Starting a Collections Agency
Date: Tue, 09/18/2012 - 10:30
You need to take the same steps you would for starting any small
You need to take the same steps you would for starting any small business. You'll need to get licensure not only for the CA you want to start, but for operating a business in NYS. You'll need a lawyer of some kind to help you navigate the laws.
You also need money....a good chunk of it and that is before you
You also need money....a good chunk of it and that is before you start buying accounts.
Licensing and bonds in many states.
Computer Equipment seperate from your home computer....you need to be able to electronic download files from the seller.
Heavy duty printer
An attorney and an accountant.
Commercial phone lines
PO Box Rental
Something like Pitney Bowes mail station to print postage
Printed letterhead and envelopes..this list goes on and on.....
Have you been in collections before?? This is not a type of business you just open up at home. In fact,you need to check your zoning laws to find out if it is even legal.
Ever worked in collections
