Starting A Six Figure Credit Repair Business

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First of all, I would like to say thank you for taking the leap

to start and run your own Six Figure Credit Repair


Business. This is one of the few businesses in the world
where you can change lives and make a great living at the
same time.

Currently, there are over 100,000 million consumers with


bad credit, and they desperately need your help. In this
short guide, I will lay out the steps you need to take to
become successful in the credit repair business. Before I
do that, let me tell you a little about myself.

I consider myself a success story, not because I have


made a lot of money in the credit repair business, but
because my passion to leave my 9-5 job was so strong
that I took action and I made it big time. Back in the day, I had a job in law enforcement with no
freedom. I lived from paycheck to paycheck. My bank account was always zero. I had no savings. I
got tired of working during the weekend and not spending holidays with my family.

My credit was not that good either. I got tired with it all so I decided to do something about it. I
wrote a book called “Hidden Credit Repair Secrets.” It was the number one book on Amazon for
SIX years in a row. It’s number six as of today. From there, people started asking me to fix their
credit, so I started a credit repair business, which I ran for over six years. This led to me coaching
new entrepreneurs who wanted to start their own credit repair business.

From there, I created Startup Credit Repair Business Training Center, Client Dispute Manager
Credit Repair Business Software, and Roadmap to Six Figures Credit Repair Marketing Event. So
you could say that I went from broke to wealthy in a short time, and now I want to help you do
just that for yourself with my step-by-step guide.

The blueprint below is laid out in steps that I followed when I started my credit repair business.
Just follow the steps and you too could be a success. Good luck on your journey to freedom and a
wealthy life.
Table of Contents
RUNNING A SIX FIGURE CREDIT REPAIR BUSINESS ................................................................... 5

Step 1: Startup Fees................................................................................................................. 5


Step 2: Credit Repair Training ............................................................................................... 5
Step 3: Forming Your Business .............................................................................................. 6
Step 4: Office Space and Numbers........................................................................................ 6
Step 5: Legal and Business Startup ........................................................................................7
Step 6: Acts and Laws ...............................................................................................................7
Step 7: Compliance .................................................................................................................. 8
Step 8: Credit Repair Organization Act ................................................................................. 8
Step 9: Credit Repair Organization Act: Continues… .......................................................... 9
Step 10: Following your State Law ........................................................................................ 9
Step 11: Business in Other States ........................................................................................10
Step 12: Contracts...................................................................................................................10
Client Dispute Manager Credit Repair Business Software ............................................... 11
Step 13: Contracts Part 2 ....................................................................................................... 12
Step 14: Contracts Part 3 ....................................................................................................... 12
Step 15: Contracts Part 4 ....................................................................................................... 13
Step 16: Contracts Part 5 ....................................................................................................... 13
Step 17: Website ..................................................................................................................... 14
Step 18: Website Key Points .................................................................................................. 14
Step 19: Merchant Account ................................................................................................... 15
Step 20: Research your Competition ................................................................................... 15
Step 21: Pricing ........................................................................................................................ 16
Step 22: Electronic Signature ................................................................................................ 16
Step 23: Software .................................................................................................................... 17
Step 24: Credit Reports .......................................................................................................... 17
Step 25: Qualifying the Customers ......................................................................................18
Step 26: Qualifying the Customers 2 ...................................................................................18
Client Dispute Manager Credit Repair Business Software ............................................... 19
Step 27: Qualifying the Customers 3 .................................................................................. 20
Step 28: Qualifying the Customers 4 .................................................................................. 20
Step 29: Qualification Funnel ................................................................................................ 21
Step 30: Need from your Client ............................................................................................ 21
Step 31: Marketing Sales ...................................................................................................... 22
Step 32: Marketing................................................................................................................. 22
Step 33: Free Marketing Online ........................................................................................... 23
Step 34: Online Free Marketing 2 ........................................................................................ 23
Step 35: Offline Marketing Materials .................................................................................. 23
Step 36: Email Marketing ...................................................................................................... 24
Step 37: Emails You Should Send ........................................................................................ 24
Step 38: Business Cards ........................................................................................................ 24
Step 39: Back of the Business Card ..................................................................................... 25
Step 40: Seminars .................................................................................................................. 25
Step 41: Seminars Part 2 ....................................................................................................... 25
Step 42: PowerPoint Presentation ...................................................................................... 26
Step 43: Advertising ............................................................................................................... 26
Step 44: Advertising 2............................................................................................................ 26
Client Dispute Manager Credit Repair Business Software .............................................. 27
Step 45: Advertising 3............................................................................................................ 28
Step 46: Advertising 4............................................................................................................ 28
Step 47: Sales and Marketing Learning .............................................................................. 28
Step 48: Sales .......................................................................................................................... 29
Step 49: Sales Part 2 .............................................................................................................. 29
Step 50: Sales Part 3 .............................................................................................................. 30
Step 51: Sales Script Elements ............................................................................................. 30
Step 52: Affiliate ...................................................................................................................... 31
Step 53: Affiliate Partners...................................................................................................... 31
Step 54: Referral Source ....................................................................................................... 32
Step 55: Referral Source Part 2 ............................................................................................ 32
Step 56: Referral Source Part 3 ............................................................................................ 32
Step 57: Referral Source Part 4 ............................................................................................ 33
Step 58: Customer Service.................................................................................................... 33
Step 59: Customer Survey .................................................................................................... 33
Step 60: Dealing with Difficult Clients ................................................................................ 34
Step 61: Client Contact .......................................................................................................... 34
Step 62: Being Organized...................................................................................................... 34
Step 63: Prepare Your Mind ................................................................................................. 35
Step 64: Time Management ................................................................................................. 35
Step 65: Books and Taxes ..................................................................................................... 35
Client Dispute Manager Credit Repair Business Software .............................................. 36
Step 66: Company Policies.................................................................................................... 37
Step 67: Branding................................................................................................................... 37
Step 68: Building Credibility ................................................................................................. 38
Step 69: Testimonials ............................................................................................................ 38
Step 70: Growing Your Business .......................................................................................... 38
Closing: .................................................................................................................................... 39
RUNNING A SIX FIGURE CREDIT REPAIR BUSINESS

