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WANT TO CREATE A PROFITABLE SIDE HUSTLE?

CONSIDER AN ACCOUNTING BUSINESS!  WITHOUT ALL THE WORK, KEEP READING

INC Magazine: The 15 Most Profitable Industries to Start a Business

Want to start a new business? Here are some ideas for which industries to consider.

Here are the 15 most profitable industries, ranked by net profit margin:

1. Accounting, tax prep, bookkeeping, payroll services: 18.3%
2. Legal services: 17.4%
3. Lessors of real estate: 17.4%
4. Outpatient care centers: 15.9%
5. Offices of real estate agents and brokers: 14.8%
6. Offices of other health practitioners: 14.2%
7. Offices of dentists: 14.1%
8. Specialized design services: 12.8%
9. Automotive equipment rental and leasing: 12.5%
10. Activities related to real estate: 12.3%
11. Warehouse and storage: 11.6%
12. Offices of physicians: 11.5%
13. Nonmetallic mineral mining and quarrying: 11.2%
14. Medical and diagnostic laboratories: 11.1%
15. Other schools and instruction: 10.5%

Accounting Services Stats:

Approx. 32 Million Small Businesses in the US

Approx. 5 Million Startup Each Year

$72/hr- Average Independent Accountant Hourly Rate

$100K- How Much an Average Bookkeeping Business Makes

License Required- Likely None But Depends On Location

Capital Outlay- Practically None!

Marketing Budget- Low- Easy to Market- In High Demand

Part Time Gig to Full Business Opportunity- Definitely

Work from Anywhere Opportunity- Just Need Internet and a Phone

Sales Skills-  Not Required- In High Demand

Training Required- Tips for finding and nurturing clients

Insurance Requirements- None

Other Industry Stats:

MLMs- Less than 1% are successful

Day Trading- Less than 1% are successful

E-Commerce- 90% failure rate

Ride-share/Delivery- Time intensive, low profit considering all costs, no work from home opportunity

Ideal for those that want to;

• Ditch their 9-5 job
• Stay at home parent wanting to work on their terms
• Retired or semi-retired and need to supplemental income
• Want more out of life

So why wouldn’t everyone start an accounting business?

There is a ceiling.  There are only so many hours in a day! So your income capacity also has a ceiling

What if you could manage a LARGE accounting business by SUBSTANTIALLY INCREASING your capacity?

What if all you were responsible for was MAINTAINING A RELATIONSHIP with clients and ASSISTING WITH OBTAINING NEEDED INFORMATION?

How many clients could you maintain, then?   HUNDREDS?

You’re CAPACITY WOULD BE SIGNIFICANTLY INCREASED!     

SO WHAT ARE WE OFFERING?   

• Training & Masterminds on how to find all the clients you want
• You offer a non-cyclical accounting service to businesses
• We do practically all the work
• Your just responsible for finding and maintaining the relationship
• You share in the revenue