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How to Make a Good Living Running Your Own Business: A low-cost way to start a business you can live off by Robin Bennett

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Appendix: A Model Company

In which we see an example of a start-up company that, in a very simple fashion, earns you £50,000 by the end of year one, and £100,000-plus by the end of year two

WE ARE GOING to establish a hypothetical recruitment company that specialises in supplying trained technical writers to blue-chip firms.

The USP of the company is that it takes only 10% of first salary (usually the figure is closer to about 15-20%) and that it will initially tailor its services purely towards supplying the automotive industry. Just so as nobody is in any doubt, we will call it Automotive Copywrite Ltd.

The benefit of a recruitment consultancy supplying only full-time staff is that the overheads are very low. It’s my favourite kind of ...

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