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With the current economic downturn, it is becoming increasingly difficult to land the career of your dreams while maintaining a stable personal life. To combat this, many individuals are beginning to open their own businesses, so as to fulfill a professional need to be successful. Although, opening a collection agency may not be at the top of your list of businesses to start, the U.S. Department of Labor reports that the median annual income for someone in the collection industry is $29,000 and, as a business owner, the earning potential increases. This manual delivers innovative ways to streamline your business and presents new ways to make your operation run smoother and increase performance. Whether you will be operating out of your home or you are looking to buy or rent office space, this comprehensive guide can help you with a wealth of startup information. How to Open & Operate a Financially Successful Collection Agency Business will teach you how to build your business by using low- to no-cost ways of satisfying clients, as well as ways to increase sales, and thousands of great tips and useful guidelines. More importantly, this book contains the most up-to-date information on the Fair Debt Collection Practices Act and other laws regulating the industry today. The Companion CD-ROM is not available for download with this electronic version of the book but it may be obtained separately by contacting Atlantic Publishing Group at firstname.lastname@example.org.