You might be wondering: what is the best way for you to learn how to run your Credit Repair
business? The fact is that spending time in and on your business is the real key to success. Once
you are well equipped with the training, it will be easy to source for clients or customers and be
ready to start your business. Follow my proven step by step blueprint below and you should see
success.

Step 1: Startup Fees


Starting a business takes capital, but what if you don’t
have any? Are you looking for something with reasonable
startup costs? Starting a credit repair business does not
require a lot of money up front. All you need to get
started is a surety bond, license fees, website domain
name, and hosting. The rest you probably already have: a
computer, printer, stamps, labels, envelope, as well as
offline and online marketing.

A lot of people are getting more interested in the Credit


Repair business because it’s something you can handle,
and you can start earning money right away.

Step 2: Credit Repair Training


Invest time in understanding the service you are
providing, review and train yourself in the dispute
process, instructions, campaigns, and flowchart. You
can’t start your business without understanding the
heart of your business. Go through various training to get
this in order before you take on your first client. The
Credit Repair Mastery Class would be a great place to
start your credit repair training.

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Step 3: Forming Your Business
What are the requirements in forming your business?

First, check for the availability of your business name


and domain. Purchase the domain right away to ensure
you can get it. Second, business formation and business
license are based on your State law, so be sure to
research this accordingly. Third, consult a CPA if a Tax
ID is necessary, work with them to get this if it is. And
lastly, be sure to have a Business bank account.

Are these necessary before you start? No, but you’ll


eventually need them, so you might as well start off
right.

Step 4: Office Space and Numbers


You will need to decide whether you want an office-
based business, where your clients can walk in, or if you
want to work directly from your home. Be sure to check
out platforms that will help you establish your contact
information. It is important that your clients, or
intending clients, can get in contact with you anytime
they want. I am sure you wouldn’t want to miss any
prospects, leads, and clients. Having your contact
information ready will ensure you will not miss out on
any future business.

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Step 5: Legal and Business Startup
Once you start getting more clients, it is important to
get a legal protection against a lawsuit. It is also a good
practice to get E&O insurance and general liability
insurance. Check with a local insurance provider with
the best options for your personal situation and
location.

