|
|
|
Career Planning Advice: Avoid the 10 Success Killers!
Sticking to fundamental business principles is the basis for
successful career planning. To us this means that our customers
are able to lock up job high-paying offers in as little as 14
days or less.
Old-fashioned methods that require...
Finding The Best Jobs
Best Jobs
Employers have said that they are more likely to be 12 percent
more graduates this year than last year. It is the first
projected increase since the year 2000.
In another study, a projected 60 percent of US business plan...
Importance of your job search!
Importance of your job search by Paul Debognies More Details at: http://www.career-builder-information.com Importance of your job search Copyright 2004 by Paul Debognies / Career Builder Information So that you can decide just how critical...
Passion or Necessity?
Passion or Necessity?
All work has purpose. All work has value. You are the best person to evaluate the value of your work. The value of your work depends on whether or not your personal needs are being met.
Are you passionate about your work?...
Success! An End to Job Search Misery
There is an end to the job search tunnel! It has been a long, hard road: layoff, unemployment, fear, depression, and occasionally panic or despair. Beyond the trauma of losing your job stretches the uncomfortable, stress filled nightmare of looking...
|
|
| |
|
|
|
|
|
|
Want to Own a Repo Company
So you want to own a repo company? After numerous weekly phone
calls and emails I have decided to answer this question once and
for all to the best of my ability. Keep in mind this is only my
OPINION.
There are many ways to get into the repo industry. Yet, once you
get there, how do you succeed? My first piece of advice is go
work for another company. Find one in your area, use their
truck, experience, insurance, bond, and their teaching. Learn
how to go without sleep and how to work for 14-16 hours
straight. The job is a fun one at times, while at other times
you'll want to shoot yourself for getting involved. Why, keep
reading you'll soon see.
It's not a job that you can do half way... it's one that is all
or nothing. TLC and other shows have made it look fun and
somewhat glamorous with titles like "Stealing for a Living". I
have never stolen anything in my life. I recover what others are
stealing from lien holders and financial lenders. If someone
buys a car, signs a contract agreeing to pay for it, and then
defaults, THEY ARE STEALING. Rethink your decision and if you
are serious, contact a local repo agency and see if any of they
need drivers helpers and go from there.
For those of you who want to start your own repossession company
rather than work for someone else, YOU obviously are gluten for
punishment. Here's what you have to look forward
to....................
A) First and foremost, check with your state laws. Some states
require licensing while others do not. Some states require a
state bond while others do not. Some states do not allow
"involuntary" repossessions (La. & Wisc.) while others simply
have a no breach of peace law. In Florida and California, you'll
be required to be state licensed and take a repossession
certification course.
After all of that fun leg work is done, go price a truck. You
will need at least one cab & chassis with a damage free repo
lift of some sort. You will need to decide if you want a sneeker
type that is hidden and not so noticeable (but limited in it's
abilities) or a specialty repo bed with is controlled by remote
control and attaches to the vehicles tires for a quick grab & go
without having to strap or chain. Regardless, you will have to
get out of the truck to verify the VIN # of the car you are
about to grab. Prices range from $45,000.00- $60,000.00 so you
will need credit for a loan or a savings to invest. That's the
first of your monthly payments!
C) Now that you have decided on a truck, you'll need both
wrongful repossession on your company (at least 1 million) and
commercial truck insurance for repo purposes on that wrecker .
Now for one truck you are looking at roughly $800.00 per month
premium with a down payment of roughly $3500.00 for wrongful
repo ins. & commercial liability. So there's some more money for
you to spend out, and a monthly bill that will need to be paid.
D) A dishonesty bond of at least 1 million is next. Usually the
insurance companies who write wrongful repo ins. will also sell
you your bond. The banks/finance companies require both the
insurance and the bond. A 1 million dollar bond will run you
roughly 600.00/year in addition to your insurance premium.
E) Secured Lot for storing cars is also a must for the
banks/finance companies. Some will actually visit and inspect
your lot before signing up with your company. The insurance
companies will also do an inspection so it has to be
within
their guidelines for them to insure it. You will need at least a
6ft. fence, 3 strands of barbed wire at the top, a secure gate
with a lock, must be well lit, and some form of a security
system and video cameras is also recommended but not required.
Finding one to rent is near impossible so you will either
already own land or buy land for this expense! There's another
payment!
F) Office- Each client will fax or email you your repossession
assignments. You will need to rent/buy/build a small office and
most of the companies who write repo insurance will NOT ALLOW A
HOME OFFICE. The purpose of the office is to receive faxes, send
out your updates on their accounts, keep your files secure,
debtors personal property from their cars, daily forms such as
condition reports, invoices, etc. When a client wants to reach
you or someone in your office by phone they expect an answer not
an answering machine or you on a cell on the road so you will
need someone sitting by the phones during business hours.
Clients will call with additional information on debtors
locations, place of employment, whatever they may need to advise
your company of. In addition to this they will want information
on accounts from your company on a daily basis so someone has to
take those calls. There's another expense for you!
G) I saved the best for last, but I cannot stress the importance
of it. Most cities have 50+ repossession companies. You will
have to find clients. Some will be finance companies in your
area, some will be banks 2000 miles away. Either way you have to
approach these people, basically beg for their work, then prove
to them that your company is more reliable than the guy who is
offering to do the job cheaper than you. Keep in mind that IF
you get their work you will be waiting anywhere from 15-30 days
to even get paid for the repo work you do for them. Keep in mind
that there are repo companies that will not have the overhead
that you will have that can or will charge a cheaper price. You
have to sell your self almost daily. Some of these cheaper
companies will go away in a matter of time for obvious reasons,
some have been around for 20 years and can simply operate
cheaper than you. They aren't going anywhere. YOU will have to
make the decision, do you lower your price too or do you move on
to another client who will pay what your company is worth.
