How to Become Successful in the field of Financial Consultants

Written by Randy Wilson

Continued from page 1

You can offer your investment consultant services on a commission-only basis, fee-only basis, fee plus commission basis, or fee-offset basis. Of these three methods, onlyrepparttar fee-only method does not require parternering with insurance companies and securities broker/dealers, or obtaining extra licenses. A fee-only consultant creates a financial plan forrepparttar 145157 client, butrepparttar 145158 client is responsible for implementation ofrepparttar 145159 plan. A fee-only consultant usually has a per hour fee or project fee.

Each of these methods of compensation has a good and bad side. You must considerrepparttar 145160 type of financial consultant business you want, and then chooserepparttar 145161 method that is appropriate for you. You can always change methods, but that can be tricky.

If you decide to go with on ofrepparttar 145162 methods, other than fee-only, you will need to find your partners. It is best to partner with as many insurance companies and broker/dealers as possible. This will give your better tools and more options to work with for your clients.

While you are talking to companies, you should also talk with lawyers, and accountants inrepparttar 145163 field. They cannot only refer clients to you, but may be willing to work on projects with you for your clients. This is part ofrepparttar 145164 networking you will need to do to succeed.

You need to invest for insurance for your investment consultant company as well. It protects you and your clients. This is a necessary part ofrepparttar 145165 business. Shouldrepparttar 145166 unimaginable happen, you will be protected.

Clients will probably not fall in front of you when you first start. To gain experience and clients, offer your finance consultant services for a small fee, or even free, to friends and family. Ask them if you can use them as references. This will not just help your business, but it may help them too.

Once you have become a financial consultant, you will need to retain your certifications with continuing education in financial planning. Loot at web sites and books, they will keep you informed of industry trends, as will industry magazines. Stay affiliated with organizations atrepparttar 145167 national, State and local level. Your business is reliant on personal ability and honesty. Stay focused on this and you are bound to succeed.

© Copyright Randy Wilson, All Rights Reserved.

Randy has dozens more home based business articles such as Easy Start Home Businesses and Earthworm Growing Business.

Easy Start Home Businesses 101

Written by Randy Wilson

Continued from page 1

Crafts and hobbies are also good things to think about when searching for easy start home businesses. Demand for handcrafted items is at an all-time high—and at premium prices.

So turn your quilts, your sailboats in bottles, your dollhouses, your embroidery, your taxidermy, anything you love to make into dollars. These are also especially easy home start businesses because you likely already have some items to sell andrepparttar supplies you need to make more.

Local flea markets and consignment shops are good places to begin selling your items. You can also try your luck selling them at online auctions. Upscale shops are another great place to sell your work. Buyers for these stores are always onrepparttar 145156 lookout for originals and true handcrafted items—and they are willing to pay top dollar for them.

If you have office skills and a computer, then you truly have an easy start home business you could start tonight! Outsourcing isrepparttar 145157 latest trend for corporations and small businesses. Virtual assistants, typists, medical transcriptionists, office managers, researchers and many other types of office jobs are all in huge demand, and all by telecommute.

Just go online and you’ll find more easy start home business opportunities in this area than you can shake a stick at, asrepparttar 145158 old saying goes. You should never sign up to provide a service with anyone who charges you forrepparttar 145159 opportunity, though. Asking for money to give you a job is a pretty good sign of a scam.

There are, however, job and outsourcing sites that charge a subscription fee. These sites post high-quality projects and allow people bid on them. These services are highly reliable and well worthrepparttar 145160 subscription investment—and all easy start home businesses. If you’re in doubt, however, check withrepparttar 145161 Better Business Bureau. Better safe than sorry!

© Copyright Randy Wilson, All Rights Reserved.

Randy has dozens more home based business articles such as Ebay Money Making Opportunities and Earthworm Growing Business.

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