check out laws and regulations in your stae(georgia)
To start a repossession business you must file the appropriate business license. Many repossession businesses also have insurance and a bond for their business.
It might be easier to contact an existing repossession service such as Renovo, Inc. They contract service providers in other states to conduct repossessions in their local areas. This way, you get experience in the business, and they take care of all the red tape.
The money needed to start a business is called "capital".
One popular business that was start in Georgia is Chick-Fil-A.
Bond?? whatever the NY authorities require to get a BL. Bond to get business?? Varies by lender. MAJOR nationwide lenders usually want $1,000,000 wrongful repossession insurance.Smaller lenders may not require a bond. Certification??? NOT required but it is VERY useful. At $350.00 for a cert course, it is money weel spent.
You must be at least 18 in order to contract, and if you can't contract, you can't start a business.
yes
Exceptional rental yields
buy a taxi
Taxi cabs, a large building, and payment systems are needed to start a taxi cab business. You will also need equipment like radios.
yes yes
A fourteen year old cannot start their own business. You have to be at least 18 years old before you can start a business.