If you want to learn how to start a credit repair business you first have to ask yourself some questions.
How many hours per week or per month do I have to devote to a credit repair business?
Do I have the necessary expertise in technology, sales, marketing, and customer service?
When I start my credit repair business do I want to do all the work myself?
Do I want to do it the hard way or the easy way?
I’m not trying to dampen your spirits about learning how to start a credit repair business. I’m trying to save you a lot of time, energy and money. The reason I am qualified to do this is only because I started a credit repair business in August of 2012 and become very successful with it. If I can pass along what I’ve learned to you then taking the time to write this is well worth it to me.
I get calls from many people every week asking me about this topic. The fact is that we don’t know what we don’t know. Then we read on the internet how easy it is and how much money we can make. It’s therefore, very enticing to learn how to start a credit repair business.
What They Don’t Tell You
What they don’t tell you is that if you have to do all the marketing, selling and service delivery yourself, you’ll never have enough business to make a substantial income. The reason is that there just isn’t enough hours in a day. The solution is to have other people representing you that are independent and not employees.
I’m sure you’ve figured this out by now but here’s what you need:
- Credit repair law training and how to build a business in this industry
- Knowledge of the federal laws and laws in your state
- Knowledge of the competition both locally and nationally
- Technology to build online reporting for your client
- A website to market your business
- Knowledge of how to market a credit repair business
- And more…
Software is NOT All That You Need
Many companies that want to sell you their software may tell you that you don’t need any of this. Or, that it’s simple to learn. It’s not.
After 5 years in the industry I would suggest that you align yourself with a company that’s already done all of this and simply represent them as an Independent Agent. Get your business started now by using what someone else has already built. Be successful with it. If at some point you’re still dead set on starting your own separate company, at least then you’ll know not only what is necessary, but how to do it.
Your Options for How to Start a Credit Repair Business
There are a few companies out there that give you the opportunity to align with them and still have your own business. Credit Repair USA and Allied Credit Solutions are two of them. However, there is only one company that I’ve found that gives you everything you need to be in the credit repair business. They also give you the opportunity to bring on other people and you’ll get paid on their production. Why is that important? Because you can only do so much yourself. Just like all successful business people you want to use leverage.
This means you can be in business tomorrow and avoid the overwhelming time, cost and information you’ll have to learn about how to start a credit repair business.
Click below to find out more. Here you’ll find two powerful and informative videos to help you. Then you can book a phone appointment to speak with us to get all your questions answered.