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Your Financials

Explore your financials

There are many financial issues to consider as you launch your professional business. For example, you will need to assess your start-up costs and ongoing costs, forecast your profit and loss figures, and choose a pricing structure.

Costs may include (but are not limited to):

  • Start-up capital
  • Salaries
  • Back office technology
  • Marketing and client support
  • Legal fees
  • Insurance
  • Registration fees
  • Office space and equipment

An appropriate pricing structure may entail billing a fix price or charging an hourly fee. Fees based on performance allow you to tie your compensation to your clients’ benefits.

Wondering what your potential financial benefits may be to go independent?