Get associated with a Repo company

Guys who have big businesses today have started with something
small at one point in time. They took help of other companies and
incorporated their assistance in the work and simultaneously both
grew. The thumb rule of success of any business is do not do
everything on your own. Allow others to be a part of your business
and take their assistance. The companies whom you will share your
project with will provide you the necessary resources using which
you can grow and make more money. No company wants to utilize all
of its finances to buy resources when it can easily incorporate
another company to get the work done and simply share the profits.
This is what the Repo companies also believe in. Not many Repo
companies have a towing van to tow heavy equipment. Whenever they
get an assignment from any banks or financial institutions they
hire a towing vehicle from someone they know and get the work done.
However, not all Repo companies follow the same modus operandi.
Some believe in buying the van and keep it in standby so that
whenever it is needed they can make use of it. If you are a small
time Repo company and you want to grow big, the first thing is you
have to develop your contacts with financial institutions that lend
money for heavy equipment or trucks or you get associated with
another bigger Repo company who will give you assignments as and
when it gets one. They will keep their share and give you the money
of the work you have done. Ideally, they will only take the money
for the information they have given to you and you get the money
for the entire work. However, that is still better than having no
work at all. Get into an agreement with the Repo company:- When you
are getting associated with a Repo company, it makes ample sense to
first get into an agreement with them where you will define your
rate to them and they will pay you accordingly. Your rates should
differ depending upon the kind of work you have to do. For instance
if you are assigned to tow a mid-sized heavy equipment you can
accept a lesser price for that work but that certainly does not
mean that you have fixed your rate on towing all types of heavy
equipment. To tow big sized heavy equipment you require specialized
towing vehicle and if you do not have that vehicle you may have to
borrower it from someone who will bill you more for it. So mention
your rates on the basis of work that you will do. Deal with many
Repo companies at the same time:- It makes less sense to hang
around with just one Repo company with the hope that they will keep
you busy for the entire week or month. You need to be associated
with many other Repo companies at the same time. This will let you
get more businesses which will further help you to grow in a short
time.