Even an experienced mountain climber will spend years preparing to summit a peak. She will ensure that she has the stamina, the skills, and the right tools to make it to the top before her first steps in ascent. As you launch a credit repair business, you must understand what attitudes, skills, and tools will create a successful credit repair venture.
Here are the things to focus on when starting a credit repair business:
Use Credit Repair Software
You don’t need to do it all by yourself. Credit repair software automates the work and organizes your tasks and contacts so you can focus in sales and personal conversations with prospects. Check out our software walkthrough for more information and a free trial.
Meet with a Credit Repair Business Success Specialist
Work smarter by strategizing with a credit repair expert. They can teach you how to start a credit repair business from home the right way so you won’t have to learn from mistakes. A one-on-one software success session can save you time and money so you can maximize the time you spend building a credit repair business.
Read The Ultimate Guide To Starting a Credit Repair Business
Master the fundamentals before you even open your doors. This book by Credit Repair Cloud founder, Daniel Rosen, gives you the credit repair business insights that experts have spent decades perfecting. You can download a free electronic version or buy the physical book on Amazon.
Obtain Credit Repair Training and Certificates
In just a month of quick daily lessons and videos, you can learn to repair credit for yourself and others and start your own profitable business from home. We will guide you through the essentials of how to start a credit repair business from home to give you the expertise and credibility to build your business.
Build a Business Website with a Signup Form
One of the most important parts of starting a credit repair business from home is having a professional website. Build a website easily with mycreditrepairsite.com and capture your prospects’ information with custom web lead forms. It will only take you a few minutes to easily set your website and Credit Repair Cloud users get the option of two months of free web hosting.
Set Your Corporate Image
Along with the website, you need to set a professional image that includes an email address with your own domain, your personalized business cards, and brochures for clients that focus on the benefits you can give them.
- Inexpensive and professional business card options include vistaprint.com, moo.com or FedEx Kinko’s
- We provide basic brochure templates to get you started in the Bonus Materials section of Credit Repair Cloud
Set Up a Professional Voicemail
Being available for your clients is critical when you’re starting out, so you should try to answer your phone whenever possible. For the times you are in meetings or cannot answer the phone, you need a professional voicemail where clients and prospective clients can leave their contact information.
How to set up your business voicemail:
- Have a professional, polite tone
- Include your name and the name of your business
- Make sure the voicemail is not full
- ONLY use voicemail when you cannot answer
Define Your Fees
You need to know your starting business costs and how much you’ll be investing in each client to get started. Most credit repair businesses charge between $59 to $99 per month, depending of the clients. You can learn about how much to charge credit repair clients in this article.
Write a Client Agreement
When everything between you and a client is in writing, it sets clear expectations and avoids misunderstandings. Write a standard client agreement that you can modify if necessary. You can watch this tutorial video to learn how.
Get a payment solution for Credit Repair Business
You can get credit card payments from your clients by setting up a merchant account and gateway account and then integrating ChargeBee with your Credit Repair Cloud software. This easy integration allows you to process recurring monthly payments for free.
Check for any Special Requirements
Always check with your attorney and state laws for any special legal requirements. Common requirements include:
- Business license: This usually costs less than $100 and can be obtained through your local city hall
- Surety Bonds: You can use Bonds Express or a similar company and they charge you a just a fraction of the total bond amount
Follow these simple steps to prepare yourself for the journey of starting your own credit repair business from home. We will be here to walk alongside you each step of the way.
Click here to start your credit repair business training today!