Forming an LLC or corporation also helps by giving you


additional protection. Make sure to always seek
professional help and advice from professionals
regarding legal actions. These extra steps will protect
you in the future and give you peace of mind,
something you can’t put a price tag on.

Step 6: Acts and Laws


You must have a great understanding of these acts as
they will guide you on running your business. Read
through the Fair Credit Reporting Act, Fair Debt
Collection Practices Act, Fair Credit Billing Act, and the
Credit Repair Organization Act. Reading these acts will
help you be in line and compliant. Read them, learn
their policies, and follow them in your business.

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Step 7: Compliance
Compliance means following all the rules and
regulation given by the State law and Federal law. You
also need to understand the CROA (Credit Repair
Organization Act), this will help you to understand what
you can and can’t do. Following the law allows you to
know what requirements you need, when to charge,
and the right way of advertising without accidentally
over-promising and by being truthful at all times.

Step 8: Credit Repair Organization Act


Some laws are placed to regulate all credit repair
companies. Here are some of the prohibited acts that
you cannot do when dealing with new clients:

a. You cannot advise them to lie,


b. You cannot use a fake identity,
c. You should not misrepresent your services,
d. It's improper asking for money before
performing your service,
e. You should not ask them to sign a form waiving
their rights under CROA.

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Step 9: Credit Repair Organization Act: Continues…
According to the “Credit Repair Organization Act,” files
should be kept for at least two years. Make sure to keep
client files in a safe and secure place, where no one can
easily get access to them. If you have your files on the
internet, make sure they are protected with a strong
password.

Follow your state telephone solicitation law for


protection.

Step 10: Following your State Law


Compliance means following all the rules and
regulation given by the State law and Federal law. You
also need to understand the CROA (Credit Repair
Organization Act), this will help you to understand what
you can and can’t do. Following the law allows you to
know what requirements you need, when to charge,
and the right way of advertising without accidentally
over-promising and by being truthful at all times.

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Step 11: Business in Other States
How about acquiring customers from other states?
Most states require a security bond. I’m not sure if your
surety bond will cover other states. Consult with your
consumer rights attorney for the correct answer. Just
make sure you follow all of your state’s law
requirements. Always contact an attorney or seek
professional help at all times.

Step 12: Contracts


Before performing a service, be sure to break down into
details what your plan of action is before charging your
customers. It is a best practice to have a separate
contract for the credit analysis and the monthly service
fee.

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Step 13: Contracts Part 2
CROA requires Credit Repair companies to have clauses
in detail for the following:

a. Payment amount required,

b. Description of the service you will perform,

c. Estimated time for completion, and

d. Statement outlining for your customer that they can


cancel the contract within 3 business days, if things
don’t go as planned.

Step 14: Contracts Part 3


It is important to provide the “Consumer Credit File
Rights Disclosure” to your clients when presenting your
contract. You also need to include the notice of right to
cancel, your state’s contract requirement, terms and
condition plan, and other clauses such as the
arbitration clause, right to contact customers, and a
digital signature format.

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Step 15: Contracts Part 4
Provide your fee schedule based on the average
amount other credit repair companies are charging.
Your fee schedule should also be based on how long
you will be charging. These normally depend on your
state laws. Your contract should be eye-catching and
user-friendly, by adding images on each page.

Step 16: Contracts Part 5


The last part of your contract will include: the digital
signature clause, client obligation, power of attorney,
and other disclosures as necessary. This allows you to
have full control while keeping your business safe. Also,
include a complaint resolution process document.

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Step 17: Website
When choosing to create your website for your business,
the best practice is to build your website before starting
your business. Your website is your “storefront” for your
online business. This is where your customers will get
more information about you, your business, and what
your business has to offer. With this, you have built trust
and confidence in the minds of your customers. Make
your website eye-catching while keeping it professional.
You may have to look for a professional website builder
to design your website. And as always, ensure that it is
fully secured with an SSL certificate.

