SimplicityCollectionSoftware

OCTOBER 23, 2013

The answer to this question depends on how you plan to attract and keep business. Generally, most collectors work on a commission basis. In order to optimize the number of collectors you will need, you need to analyze the number and type of accounts you will be working with. Ask yourself these questions: How many accounts do I currently have? You want to have enough account to keep your collectors busy.

Collections 40

Collections 40

SimplicityCollectionSoftware

OCTOBER 23, 2013

The answer to this question depends on where you chose to start your business, how many employees you choose to employ, and whether your business will require office space. The typical expenses involved in starting up a new debt collection business are as follows: Local and state business fees. Insurance and taxes. Employee wages. Purchasing debt (assuming that you are not collecting for a 3rd party).

Credit Bureau 40

Credit Bureau Collections 40

SimplicityCollectionSoftware

OCTOBER 23, 2013

Just as soon as you can get your business licenses in place, you can start collecting debt. This is the first and biggest hurdle that you must overcome before you can move forward. Setting up your collection business can be as easy or as hard as you make it. If you are worried about business expenses, consider starting your business as a telecommuting or home based business until you can get the capital and licensing to branch out and expand.

Collections 40

Collections Lender Banks 40

SimplicityCollectionSoftware

OCTOBER 23, 2013

The answer to this question depends on where you chose to start your business, how many employees you choose to employ, and whether your business will require office space. The typical expenses involved in starting up a new debt collection business are as follows: Local and state business fees. Insurance and taxes. Employee wages. Purchasing debt (assuming that you are not collecting for a 3rd party).

Credit Bureau 40

Credit Bureau Collections 40

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

SimplicityCollectionSoftware

OCTOBER 23, 2013

Just as soon as you can get your business licenses in place, you can start collecting debt. This is the first and biggest hurdle that you must overcome before you can move forward. Setting up your collection business can be as easy or as hard as you make it. If you are worried about business expenses, consider starting your business as a telecommuting or home based business until you can get the capital and licensing to branch out and expand.

Collections 40

Collections Lender Banks 40