Organize yourself properly decide how much money it’s going to take for you to feel comfortably wealthy, and the reach it with your own Telephone Answering Service.

Our research has turned up hundreds of husband and wife entrepreneurs who, beginning with just a couple of thousand dollars in borrowed funds, and a lot of ambition are grossing $250,000 or more after a couple of years in business.

The demand for telephone answering services is growing!!! The advent of electronic answering devices in not even beginning to slow this demand! A great many people are completely “turned off” by the frustration of expecting to talk with a “live person,” and having to listen to a recording that advises the caller to leave a message at the sound of the tone. Exasperation of this kind can sometimes cost a business person thousands of dollars in lost profit. Realizing this, today’s successful business person wants the personal touch of a friendly, professional “secretary” answering their phones for them.

The professional answering service operator can pass along the proper messages to the different callers, take messages, get clarifications and even set up meetings with special customers. In many instances, businessmen come to thick of the operators at their telephone answering service as vital to their success, and often reward them them with special favors or bonuses when a particularly lucrative deal is closed because of courteous and efficient service by the people at the answering service.

To get started properly, you’ll need an initial investment of about $10,000 for equipment and facilities, plus working capital. In the beginning, with a 2 person operation, you can have your operator selling by phone while you make in-person sales calls.
You might also want to add a couple of “hungry” commission sales people to help line up a good list of accounts as fast as possible. These efforts will take planning and coordination because you won’t want two different sales people calling on the same prospect.

You can begin operating out of a spare bedroom or your garage–you’ll need a leased switchboard from the telephone company–with plans to move your operation into more formal quarters at a later date. However, it’s quite expensive and time-consuming to have a switchboard moved once it’s been installed.

Many operations begin in a small 200 to 300 square feet economy office location, and as their growth warrants, open a second location with space for eventual expansion to include 3 or more switchboards. Our research has found that you’ll need an average of 85 regular customers per switchboard in order to realize a minimum profit after expenses.

Just about anyone with a business card will be a good prospect for your services. People working out of their homes are a very good prospects, especially those holding down regular jobs while moonlighting with a part-time businesses of their own. Every salesmen is a prospect, people who work on a 24 hour “on-call” basis, repair service business owners such as plumers, electricians, locksmiths, and auto mechanics…There are other kinds of services that will be interested too, such as ambulance companies, towing services, volunteer fire departments, survey organizations, and customer complaint departments of virtually every business in your area..By all means don’t forget the doctors, dentists and other professionals!

Related post with How to Start a Telephone Answering Service

How to Start a Telephone Answering Service (part 1)
How to Start a Telephone Answering Service: Switchboard
How to Start a Telephone Answering Service: Setting up Facilities
How to Start a Telephone Answering Service: The traditional Telephone Company Switchboard
How to Start a Telephone Answering Service: Maintaining Basic Customer Information
How to Start a Telephone Answering Service: Qualifications to Look for in an Operator