Secretarial Skills - a Great Business Opportunity

A Home Business Article Contributed by Charan Singh

Secretarial Skills As Business Opportunity

A person with secretarial skills may be hired by various businesses for recording and maintaining business transactions, which can be a great business opportunity for such persons. Many small businessmen do not have time for routine administrative and secretarial functions, nor can they afford to recruit personnel for these functions. Health care industry, particularly the busy doctors, because of paucity of time require the services of secretarial service provider for their business. There comes the opportunity for business for secretarial service provider.

Performance Requirements in This Business Opportunity

As a secretarial service provider, you may be asked to perform some or all administrative services for a business. Self-employed entrepreneurs, physicians, grocery stores, travel agencies, and many other small companies and business houses could provide you business opportunity.

Some of the typical functions of a secretarial service provider are recording, preparing, keeping record of insurance files, invoices, trade bills, travel plans, databases, personnel and administrative functions, and many more Secretarial service providers offer simplified and systemic information on common administrative functions of small business ventures.

Skills Needed for the Conversion of a Business Opportunity into Success

An opportunity is best converted into a business if you possess the specialized skills, the nature and needed degree of specialization of which vary from client to client.

You should be good hand at type writing and managing word processing. You should have skills to organize the secretarial tasks well, for which you have to be efficient in the fields of book-keeping. All these skills will help you in handling different clients and different functions in efficient ways and on time, affording no opportunity to your clients for missing their deadlines, thus raising the chances of your business opportunity to flourish excellently.

Equipment Needed and Your Costs to Capitalize Business Opportunity

Equipment : Latest computer and printer equipment, telephone, and fax to have access to varied and extended market.

Costs: Any amount between $1,500 to $2,000 for above items.

Capturing Clientele for Your Business

It is advisable to start with distribution of business cards and flyers, and direct contact with businesses. Once you get the job, you should stick to deadlines of the clients, because a satisfied client spreads your message by word of mouth.

Websites and Yellow Pages, other trade and business directories, and contact with your current customers are helpful advertisement media.

How Much a Secretarial Services Business Opportunity Will Pay You Back

In any business, there are no universal rules on quantum of earning. It depends on the volume and nature of work allotted to you, and your efficiency in working according to contracted terms and conditions. It also depends on the demand generated in the market for your services and products. A secretarial service provider could price his services for any amount ranging from $15-$45 per hour hour. According to this conservative estimates, your annual earnings could be between $20,000 to $75,000 depending on the number of hours you put in one full year's time.