Thread by @ronaldnzimora

Let do a short business threads.

This time I am talking to you accountants. If you are an accountant, can keep books and the likes, and you don't have a job yet or you want to earn side income, set up a small consulting business on the side.

here's how.

So there are hundreds of small businesses who can't afford the big accounting companies. And these businesses sorely need the services of an accountant.

Why don;t they hire one? Because

1. Many don't even know they need one

2. Many don't want to hire an extra staff.

Staff are a pain in the ass to manage.

Anyway, so because of these two chief reasons, they then go ahead to do their books themselves, but the make a mess of it, because they have no idea how to do it right.

They don't understand inflow, outflows, cashflow, gross, net, etc

Because of this their business suffers. They don't file taxes on time, cash runs out, they can't track receivables, etc.

It's a pain, one most don't understand.

Your job here is to set up an outfit and offer this service to them.

Who is your target market? Small businesses...

who do at least =N=500,000 monthly.

How will you reach them?

Facebook, Instagram and LinkedIn (notice I didn't mention Twitter?)

Because majority know but don't deeply even understand how not having this service is hurting them, you cant introduce the problem to them directly

if you do, you will lose them, what you do is, you present it in a roundabout way. You set up a page and write a killer post explaining how business owners doing their own books is costing them money, and why paying an account to do it for them will free their time, make them...

focus and make them more money.

At the end of the article, you invite them to a webinar, Titled it "How To Double Your Productivity, Increase Your Cashflow and Eliminate Your Headaches" or something similar.

At the end of the webinar, you make them an offer to handle their...

books for them.

You host this webinar once a week. And each week, you advertise the post which invites them to go watch the webinar.

So say you get 500 people each week to watch the webinar, data I am privy to says you'll get anywhere between 5%-25% of them to buy your service

So lets go with the least, 5%, that means each week, you'll sign up 25 new businesses. Okay, let me play the devil's advocate here and say you only get 1% to sign up, that's 5 clients per week and 20 each month.

Say you bill them =N=50,000 per month to do their books,do the math

Will you need to learn certain skills to pull this off, you bet! So start now, you have all night everyday, and all your spare time.

Shalom.