In a recent posting to CPATrendlines it was noted that accounting firms top the list in profit margins. According to data gathered from Sageworks, “Accounting firms have been earning 13.61% in pre-tax net profit margins over the last 12 months, …bested only by dentists and some financial institutions.” The future is bright for accounting professionals.
This data demonstrates that regardless of the flailing economy, accounting practices are still thriving. Have you considered launching a practice of you own working as a contract accountant?
Becoming a Contract Accountant
Contract accountant, freelance accountant, self-employed bookkeeper. They’re all basically the same thing. When you do contract work, you are in business for yourself, working for clients who can choose to employ your services long-term or temporarily.
And working from home as a contract accountant has never been more appealing, especially when you can earn, on average, $300 per client, per month. Once you secure just 20 clients, you can be making $6000 per month; that’s $72,000 a year!
But that’s not the only perk in working from home. Many contract accountants enjoy the following:
- The opportunity to offer a service in high demand
- A flexible work schedule
- An enhanced standard of living
- A satisfying occupation
- The ability to call the shots
- A low-expense business
If you’re not already in business for yourself, now is the time to launch your own practice.
The Universal Practice Builder Program
You may be surprised to learn that most financial providers struggle, not because they don’t offer quality services, but because they don’t know how to effectively market those services. For over 30 years Universal Accounting Center has trained financial professionals like you in small-business accounting.
In all our years working with accountants, bookkeepers and tax preparers we’ve come to understand how to best market those services. We help you apply strategies and approaches that will grow your business to the point where you become so busy you may have to turn clients away – that or consider increasing your staff in order to increase your capacity (and your bottom line!).
Our Universal Practice Builder Program will provide you with 12 marketing strategies that enable you to secure 15 to 25 qualified leaders per month, a guarantee of $30,000 in new annualized billings in only 12 months, three months of master coaching, and access to a proven plan that will help you retain clients. You complete this amazing program on your time and at your own pace.
Not only does the Universal Practice Builder program enable you to do all these things, but it also comes with an iron-glad guarantee promising that if, after completing the course, you feel it did not live up to your expectations, you can return the materials to Universal for a 100% refund. Not many organizations will back their training programs with that type of guarantee.
Take advantage of this marvelous opportunity to launch your own practice and enjoy substantial profit margins of your own in 2012! Call Universal at 1-877-833-7909 to enroll today! Is there a better way to celebrate the New Year than by a launching a lucrative accounting practice?
–. “Accounting Firms Top the List in Profit Margins.” 28 November 2011 CPATrendlines.com