As a certified chartered accountant there is a host of business options you can opt for apart from the usual consultancy business. Well these will depend on your personal interests and tastes. However here are few interesting options to look into.
1) You can open a small but rather active online e-filing business for people who have no experience in filing for e-returns. This may take time to pick up but eventually will offer you the convenience to work at your own pace and help clients on a one-to-one basis to build stronger bonds. Which eventually will lead to a pool of loyal customer base.
2) With hoards of chartered accountant aspirants around you can choose to coach them either in a coaching institute or a one-to-one basis. This again will require basic investment and all you have to ensure is that you train the students well to offer them valuable lessons to gear up for entrance exams.
3) You can consider being a tax advisor. For practice you can start by advising your group of friends or family members in business. Gradually build your network and move to bigger businesses. This will allow you to earn money while honing your own skills by keeping track of your client’s success.
To bring your ideas into action you can consider opting for business loan for chartered accountant from leading NBFCs. They offer high value loan amount at affordable interest rate and flexible tenure to eligible applicants. Before applying ensure to have a stable source of income such as a job and healthy credit score of 750+ or more. This will allow lenders to trust you and offer you the preferred amount.
Read More:- Business Opportunity for Chartered Accountants in India
Aman Khanna is an experienced financial advisor who is well known for his ability to foretell the market trends as well as for his financial astuteness. He has an MBA in finance from Toronto University as well as years of experience delivering seminars on sound financial practices and debt management.