Frequently Asked Questions (FAQ's)

Table of Contents

1. Why should I consider starting a small business consulting/coaching service?
2. Do I need consulting/coaching/accounting experience?
3. Is starting my own small business consulting/coaching service difficult?
4. Is it expensive to start my own service?
5. How much can I make?
6. Can a consulting/coaching practice provide tax benefits?
7. What if I only want to work part-time?
8. Why is this seminar given?

Why should I consider starting a small business consulting practice?

There is a great demand for small business consultants who are based on a foundation of financial analysis and business by the numbers. Every business needs to maintain financial records. In the US there are 39.6 million businesses -- 92% have fewer than 20 employees .These businesses can't usually afford on staff expertise in areas other than the core business competency. Their accounting is incomplete or in disarray, and though they know a lot about providing their product or service, they probably know much less about running a business. But with the right approach, you can show them how to maximize their profits, optimize their cash flow, and build wealth as a business owner. With low startup and overhead costs, and healthy fees, this needed service can be an ongoing source of increasing income for you.

Do I need consulting/coaching/accounting experience?

It doesn't matter if you have had experience in consulting, accounting, or coaching. The seminar information may change your life. With the economy like it is, having your own business is a great way to cash in. By combining your business experience with our proven resources and systems, your success is assured by following our program.

Is it difficult to start my own small business coaching/consulting practice difficult?

It can be simple. Three out of four people want to own their own business one day. Surprisingly, only a handful ever do. Why? Because they don't know how. The purpose of this workshop is to take the mystery out of it and show you how to start a successful business of your own.

Is it expensive to start an accounting and bookkeeping service?

NO. The startup costs are among the lowest of all businesses -- could be less than $100.

How much can I make?

An average client will pay $400/month for 6-8 hours of your valuable time. If you only acquired one new $400 client per month, your annual second year income would be $88,200. Imagine your income if you gained one account per week.

Can having my own consulting business provide tax benefits?

Under the right circumstances, you can deduct part of your home, car, and vacations for income tax purposes. We'll also show you ways to make much of your household expenses become before-tax business expenses.

What if I only want to work part-time?

You can work part-time or full-time, depending upon how many clients you want to attract. You control your hours. You are not tied to a clock, but can work evenings and weekends if you like.

Why is this seminar given?

Universal Accounting Center has assisted and worked with small business consultants and accountants all across the country, since 1979. Universal's training and support has helped thousands start their own consulting services.