Step 18: Website Key Points


The text on your website must be tailored specifically to
the Credit Repair industry. Upload as many videos as you
can; as more and more people prefer to get their
information from video nowadays. Be sure to also make it
easy for them to check on your prices and find your
contact information quickly. Lastly, add a lead form for
future customers and a login button for your current
customer. Ideally, this will direct them to their portal and
be able to track the progress of your service, thus cutting down on how often they will
need to contact you directly.

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Step 19: Merchant Account
In the credit repair industry, the best method of payment
is getting a merchant account. This helps you keep up
with the fast turn of technology. It is best to start
applying for a merchant account as soon as possible.

An important point to note is to avoid using a PayPal or


Square method of payment as they don’t support a Credit
Repair Business. It is important to separate your business
from your personal funds just as with any other business.

Step 20: Research your Competition


Do a competitive analysis of what your competitors are
doing and gather ideas of what you like or don’t like.
You can incorporate these ideas to form the details in
your own business. This will keep you on top of
everything when it comes to getting more customers.

Research on their process, sales, website, and all the


information that will help you step up.

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Step 21: Pricing
Before you start your credit repair business, you will need
to choose a pricing method such as either a monthly
service fee or pay per deletion. Be sure to fully explain the
fees that you charge to your customers by providing
detailed education as to what services you will perform for
that amount. Explain your services and plan of actions by
providing a layout of the step by step procedures of how
you intend to do it. By explaining in detail what you are
charging and the services you will be providing for your
customers, you will cut down on miscommunication and
canceled contracts.

Step 22: Electronic Signature


Nowadays, a new way of getting a document signed is
through electronic signature. Most customers want a
fast process, and providing an option for electronic
signature will make this happen. Find a company that will
cater to this service, build your contract in a PDF file and
upload through your electronic signature company. Send
it to your customer via email with instructions on how to
send it back. You will want to keep a digital copy of this
contract on file for two years.

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Step 23: Software
Software is a powerful tool that will help you work easily
and put everything in automation. A software tools must
have the features needed to move your business
forward. For example, the Client Dispute Manager is a
business in a box software with all of the features that
you need to grow and run your business. Featurs such
as: Automation, Client nurturing, Credit report
automation, Check printing, Text messaging and Billing.

Step 24: Credit Reports


There are many Credit Report platforms available
online, but you have to choose the company that will
give your clients the best value in pulling their Credit
Report. We recommend having your clients use Identity
IQ, or Smart Credit or Privacy Guard. All three
monitoring companie provide vantage scroes with
complete monitoring. Identity IQ and Smart Credit
provide affiliate programs where you can make extra
money from every client who signsup.

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Step 25: Qualifying the Customers
Before you sign a client, you should do a qualifying
interview with your potential customer. You will want to
check to make sure they can afford your services
before you sign them. You will also want to make sure
their credit qualifies for your services by ensuring that
they do have negative items you can work on. In your
interview, ask indirect questions to know your
customers’ expectations. You should have full control
over what their expectation is beforehand by giving
them the information they need regarding your
services.

Step 26: Qualifying the Customers 2


You want to be conversant with all the latest technology
by getting a merchant account. If your customer is
qualified for your service, make sure they have an active
email, checking account, and computer (optional). You
don’t want chase your customer for payments. Also, in
your qualifying interview, determine their goals on
bringing their late payments up to date.

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Client Dispute Manager Credit Repair Business Software

Complete Business in a Box

Credit Repair Training, Business Training, Lead Generation and Software Training

CLICK HERE to Start Your Free 30-Day Trial

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Step 27: Qualifying the Customers 3
During the interview, verify if they can sign up for a
credit monitoring service as this will be your tool and
advantage in working with them. You may want to avoid
customers with large collections within the statute of
limitation as these customers may get sued eventually.
Lastly, understand their ultimate goal and what made
them decide to start working on their credit report.

Step 28: Qualifying the Customers 4


Handling objections will be a key asset during your
qualifying interview. As you build your business, you
will practice turning a hesitant client into a sign-up.
Understand what is preventing them from moving
forward, and evaluate their credit report based on the
five factors of the FICO score. If they still have
hesitation, make sure to help them understand deeply
what your service is and what will be the best value for
their money.

