Assets International isn’t just about doing more work. The Southfield-based firm is about taking on the most profitable work it can do.
"We're just a little bit more picky about the work we’re doing," says Michael Zwick, president of
Assets International. "Let's be a leaner, stronger company."
The 14-year-old company got its start helping regular people find and claim property that rightly belongs to them, such as inheritances. It has recently expanded into the oil-and-gas industry, helping property owners capture idle royalties from oil drilling and exploration. Assets International has only been doing that for a few years but today that line of work now makes up 25 percent of its bottom line, and that percentage is growing.
"There is a lot of money that is sitting there waiting for people to claim it," Zwick says.
Assets International currently employs 17 people. It has hired two people (a paralegal and office administrator) over the last year. That staff is also working to help create more revenue streams, such as helping corporations find money owed to them and create efficiencies in their workplace.
Source: Michael Zwick, president of Assets International
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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