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Advisors, Accountants, Lawyers And More

Aug 17, 2007
Advisor? each has an area of insight that the other lacks

When you run a home business, there are all sorts of professionals whose services you need. They are often indispensable, saving you two or three times what they cost. But what do you need, and how do you know who to choose?

A Home based business can be extremely rewarding, but please do not going into this thinking that it will be cake walk because I guarantee you,that cake is the only thing you will be able to afford.

The best people to hire are people who you've heard about by word of mouth. Failing that, you should spend as much time as you can afford comparing people and services before you make up your mind. Don't worry, it's not all wasted time: the way you go about comparing others' services this might give you a few insights into how to improve your own marketing.

I find that the best way to do it is to narrow the people you're considering down to a shortlist, and then do as much research about them as you possibly can. Seek out their clients and their premises, find out how long they've been in business for and who the business is owned by -- make sure there's nothing you're uncomfortable with.

Whenever you're dealing with the law, you really shouldn't try to go it alone -- and when you're running a home business, you'll be hitting up against the law quite often. It's important to build a good working relationship with a lawyer in your area, so that you have them available both for day-to-day things and for emergencies.

Accountants are mostly useful for saving on tax, but you will find that tax is a big business expense, at least if you do it wrongly. Accountants know the tax laws inside out, and will be able to point out all the savings you might be entitled to without even realising it, as well as the best ways to do things like taking money out of the business without paying a ton of tax.

You may wish to contact a business advisor if there's anything you're still unsure about when it comes to running your business -- they can be affordable yet very helpful. They are also very useful people to be able to contact in a crisis.

If you're trying to manage a lot of debt, you might want to get a financial advisor. They can help you structure your business so that it pays debt off quickly while still leaving you enough to live on, as well as suggesting ways to get debt repayments down. Quite apart from the practical elements of this, it can be a big relief to know that there's a plan and your debts are being dealt with.

Your success will depend on the quality of the people you take. Please don't be afraid to ask for help.

Philippians 4:13. I can do all things through Christ who strengthens me.

The road to success is not straight. There is a curve called Failure, a loop called Confusion, speed bumps called Friends, red lights called Enemies, caution lights called Family. You will have flats called Jobs. But, if you have a spare called Determination, an engine called Perseverance, insurance called Faith, a driver called Jesus, you will make it to a place called Success. Pass it on to ten people whom you want to see blessed.
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