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How to Open & Operate a Financially Successful Collection Agency Business

How to Open & Operate a Financially Successful Collection Agency Business
Author: Kristie Lorette
Publisher: Atlantic Publishing Company
Total Pages: 290
Release: 2014-07-21
Genre: Business & Economics
ISBN: 1601382839

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According to the U.S. Department of Labor, the median annual income for someone in the collection industry is $29,000 and, as a business owner, you could make even more. The Department also suggests that the industry is expected to grow 18 to 26 percent by 2014. Working in the collection agency business requires patience, empathy, a commitment to excellent customer service, and superb negotiation skills. If you are thinking of opening a collection agency business, then we have a book that can guide you through the process, providing all of the insider tips needed to get started in a minimal amount of time, with a minimal amount of money. Whether you will be operating out of your home or you are looking to buy or rent office space, this book can help you with a wealth of start-up information, from how to form and name your business to deciding if this will be a joint venture or if you would rather work solo. Valuable information on forming a Partnership, LLC, Corporation, or becoming a Sole Proprietor, the four types of business formation, is included, as well as the legal implications of each. With all of the federal and state laws governing the industry, opening your own collection agency can quickly become a nightmare, and for that reason, you will be provided with the most up-to-date information on the Fair Debt Collection Practices Act, as well as a listing of laws state-by-state that may supersede this federal act. Many states, and even cities, require third-party agencies to be licensed and/or bonded, so you will be provided a wealth of information on all requirements so that you can knowledgably, and legally, operate your business with peace of mind. A complete checklist of all of the start-up equipment that you will need is provided, as well as a sample budgeting sheet to allow you to gauge start-up costs. You will learn about potential risks that you take in opening a collection agency and how a collection lawyer can help settle debts when you are unable to. You will learn the difference between first and third-party agencies, the different methods in which you can expect to be paid by creditors, tips and tricks to gaining clients, and the advantages of the debt buying method. This complete manual will arm you with everything you need, including sample business forms; contracts; worksheets and checklists for planning, opening, and running day-to-day operations; lists; plans and layouts; and dozens of other valuable, timesaving tools of the trade that no business owner should be without. A special chapter on customer service is provided, with tips on communicating with debtors in a non-threatening manner. While providing detailed instruction and examples, the author leads you through every detail that will bring success. You will learn how to draw up a winning business plan (the companion CD-ROM has the actual business plan you can use in Microsoft Word


How to Open and Operate a Financially Successful Wedding Consultant and Planning Business

How to Open and Operate a Financially Successful Wedding Consultant and Planning Business
Author: John N. Peragine
Publisher: Atlantic Publishing Company
Total Pages: 290
Release: 2008
Genre: Business & Economics
ISBN: 160138114X

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Book & CD-ROM. The Association of Bridal Consultants estimates that billions are spent on weddings every year. A good wedding consultant is of invaluable assistance to potential brides with no experience of the best and easiest way of going about things. Advice can be given on all aspects of a wedding including the gown, accessories, even down to childcare. This manual will get you started on the right footing.


Starting a Collection Agency

Starting a Collection Agency
Author: Michelle A. Dunn
Publisher: Never Dunn Publishing LLC
Total Pages: 184
Release: 2006-06-30
Genre: Business & Economics
ISBN: 9780970664556

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How to Open & Operate a Financially Successful Staffing Service Business

How to Open & Operate a Financially Successful Staffing Service Business
Author: Kristie Lorette
Publisher: Atlantic Publishing Company
Total Pages: 290
Release: 2011
Genre: Business & Economics
ISBN: 1601382820

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Book & CD-ROM. The median annual salary for someone in the staffing service industry is $29,000 according to the U.S. Department of Labor and as a business owner, you could make even more. The Department also estimates that the staffing industry will grow faster and add more jobs than just about any other industry over the next decade. If you have always yearned for a career where you can really make a difference in someone s life and are thinking of opening a staffing service business, then we have a book that can assist you in taking those first steps and answer all of your questions along the way. Whether you will be operating out of your home or you are looking to buy or rent office space, this book can help you with a wealth of start-up information, from how to form and name your business to deciding if this will be a joint venture or if you would rather work solo. Valuable information on forming a Partnership, LLC, Corporation, or becoming a Sole Proprietor, the four types of business formation, is included, as well as the legal implications of each. A complete list of all of the start-up equipment that you will need is provided, as well as a sample budgeting sheet to allow you to gauge start-up costs. You will learn about potential risks that you take in opening a staffing service and how to minimise your losses. Also include is information on other types of insurance that you will need to have available to contractors that you hire, such as workers compensation, disability, and unemployment insurance. This book will assist in helping you decide whether you will offer temporary staffing services, long-term staffing services, or temp-to-perm staffing services. A list of potential sectors that your business can operate in will help you decide whether to stick to a specific niche or whether you will hire contractors to work in various fields, along with the benefits of operating in both situations and factors to consider such as local supply and demand, your own career experience, and economic feasibility. This complete manual will arm you with everything you need, including sample business forms; contracts; worksheets and check-lists for planning, opening, and running day-to-day operations; lists; plans and layouts; and dozens of other valuable, time-saving tools of the trade that no business owner should be without. A special chapter on finding qualified contractors and businesses to place your employees in will be included. While providing detailed instruction and examples, the author leads you through every detail that will bring success. You will learn how to draw up a winning business plan (the companion CD-ROM has the actual business plan you can use in Microsoft Word) and about basic cost control systems, copyright and trademark issues, branding, management, legal concerns, sales and marketing techniques, and pricing formulas.