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Step 29: Qualification Funnel
Funnel your future customers through their buyer’s
journey to becoming a signed client. Do an interview
following all the qualifying aspects and sign them to a
contract fitting their needs. Next, let them know the
price and the time that they will spend while in the
service. Explain the service to help them understand
what they are getting into. Educating your customer
can help take away the high expectations and will
decrease your canceled contracts.

Step 30: Need from your Client


There are certain documents you will require from your
clients to work smoothly. You will need to get from them
a signed contract, with their credit card authorization
form. Also, make sure they have their Credit Report
information. Additionally, get a copy of their ID status,
social security card, and their proof of identification.
Lastly, any documents pertaining to their case must be
sent to you.

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Step 31: Marketing Sales
You have to create time for marketing, sales, and
administration. To be successful in business, you have
to schedule a time for research and invest in learning
more about marketing, sales, and advertising. To
balance it up, you should also find time for billing and
administration. You have to organize all these together
in order to be successful.

Step 32: Marketing


Why is marketing so important? Without marketing,
you won’t be running a business. This strategy will get
you customers. You must have an online presence by
setting up a website that has an email capture box.
Invest in mastering other marketing strategies to keep
your business running. Without continually bringing in
new customers, your business will not be sustainable
for very long. Online marketing provides a way for you
to find your next customers automatically even while
you are sleeping.

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Step 33: Free Marketing Online
Use free online platforms, like social media, to your
advantage. Start creating blogs or share educational
information to build loyalty amongst your followers.
Once you have built their trust, then that would earn
you the rights to sell and market your service.

Step 34: Online Free Marketing 2


Start joining forums and leave educational comments
to invite people to your website. Build a relationship to
make them want to get in touch with you. Search for
keywords and make sure those can be found on your
page or website by tailoring your articles to these
keywords. This will help you reach the top of the search
results (SEO).

Step 35: Offline Marketing Materials


Invest in some major marketing materials like business
cards, postcards, flyers, and door magnets. Make them
catchy, fun, and engaging to attract customers. Use this
to let people know about the service you offer. Be sure
all your offline marketing has your online information so
they can easily find you and your business.

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Step 36: Email Marketing
Basically, your goal is to gather email addresses for your
future clients and affiliate who will help you find future
clients. Then start building a relationship through email
on autopilot. Use this strategy to keep in touch with your
clients by sending them consistent educational
information on how they can fix their credit. This will help
you keep them in the loop and up to date. This will also
build that trust factor mentioned in your online
marketing.

Step 37: Emails You Should Send


Make different nurturing emails to new customers,
affiliates, current customers, and those who did not
sign up. Make it educational at all times, as this will
keep them in the loop, and will build engagement and
loyalty. Emails will nurture the relationship that will
lead to future sales and clients.

Step 38: Business Cards


You may decide to personalize your business cards by
placing your picture on them. Put a testimonial to
show results how you can help them. Another
powerful strategy is to put a personal guarantee on
the back of your business card to let them know that
you can help them. Do not forget to include your
contact information where your customers can reach
you.

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Step 39: Back of the Business Card
Motivate your customer to contact you by exciting
them with promotional offers that you can place on
the back of your business card. Always have two
cards, one for the consumers and one professional
business card for your referral partners. Have
different promotional offers on the back of each of
them. Be sure your website is on all of your
business cards.

Step 40: Seminars


Another way to build authority in your area, and
generate leads, is to hold small seminars focusing on
concepts that will make them want to hear more.
Focus on your prospects’ wants by providing education
on how you can help them restore life instead of
credit.

Step 41: Seminars Part 2


Organize free seminars and get your audience
engaged by letting them speak. Constantly teach them
how to achieve their goals and use these seminars to
give out your business cards. These informal round
table discussions are a great way to get to know your
future clients better and build a relationship with
them that can lead to sales.

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Step 42: PowerPoint Presentation
PowerPoint presentations can make your life easy when
educating your customers through seminars, marketing
through online workshops, webinars, or even a one-on-
one consultation. Visual materials always help in
presenting your content. Make it concise and add
images that may cover the subjects you want to discuss.

Step 43: Advertising


Always use these words that are pulled directly from
CROA and federal laws. Always use the words
inaccurate, questionable, unverified, incomplete, and
misleading. These are good keywords that you can use
when advertising and will help you stay compliant.

