2019 has been a year of change if nothing else. Stricter government regulations on the credit repair industry have kept our company busy making sure it and our Independent Agents are compliant in every way. In addition, we have been continually enhancing our product offering to our clients to include non-credit related products and services to help people save money. So, it was time, perhaps a bit earlier than I anticipated, to release a brand-new credit repair business overview video entitled, Start a Credit Repair Business for 2020 and Beyond.
Major Change in the Industry
Since 2012 when I first started my own credit repair business, I see a major change. It is far more difficult to start a credit repair business on your own now than ever before. It’s not just the government regulations. Although that is an issue. Even if, as a credit repair business owner, you learn the laws and try to abide by them, you may still get contacted by your state and be asked to make changes to your marketing or other practices.
But it’s also the competition. As in other industries, the larger players dominate advertising on and offline. They can afford to charge lower fees and beat the smaller companies that way as well. So, even if you figure out how to get your business up and running, you need to compete with much larger companies for the clients.
Work with Us and Stay Ahead of the Competition
That is why working with us is a great way to go. Collectively we are a major player. Our attorneys stay on top of all state regulations. And, we have done something no other company has done in this industry. We have other services that we give our clients at no extra charge. And, we charge less than any of the major players out there. Therefore, by working with us you stay ahead of the competition.
Start a Credit Repair Business for 2020 and Beyond, my new video, is going to share all the details. It’s 30 minutes long. So, get in a place where you won’t get distracted and take good notes. I love videos because they share 100% of the correct information 100% of the time. And they never forget to tell you something. But once you watch the video, you’ll then be able to book a phone appointment with me. We can get into any questions you may have. And, I’ll share with you my 7 plus years of experience in the industry. You can then make an informed decision if this is the right fit for you. I look forward to talking with you.
As I’m writing this, I’m in Columbus, NC. Columbus is about 650 miles north of my home in Largo, FL at the foothills of the Blue Ridge Mountains. My wife, Shirley and I have been here for a little over a week and we’re having a great time. This is such a beautiful area to explore. We’re here for 5 weeks and we plan to explore as much as we can. That is what has prompted me today to write about how to run a credit repair business from anywhere.
Our credit repair business has given us a very nice income, allowed us to save for retirement, build a steady residual income for the day when we stop working, and gives us time and travel freedom. The credit repair business is a great business!
The Right Business Model Creates Freedom
But as I’ve been writing about and doing YouTube videos about for years, you must have the right business model. You can run a credit repair business in a few different ways. But if you want true residual income and the ability to travel and still work your business, there is only one way to do it that will work.
It’s all about having a staff that does the administrative part of the business. I call it the service delivery. If you’re marketing for credit repair customers, selling to those customers, delivering the service, and providing customer support you will be tied to your business. You’ll never be able to take time off and travel.
Think about it. What sense would it make to do what we did. You drive 11 hours to get to a beautiful spot and now must take calls for new business, pull credit, analyze credit reports, draft dispute letters, and take calls from existing customers that have questions. That does not sound like a fun travel experience.
Travel and Still Run Your Credit Repair Business
Here’s how I’ve got things set up for the 5 weeks that we’re in North Carolina. I still take calls from customer prospects. But I only take those calls during the hours I’ve scheduled myself to work which is Monday to Thursday, 10 am to 5 pm. If they call at another time, I’ll text them back and ask then to go to my website and book an appointment. I have software on my website that pulls up my Google calendar and shows the times that I’m available. They pick a time and I get the information to call them at a time that I’m working.
If I sell our services to that customer, I input the information and our staff does the rest. I’m done. I don’t need to worry about pulling credit, drafting letters or answering the customers questions. If there are any serious issues with a client, our staff calls and discusses it with me. And, there are rarely serious issues with a client.
Check Out Our Credit Repair Business Model
If you’d like to explore our business model and how you can have a staff that does all the administrative side of the business for you visit Credit Repair Business Opportunity. Watch a 21 minute video which is the only video on that page. Then use my appointment booking system and book a time to talk with me that works for you.
You’ve got to think ahead and plan before you start our business. If you don’t, your business will own and run you instead of the other way around.
