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Discussion
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[+] What is Reasonable? - Carl Litchfield/SC (6 replies)
5/9/2011 7:54:04 PM (2601 views)

[+] Comment on "Title Insurance Industry 2010 Performance-- in Graphs" - Source of Title/OH (2 replies)
5/7/2011 4:00:23 PM (2736 views)

[+] Home Prices Double Dip Down - Leigh Attridge/MA (1 reply)
5/6/2011 11:21:46 AM (3296 views)

[+] Comment on "Ties Common Between Title Crimes and Out of Control Casino Gambling" - Source of Title/OH (2 replies)
5/4/2011 8:13:35 PM (2411 views)

[+] Offering: current owners for $ 20! - MJDT/KS (6 replies)
5/4/2011 1:47:18 AM (3102 views)




[+] ALTA's CEO is Chairman of the Board of MERS..? - Slade Smith/OH (2 replies)
5/3/2011 9:40:30 AM (2652 views)

[+] Harvard University reports "affordability crisis for renters" - Leigh Attridge/MA (2 replies)
5/3/2011 8:34:15 AM (3316 views)

Tri State Abstractions - Joyce Obrien/PA
5/2/2011 1:07:12 PM (3771 views)

[+] New World - William Pattison /CA (5 replies)
5/2/2011 12:37:37 PM (2872 views)

[+] Off Shore Companies - Susan Grace/RI (7 replies)
5/2/2011 12:26:14 PM (2971 views)

[+] "All we have are shadow markets" - BW - Dave Pelligrinelli/GA (2 replies)
5/1/2011 7:27:45 AM (3390 views)

[+] tornado - rude client - Jason Knowles/AL (10 replies)
4/29/2011 4:11:22 PM (3006 views)

[-] Pricing - Aaron Thorpe/NY (6 replies)
4/29/2011 3:48:24 PM (2853 views)
Re: Pricing - Nils Nelson/ME
4/29/2011 7:32:12 PM (2758 views)
Re: Pricing - Aaron Thorpe/NY
5/2/2011 2:23:31 PM (2521 views)
Raise Prices - William Pattison 
5/2/2011 12:28:09 PM (2620 views)
Re: Raise Prices - Aaron Thorpe/NY
5/2/2011 2:30:15 PM (2464 views)
Re: Pricing - Thomas Rance/PA
5/3/2011 8:04:18 AM (2531 views)
Advice on Operations - William Pattison /CA
5/9/2011 3:42:48 PM (2443 views)

A cotingent financial question that you somewhat allude to is:  Can you afford to keep clients that don't pay enough to  live on? 

This is a basic business determination that you'll need to make.  If your (very little) income is exceeded by your outgoing expense, then you are running a charity and I hope that you're independently wealthy enough to provide such a free donor service.  Please do my work for free too and take both the liability and cost of doing so.

Seriously, the best way to be in business is to expand your client base.  It can be hard to  know when you need to "pound the pavement" for more clients, but you should look to doing so soon, if your income is running short.  Advertise free, write blogs, stay connected on various forums, offer more records filings and research, send out some letters to local law firms, spend time helping people at the county offices, pass out business cards to your local building and planning agencies, and make sure that you website is up to date.   Jump on professional and social network sites, joint Twitter, and stay connected.

An important principle of business to keep in mind is that a business does not make money by saving money, but at the same time, savings can keep you afloat during bad times.  So, consider dumping unnecessary pay  services:  check your cell plan and mobile modem (can you combine them?), dump your home phone for the cell, use library resouce connections for pay services like Ancestry.com, plan your research trips more efficiently, get online subscriptions that are free instead of paying for paper magazines by mail, use a digital camera to save clients money by photographing document images instead of paying xerox costs, and keep your home expenses low by getting rid of cable and satellite while learning to use free video services like Hulu and over-air television. 

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[+] non paying clients-post on SOT? - Nathan Miller/KY (6 replies)
4/28/2011 4:47:46 PM (2968 views)

[+] 21st century- still has not paid - Nathan Miller/KY (4 replies)
4/28/2011 4:02:11 PM (2713 views)


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