Some of the things to think about when getting your business up and running is opening a bank account, registering your business with the state, creating a website, and working on marketing. Kelly has found bookkeeping to be a great business as a mom who needs a ton of flexibility. Like most moms, she sometimes deals with doctors visits, sick kids, dentist appointments, school activities, snow days, and more, and these can be unpredictable. Kelly had always been an employee in the past, so having the confidence to start her own business was her biggest obstacle. Although she already knew she had the discipline to work independently, she was nervous about having to find clients and sell her services. She runs Bookkeeping Services US. Kelly started her bookkeping business when her previous work at home job ended.
It has a score of 4.5 out of 5 stars based on 322 reviews. The second, Intuit Bookkeeping Professional Certificate, is a bit more technical and has a score of 4.4 out of 5 stars based on 369 reviews. Both are free to enroll in, making them a great free way to gain exposure to bookkeeping.
Help! I Want To Start A Virtual Bookkeeping Business But Need Step By Step Guidance
There are some tough times, and there are some great times. There is a lot of hard work that goes into running your own business. I’ve worked with freelancers in the past for different projects, and it’s always best to work with someone who listens to directions, asks questions, meets deadlines, and communicates well.
- My best recommendation is to read the industry and decide accordingly.
- Processing payments to vendors/suppliers and invoicing customers/clients.
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- I’m curious to know if you made the change to onpay and if you like it?
- This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research.
Online bookkeeping courses allow you to learn the business on your own timeline. Even if you have no formal education, you can get a bookkeeping certification online to present to future clients and employers.
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If you want to master these kinds of questions, I really like a book called Spin Selling. how to start a bookkeeping business Now you need to find new clients with a simple, repeatable sales process.
- Another popular option is Xero, but there are plenty of bookkeeping apps to choose from.
- However, I’m sure you really want to know how much you can make when doing this sort of work.
- And unless you go all the way through you still don’t end up with the credentials that actually equip you to do your job.
- Bookkeepers are the people who keep track of all of that.
- It could be a challenge to land your first client without much experience or any references.
- A simple certificate will suffice, and most local colleges offer these.
- Discuss your experience and what you can do to help your clients business.
Talk to your local Department of Commerce and Department of Licensing to receive the forms that you need to establish your business and to learn if you need a license to do bookkeeping. In the book keeping industry there might not be a need for intellectual property except in the area of trainings, company logos and brands. You are responsible for staying current with your bookkeeping skills, staying ahead of the competition as well as building a successful company.
Set up your business
Bookkeeping Basics takes about 16 hours to complete, and the Intuit Bookkeeping Professional Certificate takes about 4 months to complete at the suggested pace of 4 hours per week. Look for internships or on-the-job opportunities to gain experience while you’re in training. Getting a unique phone number for your business is incredibly easy and often free.
If you’re starting a side hustle, one of the most common pieces of advice you’ll get is to set up an LLC. Short for “limited liability company”, an LLC is a distinct legal entity formed at a state level, under the laws governing in the state it was formed.