What We Offer (This is Your Business)
Regional Managers, What they Do and How they Get There
Regional Managers develop and lead professional sales teams. If you are an assertive results-oriented individual, you have the ability to earn $250K to $500K in your first year. Since you get recruiting bonuses and rewarding management overrides, there is no ceiling on your earnings as your business builds. You will have exclusive sales territory in your area and no sales boundaries. We provide excellent training and on-going support. You will enjoy the freedom and independence of a flexible schedule with no required evening, weekend, or major travel. This is a high demand, critical financial service which includes debt recovery, outsourcing, collections and cash flow solutions for business and professional practices of all sizes.
As a Regional Sales Manager you will oversee your exclusive sales territory in your own area and;
- Direct outside sales/account management team to promote B2B profit recovery, outsourcing, and collections services to businesses
- Be responsible for new business development and developing new relationships with prospective clients.
- Create sales presentations and proposals and negotiate service contracts.
- Provide weekly sales updates to executive management.
- Provide outstanding customer service to existing and prospective clients to retain, renew, and build the sales base.
And we will train you!
The Earn as you Learn Program
As part of the business system, the Regional Manager or his/her local trainer accompanies new reps on their first appointments and makes the presentation with a 50/50 split of the sales commission. The Trainer/Regional Manager may also accompany the rep on subsequent presentation at the request of the rep or when a higher level of expertise is required. We provide the training that you pass on to your sales reps.
Train to do what exactly? What am I buying into?
The credit and collections industry is the largest industry in the country today. it's bigger than banking and insurance. The expanding credit economy ensures you will continue to prosper. We serve a constant need and ours is an inflation-proof, recession-proof industry. When economic times are bad, money gets tights, interest rates climb and a slowdown of accounts receivable payments occurs. Businesses need their money faster than ever before, and our industry benefits.
When the economy is good, credit granting becomes more liberal, more accounts receivable are created and our industry gets even better! Inflation or recession, boom or bust, regardless of the economic climate, our industry continues to expand and prosper.
The Bottom Line: How to Make Money
First Revenue Stream: Personal Sales
Commission Structure for Regional Managers is 40% base. For example, 2 presentations equals 1 sale. If you only averaged 1 $5,000.00 sale each week you would enjoy an annual income of about $104,000. If you averaged 2 $5,000.00 sales each week, you would enjoy an annual income of around $208,000. If you averaged just three $5,000.00 sales each week you would enjoy an annual income of around $312,000.
Second Revenue Stream: Group Sales Overrides
If your group sales average $500,000.00 per year, your commission would be $75,000. If group sales average 1 million dollars per year, your commission would be $150,000. If group sales average 2 million dollars per year, your commission would be $300,000. If you average your personal sales (revenue stream 1) with group sale overrides, you can enjoy an annual income of over $462,000.00.
Third Revenue Stream: Back End Collections (Secondary Phase)
Back end collections is the litigation phase of our collection process. Your commission structure as a regional manager is 8%. Once the back end collection phase starts, you will receive 8% of what is collected. For example, the secondary phase collects 1 million dollars per year; your commission would be $80,000.00. If the secondary phase collects 2 million dollars in a year, your commission would be $160,000.00. If the secondary phase collects 3 million dollars in a year, your commission would be $240,000.00.