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(as of Mar 08, 2025 21:18:53 UTC – Details)
Are you looking to start a recession-proof business that will last through even hard economic times? A payday loan broker cash advance business is the solution. My book, Payday Loan Business Start-Up, I will show you how to start a payday loan business from scratch. Small, short-term money lending provides a service that people desperately need to make ends meet or pay an unexpected expense.
A payday loan business is easy to start.
I will take you through the process of beginning a payday cash advance loan business from start-up to the daily running. I’ll show you how to hire great employees, how to determine your profit, and how to write an ironclad business plan. You’ll be up and running in no time!
A payday loan business is a durable business venture.
I got my first taste of personal money lending with my entrepreneurial father. He owned a pawn shop before he started a payday loan business. I have been an integral part of his companies for years before myself owning three successful payday loans businesses. I am now a consultant and teacher to other budding business owners in my area. I have never had an issue starting, running, or growing a personal money lending/payday cash advance loan business in the past two decades. That’s how durable this business is!
Research and learn all you can about the payday loans industry.
This book offers a guide and secrets on how to start your payday loan business and turn your capital into a lucrative venture. To make the most of this book, listen carefully through every chapter while taking short notes for later reference. I would also encourage you to continue your research and read everything that you possibly can get your hands on about this business. Knowledge is power, especially when you’re entering into a brand new business venture.
My book will teach you specifically how to start a payday loan business.
Other books on this subject do not seem to give enough information on the loan broker industry. My book will teach you to start, run, and grow your business from idea to launch. You learn about the following topics:
Definitions of industry termsThe history of payday loansHow payday loans workHow to get a payday loan as a customerThe application processRisks associated with a payday loan business and how to avoid themSkills needed to start a payday loans businessEstablishing a payday loans businessPicking a business structureSetting up a limited liability company (LLC)Decide on your brand strategyHow to register your business nameHow to collect different types of customer dataHow to conduct a feasibility studyHow to find your target marketUnderstand the competitionDetermining income potentialUnderstanding financial terms with payday loansA specific list of start-up costsFinding start-up fundsResearching the right commercial locationsHow to create a business planHow to create a marketing planHow to conduct market analysisDifferent marketing strategiesUnderstanding legal regulations on the federal and state levelWhat to look for when hiring a lawyer and how to save on legal bills
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