What is the American Business Systems? Can You Really Earn From It?

What is the American Business Systems

Are you also asking, what is the American Business Systems? Do you want to know if it is a legit business opportunity or just a scam? Are you eager to know if it can help you in your money problems? Well, here is my extensive review to help you learn more about it.

 

Before we jump into the review proper, let me point out that I have always been making reviews about business franchises. I made this as a passion because I don’t want you to do the same mistakes as I did before. By the way, if you want to start your own online business for free, check out my review on the #1 recommended work at home business.

 

What is the American business Systems?


American Business Systems is a company that promotes business that solely revolves in medical billing field. The founder of this system is Patrick Phillips. According to their website, they  offer web-based medical billing software and service package that includes their Live Training, Lifetime Business Support and a 100% Money-Back Guarantee.

I will discuss in more detail about how this program works later on. This company is a real and the information about its owners and team is also available on their official website.

In this review, I will take a closer look on it and try to find out the truth behind the claims that they have made. This review is completely unbiased and I am not related at all to this company. I suggest that you read the full review before thinking about joining and risking your hard earned money.

How does American business Systems Works?


After you become a licensee, you can start to benefit from this company. Before we take a look into what the company offers, I would like to point out that the 100% Money Back Guarantee is only for those people who attended the Live Medical Training class. This means that you will only get the refund if you quit during the training period.

By the way, you will get the following exclusive products after joining ABS along with Lifetime Support, Training and Marketing Materials.

Electronic Medical Claim Filing: iClaim allows you to help the doctors get paid faster from insurance companies as well as reduce their number of rejected claims. iClaim is actually a claim filing and practice management system.

Electronic Medical Records: This system gives the medical providers the tools they need to effectively document and manage each step of the encounter with the patient. EMRx is simply a system that allows documenting and managing electronic medical records.

Patient Payment Plan: ChoicePay allows the patients to pay the balances they owe to the doctor in smaller monthly payments.

Others: There are several other products such as AuditGuard, QuickCollect, AutoCard and many more. The products are nice and they are really useful in this kind of business.

The Marketing Materials include ABS Practice Analysis Tool, full color flyers, presentation folders, and many more. The Training will teach you everything you need to know about the business and selling the services, but it does not mean that you will immediately be successful.

 

How much does It Cost to Join?


The cost of joining is $24,990. I think this is a lot of money and you should think hard before investing this kind of money in anything.

 

How much Can I Earn?


The company claims that you can earn $20-$30k per medical billing client. However, I have not seen any evidence that proves their claims to be real. I am not saying that this company is lying, but I am saying that I cannot believe anything without evidence. There is a lot of competition in this business and you will be competing with some of the best in this industry.

There are obviously bigger businesses than your own business involved. Your success will depend on getting enough people interested in buying your services. Honestly, the company will help you in your business, but they cannot ensure that you will succeed.

 

You also have to take into account the $24,990 that you invested in this business. You will need to earn more than $24,990 to earn a profit and there is no guarantee that you will get there. I have seen some licensee reviews and I do not think that most people earn a profit from this business. You can sell your license if you fail in this business, but it is not going to be easy to sell your license to someone else.

I think that some people who do well can indeed earn a thousand dollars or more per month, but most people will fail to earn money.

 

Are there Any Complaints?


Yes, and I have listed the major concern below.

TOO MUCH EXPENSIVE

It is undeniable that $24,000 is a no joke money. Unless you are very serious in this kind of business, I suggest that you find other cheaper alternatives.

BUSINESS IS NOT FOR EVERYONE

As you check the claims they make in their website, it seem that it is that easy to run this business. But, this is not always the case. Most especially for those who don’t have any prior knowledge in this type of business.

 

Bottom Line


In my opinion, American Business Systems is not a scam. I think some people can indeed succeed in earning money.  However, because of the concerns and reasons that we have discussed earlier, I am not going to recommend this business. The cost of joining is a very high. The expected profits for most people are very low. There are also much better options than this one. So I leave the final decision in your hands. Good luck and choose wisely.

Pros

  • Great System
  • Helpful Program for Medical Billing

Cons

  • Costly to Start With
  • Not for Everyone

 

Is there other way to Earn at Home?


