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Second Edition Starting a Collection Agency, How to make money collecting money

by Michelle Dunn

List Price:$39.99
Amazon Price:$39.99 & eligible for FREE Super Saver Shipping on orders over $25.
Average Rating:3.5 out of 5 stars
Lowest New Price:$39.99
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Editorial Reviews
Product Description
Do you want to start your own debt collection business? Don't know where to start? This book can help you start and run your own successful collection agency. When I started my business I did all my own research, read a lot of books, networked online and offline and took many classes. I started my business with nothing and built it up to a successful home based business that I sold after eight profitable years. Because I have researched, done all the legwork and know what mistakes you will make and can help you avoid them, I am confident my book can help you start and run your own home based debt collection business. I have many success stories from people who have used my book and my consulting that have successful collection agencies today! It worked for me, for them and can work for you. The advantages of using my book when you start your agency are many. Something that would take you 20 hours to research, may have already been done and the answers are in my book. When you use the resources I share with you you will have support while you work, you will be inspired to do your best, you can overcome challenges that might seem overwhelming to you alone and you can make your dream a reality. My book will help you get information on any licenses or permits you may need, marketing, pricing, setting up your home office, dealing with interruptions, time and distractions, growing your business, increased sales, income and any questions you may have. I make recommendations to you on how you can save money while growing your business, cheap to free marketing ideas, and ways to promote yourself online and off. Hiring a consultant to help you in the beginning stages of building your business will help you achieve success twice as quickly than if you tried to do it alone. If you do not wish to utilize my consulting, you can use this book as a guide and successfully start, run and grow your own debt collection business. If you are serious about starting your own collection agency, this is the book you need. I wrote the first edition of this book because of the demand for it and now offer you a Second Edition filled with even more details and resources to help you be successful and be your own boss.


All Customer Reviews
Average Customer Review:3.5 out of 5 stars
0 of 0 people found the following review helpful:

2 out of 5 starsVery basic., 2008-09-29
I was hoping to find much more detail on how to start this business and more best practices. I went through the entire book in about 30 minutes and did not learn one thing. If you know how to start and run a small business and just want detailed specifics about debt collections this is not the book for you. It seems more about starting a business in general with just a hint of debt collection.


0 of 1 people found the following review helpful:

1 out of 5 starsPlease Don't Waste Your Money, 2008-06-13
I bought this book hoping to get some really good information about opening a collection agency and what I received was an incredibly simplified book. There's a chapter on "collection terms" like "pay" and "debt" etc. The font is at least 24 type and includes mostly general information that can be applied to any business. I hate trashing books, but I have to say that this was money wasted.


4 of 5 people found the following review helpful:

1 out of 5 starsWeak, 2007-10-25
This book is supposed to combine two subjects: collecting and starting a small business. I was looking for more information about collecting and I suspect some viewers may be more interested in information about starting a small business.

The author's style is conversational, but maybe too much so; the book is riddled with errors that indicate that it was not professionally edited, but that alone isn't too bad. I actually like the folksy tone of the book, but the author confuses the issue by switching between being your friend and selling you other goods and services from her consultancy. Indeed, she is shameless about failing to cover a subject, instead referring you to her other works...at an additional fee. It is also very self-congratulatory without the substance to back it up, which is a real turn-off for me.

This book was not very helpful to me in learning more about collections; in fact, I have since read two other books that were less than half the price and many times superior to this one in that regard. If you don't know collections, get a collections book for much less money.

As an accountant and small business consultant, I can say that if you looking for more information about starting a small business this is not your book. It is very weak, and chapters are often one or two pages, sometimes merely listings of information (such as the respective secretaries of state) that a two-minute Google research stint could unearth. If you want to learn more about starting a small business, many books with real coverage of that topic could be had much cheaper.

All in all, this book was extremely weak on covering either topic. Its information should have been condensed into a single chapter for one of her other books, or else the information from the other books should have been included in this volume. You can imagine how badly I wish I had my forty dollars back.


2 of 3 people found the following review helpful:

5 out of 5 starsEverything You Wanted To Know About Starting A Collection Agency And More, 2007-07-02
There is a lot to like about Michelle Dunn's second edition of Starting A Collection Agency. First it is written by someone who really is an expert and knows her stuff. Although she had lots of credit manager experience, she had never worked in a collection agency when she decided to run one herself. Through trial and error and lots of hard work and study, she became successful and later sold the business so she could work full-time on her writing and consulting. She gives practical advice with lots of forms,letters, and checklists to use. In addition, she gives many websites and references for people in the field to contact. She has formed her own website for networking and discussions so that people new to the field can get information that took her years to collect. Her personality shines through and one can tell that she loves this kind of work. She is generous with her information and she really wants her readers to succeed. I highly recommend this book to people who want to start a collection agency. but it is also interesting to anyone who wants to know more about the collection process. I also loved the cover photo which consists of stacks of money.


0 of 1 people found the following review helpful:

4 out of 5 starsGood information, 2007-03-16
Nicely laid out, easy to read and informative. Good book for beginning agencies.




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