Getting your first client means you’ll have someone who can back your claims of offering high-quality and cost-effective services. Let me clear, my tips on how to start a bookkeeping business and getting bookkeeping clients isn’t built around generic marketing principles, this is something I ACTUALLY did. I grew, along with my old best friend, a million dollar “outsourced accountant” firm in less than 2 years, and it grew much further after that. The problem was, my partners pulled some shenanigans and cheated me, so I left.

Once you get a few clients, you can use those skills to help track transactions. That way, you won’t have to correct your mistakes, and you can make sure your clients can view their financial records easily. In either case, you should be good with computers and a quick learner. Then, you can learn how to use different bookkeeping programs. Enroll in ongoing education and training courses to expand your skillset and stay current on industry trends.

Obtain the Right Software and Technology

This book will show you all the inside secrets that only experienced freelance bookkeepers know. In a world where computers are obsolete within a few weeks after you purchase them, it’s tough to stay on top of new trends and changes in the industry. Your first few clients will always be from your friends and family. To do that, there’s no better way than attending local networking events.

• Even if you work from home, you want to keep your home info separate from the business.
• I find writing in the first person is helpful and more personable rather than writing in the third person.
• Bookkeeping appears in the top 25 on the list of best business jobs available.
• You can grow your list through your website and create simple campaigns to start.
• It doesn’t look like qbo has much so if you have any pointers on what questions I should be asking, I would love to hear about it.
• When you own a bookkeeping franchise, you also need to be good at organizing things.
• Business insurance will protect you from claims against your business, but you need the correct types of insurance policies.

You could offer, say, “silver,” “gold,” and “platinum” plans, with the “silver” plan offering only the most basic bookkeeping services and the “platinum” plan offering many more services. That way, your customers could choose a plan based on their business size, bookkeeping budget, and needs. However, you can expand to cover accounts receivable how to start a bookkeeping business and accounts payable to help clients pay bills and receive payment on time. You can also offer monthly reports of a client’s financial records to help them understand how their business is doing. To protect yourself in the unlikely event of a legal claim against your business, consider getting peace of mind through business insurance policies.

What’s the difference between a bookkeeper and an accountant?

The content you add to your website can also get used in other marketing opportunities. You want to protect your business from possible https://www.bookstime.com/articles/remote-bookkeeping-service legal issues in a financial career. This means it’s a good idea to incorporate your business to protect your personal assets.

• Even if you plan to start a bookkeeping business from home, you will have to market yourself.
• Attending local events would be fruitful in making new connections and acquiring new clients.
• Remember that the amount that you charge should be contingent on your years of experience, specialization in industries, certifications you carry and your area.
• After potential clients contact you, you’ll schedule a meeting for your initial consultation, aka discovery call.
• Ensure that you provide a brief background of what you did at the company as well.

Many community colleges also offer programs designed to help you get formally certified. The more you can find out about what your future customers are looking for, the better you’ll be able to serve them, and the less time you’ll waste getting your business up to speed. Bookkeepers handle sensitive data for their clients, and an error on your part could be costly.

Join a Professional Bookkeeper Association

This means looking at assets, liabilities, equity, and profit, and figuring out what they mean for the business in question. If you’ve got a knack for numbers and a good head for organization, starting a bookkeeping business might just be the right choice for you. All businesses need to keep bookkeeping records by law, and someone has to do that work for them. You also want to look into attending industry events to network and market your services.

If you start a BooXkeeping franchise, you can also network with other bookkeepers. You can learn from the team of bookkeepers, so you can grow your business and get the support you need. Even one page can be enough to lay out your plan for how to start and grow your bookkeeping business. A few groups of people should learn how to start a bookkeeping business. While anyone can do it, bookkeeping is an excellent choice for current students. You can work while you’re in college, and you can build your business so that it can support you when you graduate.

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This is crucial for taxes as well as personal liability protection. For virtual bookkeeping companies, your focus should be on online advertising. Most virtual bookkeeping firms start with the owner as the sole employee. But as your business grows, you’ll need more team members to support your clients. Every company needs to manage their finances, but you may want to narrow down your clientele to a specific audience.