I know that you want to invest in American Business Systems because you want to start building your own business. I know that you are already tired of not earning that much, so you want to make a move. But let me tell you, this is not the best answer that you can have.

Actually, I was also in the same situation as yours before. I thought that if I spend much money into something, it will immediately give me great earnings in return. But I was wrong. I realized that there is no such thing as easy money. And it is not the amount of investment that dictates your success.

Now, your next question is, how can you really earn money? My best suggestion would be through making an online business. Actually, this is the modern way of earning and you can definitely do this at home. Have you heard of amazon? They make profit from other peoples’ products and they do not need to have their own.

Right now, I am on my eleventh month in this program and continuously follow the training they offer. I am already enjoying the fruits of my labor and hopefully quit my daytime job in the future. So, I want to share my success with you.

Check out my review on the #1 Recommended Work at home business.

If you have more questions and concerns about American Business Systems, feel free to comment it below and I would be glad and happy to interact with you.

Let me hear your experiences on the comments below!

Best Regards,

John Rico

 

6 comments on “What is the American Business Systems? Can You Really Earn From It?

  1. I have tried using the American business system since June 2006 and I have not succeeded due to either being scammed, catch 22s (bad credit, not enough money for down payments, not enough money for miscellaneous costs such as earnest money deposits, etc.), or callous people who are in a position to help others with a hand up, but choose not to extend that help. I’ve been a risk taker, so, that’s how experience has taught me about these barriers to using the business system in America. I’ll definitely take a look at your free suggestion.

    Oh, after looking further, it looks like you’re talking about a specific company with this name, not the actual American business system. My apologies and my bad. But, this will run me into the catch 22 reasons for a barrier to my success: franchises will require funding, if you do not have tens of thousands on hand to make a business purchase.

    Restrictions on how you get a refund is a big red flag, as my experience has taught me. In very critical situations, I’ve lost $4000 and $3000 that left me on the verge of homelessness, first, and than eventually left me in a deteriorated financial state to where I lack funding for any fast ways to get me from stuck under this now 6 year rut, since that $3000 loss; I got a miracle from God for that $3000, but, it just vanished on a scam offering great promises with refund restrictions.

    Another problem I see with this program is further marketing costs which could be preclusive, but necessary to even test whether this program would work. Wow, that cost is extremely preclusive to join, with additional, preclusive marketing costs waiting, where funding possibilities would be close to non-existent, if you didn’t have that type of money on hand to essentially test the waters. The people with that much cash on hand are already likely to know what they’re doing without a program such as this one.

    And trying to sell your license goes into the preclusive marketing costs, after somehow coming up with this money to start with this program; sounds like one of those things where they get you money, but leave you high and dry in critical places, like a location for a good buyer’s list, for example; they may be selfishly protecting a Rolodex, even though they took all of this money from you; trust me, I come across these types quite often and have unsuccessfully risked money, hoping for that grand escape.

    • I appreciate that you shared your personal experience about franchise businesses. This kind of business, if not done right can be risky. So you have to have knowledge and experience on dealing it.

  2. I didn’t find this helpful at all. There were no facts only your opinions with nothing backing them up.
    Whoever would think that starting a business is an overnight success? It takes a lot of hard work and effort to build any clientele in any field.
    Thanks for sharing your opinions…..

    • I appreciate your comment, but all of the information in here are based on what I researched from their website. Nevertheless, If you have suggestions or corrections feel free to comment in here so I can make changed in it. Good day!

      • Starting with this false statement “American Business Systems is a company that promotes franchise business that solely revolves in medical billing field” discredits you. Sorry. ABS is not a franchisor. This is not a franchise business opportunity. And if you did a little more research, you’d know that there’s a pretty big company (that begins with A and is a fruit) behind the developer of the platform, which isn’t ABS. Compared to the cost of buying a franchise, that also includes paying the franchisor a % of revenue, the cost for a license with ABS is cheap and there’s no recurring fee owed to ABS. There are people making very good money in ABS. But like ANY business and life – the 80/20 rule exists. If people aren’t honest with their own strengths, weaknesses, experience and qualities – they shouldn’t by going into business for themselves. The industry ABS services is recession proof. The software platform and support they offer is worlclass. Like anything else, it comes down to the individual.

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