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Becoming an entrepreneur is the best thing and for the initial start you should select businesses which have low initial investment. This will mean low entry barrier and more competition. Once the business is built you will be able to have more time to differentiate your business and get ahead of your competitors. This warrants more competition however the fact is that it will help you start quick and fast.
One such business is the bookkeeping business which meets the basic criteria of low technical know how as well as requires just an investment in a desktop computer. That said the low entry barrier means that there will be very tough competition and you will have to use all your marketing skills to drum up business.
Enroll yourself in the online bookkeeping classes and that will help you get some good knowledge about the bookkeeping. You do not need an advanced degree however you should be proficient enough to understand the technicalities involved.
The next step is to have the accounting business cards printed and also make sure that you have the business registered with the local chamber of commerce. To gain a few clients you may have to reduce your bookkeeping rates initially. That said there may be some difficulty and it is your persistence that will pay off. You need to gain some head start in marketing so that you can gain good clients.
Once you have few clients then the next logical step is to hire freelance bookkeepers to work the business for you and you should concentrate on getting more business. The bookkeeping business is really volume business. The more the volume the more profits you will make.
One such business is the bookkeeping business which meets the basic criteria of low technical know how as well as requires just an investment in a desktop computer. That said the low entry barrier means that there will be very tough competition and you will have to use all your marketing skills to drum up business.
Enroll yourself in the online bookkeeping classes and that will help you get some good knowledge about the bookkeeping. You do not need an advanced degree however you should be proficient enough to understand the technicalities involved.
The next step is to have the accounting business cards printed and also make sure that you have the business registered with the local chamber of commerce. To gain a few clients you may have to reduce your bookkeeping rates initially. That said there may be some difficulty and it is your persistence that will pay off. You need to gain some head start in marketing so that you can gain good clients.
Once you have few clients then the next logical step is to hire freelance bookkeepers to work the business for you and you should concentrate on getting more business. The bookkeeping business is really volume business. The more the volume the more profits you will make.
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