I hope you got value from this post. That is my goal. If you did, you can get notified of new blog posts as I publish them. Just enter your Name & Email Address. “Please know that I do not distribute my subscriber’s information”. – Dale Guiducci
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
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 nearly 7 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 a powerful and informative video. This 30 minute video will give you all the details of a great opportunity in credit repair. You’ll learn how to start a credit repair business today. And, do it for less than $300! It’s exactly what I did in 2012. Since then I produce nearly $1 million in annual revenues from my credit repair business. And, I have no employees. I have no liability. My overhead is very low. I work from home. And, I control my own schedule.
Want to know more? Click below to watch that 30 minute video. Then you can book a phone appointment to speak with me. You’ll get all your questions answered. And, we can talk about what you’re looking to accomplish a credit repair business. How is it done? What do you do every day to earn 6 figures? And why this business model will help you do that.
What You Need to Know and Questions You Need to Ask Before You Start a Credit Repair Home Based Business
A credit repair home based business is a great choice if you want to develop a second income stream or a new career. However, there is a lot to research and understand before setting up your new business. I have worked from home in credit repair since 2012. My credit repair home business has grown each year. On average it generates nearly $1 million in sales revenue annually.
People call me nearly every day to ask how I did it. I have spoken to over 2,o00 people since 2012 on this topic. This blog post will share the common challenges and issues people ask about and many of which that they don’t.
Being a Soloprenuer
What is a solopreneur? A soloprenuer is someone in business for themselves and also by themselves. They have to do everything, wear every hat. What does that mean in a credit repair home based business? It means that you have to be good at a lot of things. Maintaining a website and other technology. Delivering credit repair services to clients. Marketing for new clients. Selling to your prospects. Providing customer service to your clients, and much more. And, you have to have the time to do it all.
Website & other technology- being in business today means you must have a website. Not only that but it must be a great website with a professional look and populated with great information about credit. But it goes beyond just having a marketing website. To compete in this industry you’ll need to provide clients with online access to their progress and results of the service you are providing them.
If you’ve done any research you’ll see advertisements for software that will generate dispute letters for you. Some are probably much better than others so you have to find the right one. But beyond that how are you going to know what derogatory items a client has? Are you going to make the client provide you with credit reports? Can you get credit reports? And, most importantly are you aware of the time it takes to process a clients service from start to finish? Have you calculated you’re per hour rate? Is that rate worth the investment you made to start your business?
Where are going to find your clients? Not just your first few clients that you already know but a steady stream of clients? Are you good at marketing? Can you develop flyers, brochures, business cards? Are you a good writer? Can you advertise on social media? Do you have the time for all this?
Can you sell? Are you a good communicator on the phone and in person? Is your credit repair service going to stand up against all the competitors out there? Is your schedule flexible enough to return phone call or other inquiries soon enough?
Will you have the time and be available to take calls from customers that want to know the status of their account and the progress you’ve made. What will be your policy for dissatisfied clients whose results weren’t what they expected?
Have you read the Credit Repair Organizations Act (CROA) and understand the rules about charging up-front fees? If you can’t charge up-front fees can you wait to get paid?
What are the laws in your state? Is a surety bond required? Do you have to register with the state Attorney General? Do you need to also look into neighboring states so you can do business outside your own state?
Who will be your major competitors? What do they charge? How is your service going to be different? Why should people enroll in your service versus theirs?
Credit Repair Training
How are you going to learn what you need to know and do to deliver the best credit repair service?
Business Development Training
How are you going to learn how to run and manage your business. Unless you have successfully built and managed a business before this is often not even considered.
Regardless of how you answer these vital questions, all this leads to a major outlay of time, energy and money just to get your credit repair home based business started.
Here’s an alternative. Become an entrepreneur. Be in business for yourself but not by yourself.
We offer a great alternative, and we believe the very best alternative. Everything discussed above is put together in a “turn key” format for you. Your success however, even in working with us, is that you have to be good at marketing and sales. No one can do that for you. However, the rest is already set up and ready for you to start your credit repair home based business.
And, here’s the best part…you can get started in a credit repair home based business with us for about $300 which includes one on one coaching and training by the top people in our business.
If you want to learn more go to https://eracreditservices.com/credit-repair-business-opportunity/ and watch the video on that page. Then just Book a Phone Appointment by clicking below the video. We’ll discuss what you’re trying to accomplish and specifics on how to build a credit repair home based business with our company.