Constructing and sustaining a robust financial surface is a hard job. This demands a skill set and capability to know the return on investments and have a better knowledge about the company assets and liabilities and all the other necessary items.
Many financiers who have a strong background in finance and knows how the business finances work can provide better productivity. However, the financers need to have the extra-skill set to handle bankruptcy and emergency financial task which every strong and big company's need.
Financial departments and their job roles
Businesses can go bankrupt under one night, or they can be the world's top company to announce double bonuses. It is all in the hands of the financial departments and the people working in these job roles. This is also essential to keep in mind that a finance degree won’t be helpful. But practical experience and critical thinking skills are needed.
If you are a professional and have hands-on experience in finance, you can start your own finance business in the following categories,
1- Create software for financials – for sale purpose
This is the first thing you could do after opening your own financial service provider for more prominent companies. One of the main issues, massive companies face is the live checks service. These are pre-approved loans that are later on mailed to individuals who meet the eligibility set by the loan lender. Big companies often ask financial service providers to provide them with software in which the credit bureaus can assess the list of eligible people. This software could be sold for a reasonable amount, and all the major companies are in desperate need of these types of software. This is a unique service, every financial advisor company provides a payroll service provider. Still, these live checks services are also in high need of some attention.
2- Financial consultation company
The second thing you could do with your experience and expertise in finance is open a financial consulting company and offer various services, this could include,
- Financial investment budgeting
- Live check services
- Business investment advice, and so on.
Every business requires financial experts, and they want critical thinkers and creative solution providers which could save their company financials on the spots. Your company could work with the government or prominent business tycoons. It is up to your choice.
3- Start your financial blog
These are the times when everything has gone digital. People prefer reading blogs apart from reading a newspaper column. Even digital newspaper is available easily for readers now. You could open your own financial blog in which you could provide hints of solutions and services and reach out to a bigger audience. Blogs would help you reach a massive audience around the world. If any business tycoon likes your financial advising, they could reach out to you. This is a freelance but relaxing type of job.
4- Become a tax consultant
Everybody needs to deal with taxes, let it be an over-due or annual tax. Every small and big company needs one. Even all the retail owners, shop owners, or a milk shop owner needs to pay tax. You could open a tax consultancy company, and this could benefit you in every way. You can have a lot of customers waiting for you, and you don't have to promote your services to others.
These were some of the few things that a financial advisor could do, there are various services financers can provide. The world runs on finance, and it is the only thing every individual is working for. A financer with hands-on experience can benefit a lot.
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