How Can I start A Typing Service and Make Money?
I want to start my own typing/word processing service, but need some tips on the best rates to charge for, say, one A4 typed letter etc. Also, can I really make money with a home typing service? I live in the UK, but could I also attract foreign businesses and clients? What is the best way to get customers?
Question answered by John H
Being able to provide a service is one thing, letting people know about your service, what makes it unique and why they need to deal with you is a totally different picture.
Do you do dictation? There are a number of sites that will pay you to type up transcripts for busy professionals. These services normally pay $10-15 USD/hour of audio. You can do a yahoo search to find companies, perhaps, "dictation services wanted", or you can contact local companies that might need this support, lawyers, doctors, etc.
Small businesses are probably your best bet, as they don't have the time to do the letter setting as much and can use an assistant, but don't want to pay someone full time.
If you'd like to discuss this more, I work with a number of small businesses on ways to promote themselves without spending too much money up front. Feel free to send me your contact information.
How do you determine net income?
I start up a wp company with $5000. I pay $450 in rent, $300 cash for office supplies & $50 for phone usage. I purchase $800 in resume paper. In the 1st month of business I sell $1800 in word processing services, using $200 worth of resume paper.
What is my net income for the month?
What is the total of my expenses?
What are my total assets?
What is my revenue for the month?
Question answered by Carla
It depends on what accounting system you are using. If you are using a cash basis, you claim the expense when you pay for it and the net income would be your revenue minus your expense.
On a cash basis, your net income would be $200, $1,800 in revenue less $1,600 in expenses.
If you using the accrual basis, there really isn't enough information to tell you what your net income is. Revenue is recorded when it is earned, not when it is received. Under an accrual accounting system, the $800 paper purchase would go in as an asset, and then as you use the paper it would be written off as an expense. and this doesn't include any labor expenses.
Just on the information you have given, under an accrual accounting system:
Net Income: $800
Assets: Cash on Hand: $5,200 (start up cash plus net cash flow)
Paper stock: $600
It would be a good idea to find a bookkeeper or a CPA to set up an accounting system for you. All of this can be automatically generated from any accounting program (Quickbooks, Quicken, MS Money, etc) if it is set up properly.
What can I charge for secretarial and business support service?
I will be offering word processing, payroll service, comercial tax preparation and also general office organization for small businesses.
Question answered by Charlie on the T
Nothing! If they want a secretary they'll get one!
How can I start my word processing business?
1. Which documents should I type?
2. How much should I charge for each one?
3. What should I name my word processing business?
Question answered by officetob
I had to look this one up. People are coming with new avenues to work from home all the time and I hadn't come across this one before.
I would not start a word processing business. The sites that advertise for assistance with word processing businesses claim that your clients will consist of college students, lawyers, all sorts of business people and the like. College students, unless things have changed dramatically since I went to college, don't have the extra money to have people type up their papers. Lawyers do, but they also have assistants, as do most business people who still write down their notes and letters. Laptops and the abundance of work done on personal computers have killed off your industry.
But there are some similar businesses that are doing very well. Medical billing is huge money right now.
Overseas english teaching classes (via correspondence) is also growing.
Customer Service is getting outsourced more and more to the at home worker.
I'm not saying that you can't start a word processing business, but I would say that the odds of success are strongly against you. I would recommend another venture.
What Apple operating system would be best for a Intel Pentium 2, 350 desktop?
I have a old custom build desktop that originally ran Windows 98+. It got corrupted and I lost the operating system. I have since gone to a Apple laptop and another Windows desktop. I would like to get the old one back in service with a Apple operating system. It would be a lite user- e-mail, lite word processing, etc. However, I don't know what version would be best for this application. Does anyone have any suggestions?
Question answered by Jared
Apple doesn't really make an operating system. They have modified a version of BSD for their specific hardware and such. A Pentium 2 will be difficult to run with any OS today, but is definitely could give the following to a try:
They are very lightweight, and should be able to do what you plan on doing with the old computer.
Who can help me with answering selection criteria?
If anyone can help me or give me some really good tips on writing selection criteria I will love you forever.
These are the questions that I have to answer:
Knowledge and understandings of financial processes and procedures, including the handling of debtors, creditors, reconcilliations, and/or preparing financial returns.
Experience in providing effective administrative support.
Demonstrated experience in the application of customer service principles and practices.
Ability in using computers and a range of application software packages, particularly databases, spreadsheets and word processing.
Good verbal and written communication skills.
Effective planning and organisational skills.
You have to demonstrate where you have done each one... In paragraph form.
Question answered by Lynn
these arent questions
How do I start a tutoring school and workers training school?
A few friends and I want to start up a tutoring school for test preparation and homework help (K-12) and an a training school for adults? (workers training school will give adults basic work skills like word processing.) What type of business license do I need to start up such a school? We plan to rent out a entire floor of a building to start this program. We just want to help the community and any tuition will basically just go toward administrative costs and rent.
Location: New York City
Question answered by lucy lou
Before you put money into this. You need to do some research. does the govt already provide this service for free? Is there a demand for it? there are Alto of unemployed people but usually the govt will provide training for them. What qualifications do you all have?
How do I make this an active webpage?
I am trying to start an internet business. I just created my website in my word processing tools, and saved it as html. How do I know make it active? What are the steps? Thanks!
Alexander the Taint
Question answered by just "JR"
As to build an Internet Business, you have a very, very long way to go!
Designing a site on a word processing tool is the first error you made: it may look ok on your screen, but once uploaded to your server, it will simply crash on the majority of browsers...
