Utility Bill Auditing

No this doesn't involve a job with the IRS. Auditing for our purposes is the act of reveiwing bills for any errors. The most common bills that are audited are utility, freight and hospital. You as the auditor will go over these bills with a fine tooth comb looking for any overcharges in favor of your client. You then present your findings to the companies that made the errors. Your client will receive a refund and you collect a percentage of that refund, usually in the 50% range. In addition, depending on your agreement, you may be entitled to 50% of the savings for a time-period after your audit. That is, if the client would have continued to be overcharged, had you not found the error, you will get 50% of what they would have been overcharged for a time-period agreed upon. If you are auditing for a big company that can be a fairly big prize.

Auditing is a legitimate business and as finding new clients go, one of the easier jobs you'll have. Why? Your approach is simple. "We'll review your bills for any overcharges, if we find any you pay us 50% of the overcharge, if not you owe us nothing"

The challenge lies is finding the right kind of client. Obviously the bigger the better. The bigger they are the bigger their bills are and the more likely they are to have errors. If I was getting started in this business I'd definitely utilize the PLAN outlined in Chapter ? I would also concentrate on utility bills because they are generally higher than frieght bills and thus the opportunity for higher commissions.

Hospital Bill Auditing is an area you should be very careful in trying. The people selling you the program will say that over 90% of bills contain errors or some high number like that and it's probably true. The problem is if the error means you were charged for 3 aspirins when you only had 2 there is not very much commission involved there and not worth the time. You'll have to sift through a lot of hospital bills to find one worth your time. Stick with utility bills, buy the program form someone who couldn't make it fly and you can make this a nice business for your self.