 How To Grow Your Personal Service BusinessPublished Date: 2010-01-30 15:15:19 WorkOnInternet.com
If you have a skill, be it as an accountant, a plumber or a computer programmer, if you want to set up in business you must be confident that you can attract work and administer a business yourself. This can be a daunting task at first, but many find that they have a better gift for winning work and organising their affairs than they have even doing the work itself! These people will see more money to be made by employing technical and support staff to do the day to day work while they strive to bring in new customers and manage the business. Taking the accountant as an example the reasons behind this development can be seen. The successful, dynamic and entrepreneurial person will no doubt have reached a reasonably senior position within the accounting profession by the time he or she feels that working for others is too constraining. A good quality lifestyle will be expected and they will know the sorts of fees that need to be charged to achieve this working for themselves. They will soon realise that their time is too valuable to be spent undertaking administrative work. Their time is better spent doing highly paid skilled work. This results in there being an incentive to employ a secretary. At the same time a lot of the repetitive work could easily be done by someone with less experience and the need for assistants seen. As the enthusiastic business owner builds up the business even further he may begin to realise that more efficiency could be gained if additional staff spent time sharing his duties of winning work and supervising junior staff. Eventually he will have recruited at more senior levels and even invited junior partners to join him in owning the business. It will not be long before the entrepreneur ceases doing any accounting whatsoever and spends all of the time on strategic management such as negotiating mergers and acquisitions of other accounting firms and thus growing the business even more! ------------------------------ Mark Jenner is a Fellow of the Institute of Chartered Accountants in England and Wales, specialising in business matters and fraud. He advises on small business opportunities and working from home. His web site gives free advice and articles on starting a new business => http://www.businessopportunitymarket.com
The website has been upgraded. You are reading the article via the old version of the site, the url for the article is now at http://www.workoninternet.com/article_archive/30219.html Home | Submit Article| Article Topics | Article Archives | Newsletter | Business Directory | Contact US |
