and work part-time or full-time if you like. Earn professional fees from $500+ per day!
About Me
- Scott F. Soape
- Scott Soape is the owner and founder of Scott F. Soape & Associates, LLC and has been a leader in the commercial debt resolution profession since 1997. Scott's background includes employment as a bank executive early in his career, serving as President of the American Institute of Banking in Austin, employment as a Financial Consultant with a national brokerage company and owning his own financial consulting practice for many years. Over the years, Scott has assisted thousands of businesses across the country with their problem or disputed debts with a near 100% success rate. Mr. Soape is not an attorney. None of the information provided here should be construed as legal advice.
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