So, before you go too far:
Google this site and serach for the question that has been asked one or two million times here: "How do I make a website".
Get a domain, get a server (advice: LAMP/Unix, Apache, Php, mysql, less than 100$/year).
Then, seriously, think of using the service of a good developer (and be prepared to spend 1-2000$: you will have offers for a few quids or bucks, but anything below 1000$ WILL NOT result in the launch of your business...)
How can should I expect to pay for a virtual assistant?
I am interested in a virtual assistant to help me keep up with appointments, mail holiday cards, make phone calls if needed, send e-mail reminders, light word processing, possibly a little editing.
How are the rates determined? Are they paid hourly, or per task?
Question answered by Sheepish
I was actually a virtual medical transcription assistant for 6 years in the 1990's... Then I started at $12. per hour raised to $15.. Dr's could leave notes by telephone and they were recorded on a Lanier micro tape, I picked them up in my office and transcribed them, then delivered them to the office once or twice a week. I also did billing. That was quite a bit for those years, however the Dr. did not have to buy the equipment nor provide office space or pay for my parking in a Seattle high rise office building, which was considerable. They paid no benefits either. There are a lot of savings on the businesses side and the wage should be somewhat higher per hour due to the sacrifices and expenses covered by the Virtual Office Assistant. This is one example, check some sites that provide the service. My blog has other info at www.squidoo.com/virtualofficeassistant see other articles
hope this is of assistance,
Where are the cost effective (cheaper than a PC), graphical, diskless network appliances/X terminals?
As I am looking to build or buy a new home, I started planning a home computing system for the house from scratch. What I have in my head is some beefy server and cheap workstations (graphical diskless thin-clients) throughout the house. I have read some up on the Linux Terminal Server Project and envisioned an amazing system possibly involving intercom (VoIP), home chat, controlled web access (I have kids), Myth TV, word processing, presentation and central fax & print. The software seems to be there for the right price. The hardware is another story. I have not been able to put together this architecture cheaper than just buying and networking full fledged Windows systems for each room. Isn't there supposed to be a cost savings with this architecture? Am I after a 2001 dream that everyone else knows has already failed? I am tired of spyware and viruses and updating multiple systems with various patches. Is it going to cost more for less?
Question answered by kyrrian
This is a tough one. I know what you mean about wanting one central point for updates, and your VoIP dream can be realized no matter which platform you pick.
The cost savings for the thin client scenario I think was meant to be realized in ease of deployment, management and service. In your case, it's neither difficult to deploy, nor manage, nor service your PCs, since you are where the machines are and you don't have another location to support remotely.
It's easy to ship another Thin Client overnight to anywhere and have it up and running in no time. Or a spare can simply be kept on site and plugged in when another fails.
I've worked where thin clients were deployed, and my opinion is that they're a lot more trouble than they're worth for home use. Now, that's partly because they began to use the browser IN the thin client instead of JUST the remote desktop feature, so the performance was dismal.
They repurposed the terminals in a way that they weren't designed to be fast since many of the modern web controls run on the client side. The built-in browser was miserably slow, and everyone hated the setup.
Had they stuck with just Citrix ICA or MS RDP, I think the experience would have been far more robust as expected. If you can be firm and only use them as remote displays as they were meant to be, you might also have the good experience.
The licensing, as you mentioned, can be a little expensive. Although if you use Microsoft Small Business Server, you can kill some of the licensing costs and probably come out ahead overall.
Unfortunately, I haven't read up on the Linux TS project, so I'm not sure what that client and server system would entail.
What I do know is that if your kids are using computers at school for assignments or get homework, they will likely be working on Windows systems there. MS makes it cheap and easy for students and schools to have and use their products.
If you want them to have a more seamless experience at home, it's going to mean using Windows in some flavor. But if you do it at the SBS, that's a win. It's also unlikely that games or learning tools on their favorite web sites will work outside of MS Internet Explorer, just because when games are developed, they do it for the largest common denominator, and that's Windows with MSIE.
The one big thing I would caution on is peripherals... Will you have a way to use iTunes through remote desktop? Where does the Pod plug in? Mobile MP3 devices, CDROMs, DVDs. flash drives, cameras, scanners? Your kids have a game that requires the CD to play (nearly all games require the CD to play)? Someone's going to have to run to the big beefy server every time and swap discs. That's your blessing and your curse with a dumb terminal - all you get is redirected display, keyboard and mouse. No PnP.
That said, the Wyse S10 Thin Client looks like a good fit if you can live with the limitations.
It's priced under $300 and comes with Windows CE that supports RDP up to version 5.5.
Windows Small Business Server is around $500-$600 with 5 clients included.
You might find a used server with the SBS bundled for less if you're into bargain shopping.
I can't imagine that you'll find solid Windows desktop computers for $300 if you mean to license them legally.
I think the cost savings is there, overall, even if you decide to use Windows server and thin clients. But there's a huge tradeoff in usability when you go down that road.
One thing that can save some time if you decide to use regular Windows XP machines instead of thin clients is "cloning" software. Get 5 machines the same, build it right once, get it all patched up and happy, then clone it. Save the entire hard disk to an image file so that if you ever need to fix up a virus or spyware infested machine, you just pop in a DVD with the cloned image and forget it. You have a new machine in 10 minutes. Makes troubleshooting a moot point.
But then you have to be diligent about saving unique documents and files OFF the machine on CDs or some other media or server. One way to do this would be to redirect all the My Documents folders to a cheap RAID NAS and keeping all the files there.
It's a lot to think about. I don't envy your situation. Good luck!