Whatever you decide, remember you are responsible for paying
office rent/loan pymt., utilities, phone, lot rent/pymt., truck
pymt., insurance& bond pymt. and most important..........YOUR
SALARY TO ALSO PAY YOUR HOUSEHOLD BILLS!
Hopefully by now you will see why it is a better option to work
for someone else and let them pay the bills until you are
financially ready and well experienced. It is important to do
some major research, be financially stable, have good credit,
and be prepared to make major sacrifices OR THE REPOMAN WILL BE
LURKING IN YOUR DRIVEWAY SOON! Exciting? Think Again!!!!!!
About the author:
In addition to owning one of only a few female owned repo
companies http://www.nsrecovery.com, Renee is also a licensed
Private Investigator in South Carolina and the owner of
http://www.procra.com which is an acronym for Professional
Collateral Recovery Agents. Procra is a repossession community
housing over 700 members. Procra has an online repo agent
directory for lenders to use when searching for a repo agent in
a particular state. Pr
|
|
|
|
|
| Jobs, Careers, Education - Careers.Org |
| careers.org, jobs, careers, employment, If it's about your career OR education ... it's here!!! Today is Wednesday, December 06, 2006 Bookmark Careers.Org! ... |
| www.careers.org |
|
| Hispanic employment service for jobs, workforce diversity, free ... |
| Hispanic employment service with free resume postings. |
| www.saludos.com |
|
| Job Search PositionsVACANT - Australian jobs, careers, employment ... |
| Australian Job Search since 1999. Find your future with us! |
| www.positionsvacant.com.au |
|
| NationJob, Employment Job Search Engine & Careers |
| NationJob.com, Job search, careers, employment, and resume services for job seekers. Find A Job. Keywords:. Category: ... |
| www.nationjob.com |
|
| Business - Careers-Employment Ezine Articles |
| EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites. |
| ezinearticles.com |
|
| Thomson Delmar Learning - Browse Catalog |
| Careers / Employment · Civil Litigation · CLA Exam Review · Computers and the Law ... Thomson Delmar Learning : Paralegal : Careers / Employment ... |
| www.delmarlearning.com |
|
| SWANA - The Solid Waste Association of North America |
| SWANA Logo · Join SWANA · Forms, Applications & Brochures · Solid Waste Career Center, search. GO. educate innovate communicate ... |
| www.swana.org |
|
| JOB SERIES 2152 |
| Job Series 2152. Informational Pamphlets for Entry Level Air Traffic Control Specialist (ATCS). ATCS · Medical Standards · Suitability and Security ... |
| www.faa.gov |
|
| The Dispatch |
| Careers / Employment Ads · Garage Sale / Announcements · Home Service Ads · Legals - Gilroy · Legals - Hollister · Legals - Morgan Hill · Legals - Pinnacle ... |
| www.gilroydispatch.com |
|
| careers employment page |
| cooljobs.adobe.com/frameset.html?goto=er-joblist - Similar pages |
|
|
| National Geographic Jobs, Careers, Employment |
| Get a job with the National Geographic Society. Search our employment listings and apply online. |
| www.nationalgeographic.com |
|
| SeeMeResumes.com - Resume distribution, jobs, careers, employment |
| Resume distribution service geared for professionals to meet professionals. |
| www.seemeresumes.com |
|
| .:: Nonin Medical, Inc. - Careers/Employment ::. |
| Careers/Employment Nonin was founded and continues to grow as an employee-focused company. Our most valuable assets are our people and the teamwork derived ... |
| www.nonin.com |
|
| Computer, Tech & IT Jobs Search, Careers, Employment, Postings ... |
| Search Computer jobs, Tech jobs, IT Employment postings & hot IT careers @ Tech-Centric.net. Use the advanced technology job board to find information ... |
| www.tech-centric.net |
|
| KONICA MINOLTA EUROPE: Careers / Employment |
| Home>Company: Careers / Employment ... Konica Minolta's Business Areas; Careers / Employment; Map to Headquarters · Environmental Activities · Home ... |
| www.konicaminoltaeurope.com |
|
| Environmental careers, employment opportunities |
| Site provides information on jobs and careers in the environment. |
| www.ualberta.ca |
|
| The Beaufort Gazette: Jobs - Careers - Employment |
| Jobs - Careers - Employment · Cars - Trucks - SUVs · Real Estate · Place an ad · Shop Locally · Early Birds · Announcements · Building/Home Improvement ... |
| www.beaufortgazette.com |
|
| About Us - Careers/Employment |
| Careers/Employment. Do You Want to Make a Difference in People's Lives? Join a dynamic, growing high-tech/high-touch healthcare organization that makes a ... |
| www.lifemasters.com |
|
| National Network of Regional Disability Liaison Officers and ... |
| Money Matters · Access Technology · Teaching Support · Careers/ Employment · Legislation/ Policy · Disability Information ... |
| www.adcet.edu.au |
|
| Search Results |
| job. ... Altera Home Page. Literature · Licensing · Buy On-Line · Download. Entire Site, Part Number. Home, |, Products, |, Support, |, End Markets ... |
| www.altera.com |
|
|