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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.