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Information Pages |
Frequently
Asked Questions
Listed
below are the questions we are most frequently asked about starting your own
Home Collected Cash Loan Credit Company, together with our answers.
How
do I know that this isn’t just another empty business opportunity offer? Because
we openly invite you to visit us at our HQ where you can see the business in
operation, prior to purchase, and without obligation. Just contact us on 0870 609 1186.
Do
I need any qualifications or experience?
None at all. You simply need to be comfortable dealing with people (both on the
telephone and in person), ok with basic paperwork and a computer, and possess
average common sense. We take you from the start, and all necessary know-how,
procedures and techniques are fully explained. This business can be run by
anyone - male or female, and regardless of age. Will I be able to use the software easily? I am not very good with computers The software package is designed to be user friendly in the extreme; all you will need are the most basic of typing skills to enable you to enter new customer names and addresses. After that you will need to be able to enter simple amounts in figures, click a few buttons, and enter a date once a week. However, the results from this simple data entry are quite amazing; all your customer weekly balances and statistics will be automatically calculated and are there at a glance. Can
I run my business from home?
Yes, you can enjoy all the benefits of working from home including minimal
overheads, flexibility and convenience. Many businesses are now home-based. You
visit clients at their homes on a regular weekly basis, so you’ll never need
to invite callers to your home. Documents can be delivered personally or by
mail.
Will
I need any kind of licence? Yes, you will need a credit licence
available from the Office of Fair Trading*. Help with the application will be
readily available from ourselves should you need it. *The
conditions for obtaining a credit licence include: disclosure of bankruptcy
and/or county court judgments and criminal convictions (unless spent).
How long will it take to get started? You'll need to study the manual and documents, and arrange a visit from our training rep at your convenience for the personal training and induction course. Then, when you are ready, you can launch your business with our ‘Customer Acquisition Action Plan’. You can be up and running very quickly indeed.
Will
I find it unpleasant asking customers for money? Not
at all, you will be visiting your customers on a regular weekly basis, and
therefore you will become part of their regular routine. The nature of the
business is such that, as a Loan Provider, you will be treated with the utmost
respect and often treated as a trusted friend and confidant.
There
are several loan/finance companies in my area already. Will this present a
problem? Quite the
contrary. Existing businesses are a healthy sign, and indicate an active market.
This is an expanding business, so there's always room for a well-informed
newcomer. We show you how to ‘tap into’ the existing market, and exploit
advantages, which you will have over other Loan Companies. Remember that you
need only a very small percentage of local trade to produce excellent results
for yourself.
Will
I need to spend much money on advertising? No, the promotions we use are
relatively inexpensive. Don't be put off by the large press ads placed by many
companies. We do not recommend such a wasteful approach. Instead we explain a
variety of effective and proven low cost marketing methods, and also include
promotional material designed to be printed from your computer. Furthermore we
show you how to acquire new clients without advertising at all - our most
effective methods are a very low cost way of acquiring new business whilst
keeping risk of bad debt to a minimum.
Why
do you offer a low-priced Business Package rather than a franchise? Many
people would like to set up in business, but are either unwilling or unable to
commit to the high cost and ongoing commitments of a franchise. There are others
who simply wish to add this business to an existing concern, for whom a
franchise would not be suitable. Our Business Package is also ideal for the
independent minded individual or business professional to whom we feel that our
business package has an instant appeal. It is for the benefit of all of these
enterprising individuals that we have chosen to offer an affordable and highly
effective alternative to a franchise.
Will
I find the information and guidance easy to follow? If you find these
pages clear, you’ll have no problem with our Business Package. Although
comprehensive, everything is clearly laid out. We concentrate on practical
issues, explaining exactly what to do, and how and when to do it, and have kept
theory and law to the minimum we consider necessary. You’ll find the Section
headings and some of the topics covered in the following pages.
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