How to Open & Operate a Financially Successful Bookkeeping Business

How to Open & Operate a Financially Successful Bookkeeping Business
Author: Lydia E. Clark
Publisher: Atlantic Publishing Company
Total Pages: 338
Release: 2011
Genre: Business & Economics
ISBN: 1601382774

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"The companion CD-ROM contains all forms from the book, plus a pre-written, editable business plan in Microsoft Word format"--Cover.


How to Open and Operate a Financially Successful Child Care Service

How to Open and Operate a Financially Successful Child Care Service
Author: Tina Musial
Publisher: Atlantic Publishing Company
Total Pages: 288
Release: 2007
Genre: Business & Economics
ISBN: 1601381158

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Book CD-ROM. There are nearly 12 million children under the age of five in child care each week in the United States. The trend is to move away from large operations and turn to the small services. This increase in small day care operations creates a huge opportunity for someone who loves children and wants to create a business dedicated to their care. A child care service makes a ideal part -time or home-based business with low start-up costs. You need an office but no costly specialist equipment. All that is needed to get started is an approved facility and a desire to succeed. This book with CD-ROM contains all the relevant forms as well business plan to adapt to your own use.


Starting a Collection Agency

Starting a Collection Agency
Author: Michelle A. Dunn
Publisher: Michelle Dunn
Total Pages: 0
Release: 2008
Genre: Collecting of accounts
ISBN: 9780970664563

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Debt Collectors are a vital part of the American Economy and here are the numbers to prove it. Debt collectors have a bad rap but debt collection is crucial to an efficient market economy. Total consumer bad debt costs every adult in the US $683 every year. For the average non-supervisory worker thats nearly 54 hours of work (before taxes) a year. Outstanding credit card debt is nearly three quarters of one trillion dollars. Total consumer debt, including home mortgages, exceeds $9 trillion. Starting a Collection Agency, How to make money collecting money by Michelle Dunn is a winner of the New York Book Festival and Writer s Digest Award. The only award-winning comprehensive book on how to start and manage a collection service. Everything from state laws to what kind of equipment you will need. Its chapters include legal requirements, licenses and regulations, where to find clients, fair debt collection practices, Fair Credit Reporting Act, skip tracing, buying debt, bad checks, and software. With this book you will: Be able to start your own business and be your own boss. Find samples of business and marketing plans. Find collection letters, flyers & promotional pieces. Have a checklist of what to do before you open your agency. Learn how to start your agency from home. Learn how to work from home with young children around. Learn how to promote your agency in a professional manner. With the economy failing the need for collection agencies is growing, help our economy and help consumers and business owners everywhere when you can help them by collecting the money that is owed to them and help people get out of debt.


How to Open & Operate a Financially Successful Cleaning Service

How to Open & Operate a Financially Successful Cleaning Service
Author: Beth Morrow
Publisher: Atlantic Publishing Company
Total Pages: 290
Release: 2008
Genre: Business & Economics
ISBN: 1601381441

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Book & CD-ROM. A lot of people believe that they can set up and operate a cleaning business that will reap big profits with a few dollars and some cleaning supplies. The reality is most of these start-ups fail in a couple of months. As with any business, it takes hard work and time to develop a profitable cleaning business. However, armed with the detailed information in this new book, you can have your recession-proof cleaning business up and running quickly. You will learn how to build your client list quickly, properly bid on jobs, organise your schedule, and maximise your time and profits. You will learn everything you need to know BEFORE starting your cleaning business. A cleaning service can be run part- or full-time and can easily be started in your own home. As such, these businesses are one of the fastest growing segments in the service economy. This new book will teach you all you need to know about starting your own cleaning business in the minimum amount of time. Here is the manual you need to cash in on this highly profitable segment of the service industry. This book is a comprehensive and detailed study of the business side of cleaning. This superb manual should be studied by anyone investigating the opportunities of opening a cleaning business and will arm you with everything you need, including sample business forms, contracts, worksheets and checklists for planning, opening, and running day-to-day operations, and dozens of other valuable, time-saving tools that no entrepreneur should be without. While providing detailed instructions and examples, the author leads you through finding a location that will bring success (if necessary), buying (and selling) a cleaning service, pricing formulas, sales planning, tracking competitors, bookkeeping, media planning, pricing, copy writing, hiring and firing employees, motivating workers, managing and training employees, accounting procedures, successful budgeting, and profit planning development, as well as thousands of great tips and useful guidelines. By reading this book, you will become knowledgeable about basic cost control systems, Web site plans and diagrams, software and equipment layout and planning, sales and marketing techniques, legal concerns, IRS reporting requirements, customer service, monthly profit and loss statements, tax preparation, public relations, general management skills, low and no cost ways to satisfy customers and build sales, and auditing. In addition, you will learn how to draw up a winning business plan (the Companion CD-ROM has the actual business plan that can be used in Microsoft Word), how to set up computer systems to save time and money, how to hire and keep a qualified professional staff, how to generate high profile public relations, and how to keep bringing clients back. The manual delivers literally hundreds of innovative ways to streamline your business. Learn new ways to make your operation run smoother and increase performance. Shut down waste, reduce costs, and increase profits. In addition owners will appreciate this valuable resource and use it as a reference in their daily activities and as a source for ready-to-use forms, Web sites, operating and cost cutting ideas, and mathematical formulas that can be easily applied. The Companion CD-ROM contains all the forms in the book, as well as a sample business plan you can adapt for your own use.