Step 44: Advertising 2


To make sure that your advertising does not use
deceptive words, hire an attorney to review your
advertising contents, website, and all marketing
materials. This will help you to be more compliant and
in line with the laws given to Credit Repair companies.

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CLICK HERE to Start Your Free 30-Day Trial

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Step 45: Advertising 3
Stay away from words like eliminate, reduce, wipe,
immediate results, and don’t promise a consumer that
he/she will become credit-worthier. These are
misleading words that you shouldn’t use during
advertising. Be compliant with the laws and be truthful
to build trust from customers.

Step 46: Advertising 4


Never make it too obvious, never guarantee, and
always be compliant. Avoid misleading words like
guarantee, fast, within 30 days, clean all and fix all.
Always show a layout of the step by step process of
your service. Be transparent about what you can and
can’t do, under promise and over deliver.

Step 47: Sales and Marketing Learning


You have to find the right strategy that will work for
you. There are a lot of marketing and lead generation
materials available in the software, but the key to
making it work is doing the work. You have to invest in
sales and marketing, as it is the heart of your business.

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Step 48: Sales
Equip yourself on how to make sales by learning or
outsourcing. Know your clients by gathering
information. Listen and find out their issues and goals,
then base your presentation depending on their issues
and goals in life. This will help you close clients.

Step 49: Sales Part 2


During your sales interview, you will want to take
control of the conversation, and make an assumptive
close; lead your customers to where you want them to
go. Take advantage of your customer interview by
asking for a referral at the end of your conversation.
Offer a referral program to get more leads.

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Step 50: Sales Part 3
Why is marketing so important? Without marketing, you
won’t be running a business. This strategy will get you
customers. You must have an online presence by setting
up a website that has an email capture box. Invest in
mastering other marketing strategies to keep your
business running. Without continually bringing in new
customers, your business will not be sustainable for very
long. Online marketing provides a way for you to find
your next customers automatically even while you are
sleeping.

Step 51: Sales Script Elements


Always ask how they heard about you to know your
conversion rate. Track which marketing channel/strategy
worked through your sales script. Find out what made
them call, listen to their problems and goals, then funnel
them down to closing the sale and lead them to get
started.

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Step 52: Affiliate
These are people that can send you customers. To get
an affiliate to organize an email campaign to build a
relationship, create an application and agreement with
the terms of payout. Make sure you train your affiliates
about your service and provide ideas on how to sell a
Credit Repair service. Explain your ideal client, so they
know who to refer you to, and to ensure that they are
sending you qualified leads.

Step 53: Affiliate Partners


They are important in growing your business. They
can send you a great number of leads if you provide
them with education and training. It is important to
organize an email campaign with information on
what’s in it for them. To sign them up, create an
agreement with terms on how you will be rewarding
them for their referrals.

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Step 54: Referral Source
Where to get leads? You can go to realtors. Get yourself
prepared with a presentation on what you can bring to
the table. Educate them about the services you provide.
Always choose the best time for meetings. Tuesdays to
Thursdays are the best.

Step 55: Referral Source Part 2


Other ways to generate leads is to rent a desk in the
real estate office. Create a ‘give and take’ relationship
with real estate offices/agents. You can also approach
the mortgage professionals and mobile home dealers,
the same way. Always remember to educate them and
let them know what’s in it for them.

Step 56: Referral Source Part 3


You can also target and contact contractors, rent to
own landlords, car dealers, and military recruiters.
Those whom they turned down can be your leads.
Create a win-win relationship and offer them
something as a thank you for giving you the leads.

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Step 57: Referral Source Part 4
Additional referral sources are consumer rights
attorneys, divorce attorneys, bankruptcy attorneys, and
mortgage and realtors associations. You can get into
their meetings and ask to be a guest speaker. Get into
action, and get more leads, by being resourceful.

Step 58: Customer Service


In order to build loyalty, you must address your
customers' concerns by providing great customer
service. It is a good practice to attend to phone calls and
emails promptly, and always ask for permission before
recording a phone conversation. Invest time in learning
the best ways of providing excellent customer service.

