| Top TFA Exec: Repo Agents Need to Learn Business 101 A problem the executive director of Time Finance Adjusters believes many hard-working, reputable repossession agencies are facing nowadays is becoming more evident as the economy slowly struggles to right itself. During a gathering of veteran agents, Ron Brown shared that he “was very surprised that many guys did not know what they’re daily expenses were or what the individual expense to repossess a vehicle was.”
To further explain this point, Brown recounted the downfall of an agency that had been in business for many years. A forwarding company approached this agency and said the operation would receive just $275 per assignment, but the stream of repo jobs would be significant. “Well if you’re working for $275 and it’s costing you $300 to do it, high volume just means you’re going to go out of business faster,” Brown conceded. “That’s exactly what happened to him.”
Read the full story at Auto Remarketing: click here Source: www.autoremarketing.com |
Dealer Showcase
Illinois
Worldwide Equipment Sales
is our showcase dealer for this month. Located near Chicago, IL - Pat and his team have earned an excellent reputation in taking care of their customers. We're proud to call them part of our dealer team as well. Give them a call next time you need parts, service, or a new Minute Man if you're located in northern Illinois!
Phone:
815-725-4400
Website:
newtowtrucks.com
Check this out!
RABF - Recovery Agents Benefit Fund
Helps families calling because of exceptionally hard times due to debilitating injury, illness or death. This includes times when the fund was called upon because families did not have the money required to pay the expenses to complete their loved one's burial.
Check them out here:
recoveryagentsbenefitfund.org/
