Debt Resolution Affiliates Want Accelerated Commissions to Offset Overhead. 

With more and more people buried in credit card debt, especially right on the heels of the recent holiday shopping, it's no coincidence that more and more sales offices, call centers, mortgage offices, credit repair companies and entrepreneurs are jumping head first into becoming Debt Settlement Affiliates, Net Branches and/or an Attorney-Based Debt Resolution Affiliates.

 

The simple fact is, there are no barriers to entry except a physical presence, a sales force, debt settlement and/or debt resolution leads, and money to carry you until the monthly fees start accumulating.

 

Realistically, this can take a long time, and many have learned the hard way by not preparing themselves for the limited amount of money coming in (during the first 6 months) and, what is coming in must go to your sales force, so they can eat.  There is no way they're able to wait months to get paid.

 

So what's the answer to being able to stay afloat while building momentum to be cash flow positive? 

 

There are many answers, but here are the top 5.

 

1) Make sure you're being paid accelerated commissions from your back-end debt resolution company.  This means that you're able to capture 35%-50% of your fees in the first 3-5 months.  This wasn't an easy find, but we found a company that offers this to their debt resolution affiliates and net branches.

 

2) Whoever is running your sales office, whether it be a manager, team leaders or just you, that person (or those people) need to be on the phones, out sitting with everyone else.  This business is so easy that if your sales agents aren't closing at least 1 deal a day each (that's 20 deals each a month), then you need to consider what you're missing.

If your sales force is in need of ongoing debt resolution training, then ask for it!

 

3) Find a debt resolution company that offers quality sales training.  Each week, you jockey to hire the most qualified agents and after a while, you, like everyone else just sits them down next to others (generally the top producers); but what if the new trainees could watch debt resolution training videos that listen to ongoing conference calls, enabling the "best of the best" to walk away "fired up"!  Well, it's the same company we mentioned above.  This company is like a marketing company that emphasizes ongoing, free sales training for your sales force, and it makes demonstrated sense.

 

4)  Make sure you're able to settle debt in 48 states.  The green states are diminishing, and marketability is crucial.  (FYI:  there is no difference between debt settlement and debt resolution except that with debt resolution, attorneys are settling the debt.  Moreover, these attorneys were smart enough to create an attorney network, so that is how they're able to settle debt nationwide.)

 

5)  Invest in leads.