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Credit Repair Business For Sale

Income growing, recession-proof business, and scalable. Complete transition assistance training. Potential of over $1,000,000 per year net profit or more.

That’s how a classified ad reads for any good credit repair business for sale.

If you’re looking for a credit repair business for sale, one way you can save money is through buying a franchise that includes everything you need to run your business. The major reason to buy a credit repair business for sale is to acquire the revenue stream, which is derived from the brand, ongoing operations executing the credit repair files, and referral sources.

That said, in most markets, there are so many other professionals dependent on having clients with good credit (real estate agents, car dealers, furniture and jewelry dealers, even college admissions counselors) that developing referral sources is quite easy. Postcards, flyer drops, “lunch and learns” along with a “mail route” of pop-by’s have all been proven to produce business.

Other aspects of a credit repair business for sale, such as the brand and ongoing operations can be quickly ramped up with less cost than purchasing an associated business in most cases. Equipment required is minimal, and staff can be completely trained in a few days with one online video training and coaching teleconferences.

What would be the price of a business that had over a million dollars per year in net profit? What if you could find a Credit Repair Business for Sale for pennies on the dollar – all you had to do was improve the marketing and hire some help?

Before you purchase an existing credit repair business for sale, we recommend comparing the cost of starting one, using a complete turn-key franchise type system.

As you evaluate your options, we recommend you look for the following components:

- Legal Support. Credit restoration is an ever changing field, and not an exact science. Credit Bureaus evolve their recipe for distilling a credit score, the market produces more people with delinquencies, and creditors change their policies. A good system will provide you with unlimited paralegal support as well as access to a nationally-recognized credit repair attorney for coaching calls, mastermind sessions, and updates on the details of operation of a credit restoration business.

- Online video training. This will allow you to replace staff quickly, scale up your team, and provide access to the latest version of training in this ever-changing field. In addition to video training, coaching calls with other credit restoration professionals can help you learn from others’ mistakes outside your service area.

- Marketing Support. As you look at any credit repair business for sale be sure to consider the marketing in place. Generally, referral relationships are one of the easiest and most consistent sources of business. One upside to referral sources is that of transparent accountability in that you’ll quickly see where the bulk of your leads are coming in from and be able to develop that further. A good system will include brochures, a website, flyers, materials for “lunch and learn” presentations to referral sources or materials for consumer presentations such as real estate offices and religious or civic groups.

When you invest in a credit repair business for sale, you can add this as a revenue stream if you work with real estate, personal services (i.e. taxes, insurance, etc.), or anyone that depends on attractive financing for clients (i.e. mortgage lenders, car dealers).

Note that like any business opportunity, we cannot guarantee your success. That said, we work to maximize your success. Your level of success depends on your work invested, talents, etc. Take the time to fully investigate and make the decision that’s right for you when you look for a credit repair business for sale.

One advantage to this business is that it’s generally recession-proof, because during a soft economy, the base of potential clients increases. Over eighty million americans have bad credit, and millions are willing to pay to get it fixed.

In looking at any business opportunity – including a credit repair business for sale, you’ll want to evaluate a few key areas:

  1. Is the sector or opportunity growing or shrinking? Credit scoring is definitely here for life, and it’s importance continues to grow. Having good credit makes a substantial difference to anyone buying a home or car, getting car insurance in most states, getting a new job, or financing just about anything.
  2. Is it scalable? If you were to buy a conventional brick-and-mortar business like a dry cleaner, often times the only way to increase the business is to open more locations. Investing in a credit repair business for sale means you can help a wide geographic area just by increasing your marketing or sales efforts.
  3. Are you selling on price? This is an area where the right credit repair business for sale really shines: the right system will make you the expert (or your team). You could build this business yourself, but you could end up spending over a million dollars on software, thousands of hours on research, and many thousands of dollars on marketing ideas that didn’t work. Just as there’s a difference between a Porsche and a Buick, your credit repair business will be able to clearly demonstrate your value and therefore command a better price in the market.

Starting a franchise of a credit restoration business, instead of purchasing a credit repair business for sale can save you money and provide a higher rate of return.

7 Steps to Building Your Business Big

As business owners we all want to see our businesses succeed and make it big. In reality, we are the only ones who can make this happen, therefore in order to make your business grow and see real results you will want to take the proper steps to building your business big.

In order to give you an idea of successful steps to business growth, the following are seven steps to building a big business. These include:

Investing in the proper tools. There is honestly no way to do business and do it well without the proper tools, therefore investing in those tools from day one can help you on your road to business success. So, whether it is software, a computer system, or the proper training you will want to be sure that you have what it takes to be successful.

Obtaining proper training. As mentioned in the previous section, it is important, in order to be successful that you have the proper training. If there is something that is important to your business that you do not already know how to do it is worth it to you to invest in the proper training to learn how to do it so that you can make it a part of your business.

Following the pros. Whatever your line of business is there are bound to be some people who have done this type of business before. Do not try to reinvent the wheel. Most ideas are not brand new ideas, rather they are most likely variations of an idea that someone has had before. So, find those people and businesses like yours that have been successful and then in turn learn from them.

Creating multiple streams of income. This is a part of business that comes with time, but can truly help you to be successful in business and to build it big. Think of ways that you can turn one area of your business into two or three areas, which will create profits for you. Maybe you provide the service of article writing, why not create an information product such as an eBook on how to write articles and sell them, then prepare a teleseminar that you can sell for those out there who prefer to listen rather than to read. These are ways to incorporate multiple income streams into your business and help it grow. After all you will be selling these information products again and again.

Having confidence in yourself. Sometimes all it takes to be successful is to believe that you can be. Showing confidence in yourself in your business can help it to go a long way. People are going to be more attracted to you and your business when you show them that you are confident about your abilities and you put your best foot forward, this will attract the customers and clients that you need to make your business a success.

Being laser focused. In business it is important to focus. Focusing on the areas of your business that you are most productive in and properly suited for is key. You will want to spend your time on the areas of your business that you do well and this will in turn lead to your success. As for the other areas, well that’s where the next step comes in.

Outsourcing is the way to go. Outsourcing the other areas of your business that you are not as confident in or do not have the abilities to do as well can be a positive for your business, allowing the work to get done while you are able to focus on the areas which you are best at performing.

All of these things will help you to build a big business which you can be proud of and happy that you took the time to spend both your time, energy and money growing.