Step 59: Customer Survey


Getting feedback from your customers is a powerful
tool that can help you improve your business. This is
the most direct way of knowing how your customers
view your service. There are various ways of doing a
survey; you can contact them online by sending an
email or simply by calling them to add a personal
touch.

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Step 60: Dealing with Difficult Clients
The first step is to get to the root cause of your
customer’s issue. And then you can address their
emotions through empathy, and take away their
unrealistic expectations by educating them on how you
will resolve their issue. Keeping in touch avoids
impatient and angry customers. Set up a way to get in
touch with them regularly to make them feel valued.

Step 61: Client Contact


What are the best ways to stay in touch with your
clients? You can use text messages, emails, pre-
recorded messages, and phone calls. You can also do
monthly updates, progress updates, and regular
emails. Additionally, you can think of different ideas for
surprises, gifts, or bonuses. Keeping in touch regularly
will help you avoid questions, as well as customers who
are hard to deal with.

Step 62: Being Organized


Being in the Credit Repair Industry requires an
organized structure. You have to set priorities, divide
the tasks, and learn how to manage your time and
schedules. You have to be equally prepared for all the
steps that your business will go through. Having
everything organized will dictate your business’s
stability and longevity.

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Step 63: Prepare Your Mind
You have to be mentally prepared to run the business;
having a growth mindset will be a key factor to your
success. Motivate your mind constantly to stay on top
of this business. You need to have the drive, focus, and
discipline to face and handle any obstacle that may
arise. Feed your mind with motivational training by
reading books or other resources, such as podcasts, if
you are an auditory learner.

Step 64: Time Management


Time management is everything in this business. Allot
time for your client’s one on one meetings, marketing,
answering support emails, and block a certain time daily
to do administrative tasks. You should research different
online platforms that may help you manage certain tasks
in your business. Another option is to look into
outsourcing certain tasks that are not required for you to
do.

Step 65: Books and Taxes


There are online programs that you can use to track
your profits and expenses. It is extremely important
that you understand this before you start earning
money. One of the best ways to do this is to consult a
CPA and bookkeeper to know how you can manage
your books and taxes. Even before you start posting
profits, it is imperative to start tracking your income
and expenses for tax purposes. Keep all your receipts,
either physically or digitally.

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Step 66: Company Policies
To protect your investment and your business, you must
put in place company policies. Eventually, your business
will grow bigger, and you will be hiring employees to
help you. Having your processes documented now,
before you hire anyone, will make onboarding new
assistants much easier. Immediately, create an
employee agreement and hire skills, based on the
position that you are looking for. Spend time doing the
interview process to find the right employee.

Step 67: Branding


This builds awareness, trust, and credibility for your
business. It is important to start branding at the very
beginning; you can seek assistance or hire professional
help to get this set up. Branding goes a long way in
establishing your business.

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Step 68: Building Credibility
Certification is a plus as you go further into your
business. You can build your credibility, trust, and
loyalty simply by having your presence throughout the
internet. Authority is built using different platforms
and maintaining your branding. If you wish to get a
certification, you can go to FCRA Certification, All Regs,
and Certified credit consultant. Another option is to
write a book.

Step 69: Testimonials


Gather positive feedback and testimonials. Place it on
your website, contract, or even in your office. Ask
permission from your clients to post their testimonial,
and try to get a picture of them for authentication. The
best way to get a testimonial is to ask your clients for
them once you completed work for that client.

Step 70: Growing Your Business


Set your goals. Plan ahead and be ready for the growth.
You have to think of how your business will grow and
set your mind to it. Be ready and prepared for the
upcoming changes, such as hiring employees,
employee retention, etc. You have to lay out a plan that
will dictate the growth of your business.

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Closing:
I’m so glad that you made it through all 70 steps to
starting and running a six figure credit repair business. It
may appear to be a lot of work to run a six figure credit
repair business, but it’s worth it because of the freedom it
gives you. If you want something, you have to work for it
because as you know in this world nothing is free. To truly
be successuful, you want to build your business one
customer at a time. Remember, the credit repair business
is a real business and not just a hobby. Good luck and if
you need to contact me, please do so at: 1-888-959-1462
or [email protected]

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