Starting A Bookkeeping Business

When you start a bookkeeping business there are a few different approaches you can take.

Starting a bookkeeping business. Small business bookkeepers can provide a range of services from managing accounts receivable accounts payable reconciliation payroll reporting income tax preparation and more. Bookkeepers have an awesome community. This is the great news.

Youll find all the resources you need to get started free through the Xero bookkeeping partner program. To start a bookkeeping business youll need some training a community of other bookkeepers to help you with questions a good computer with strong internet and a few clients. Juliet Aurora is the CEO of AIS Solutions an award-winning bookkeeping firm based in Ontario Canada.

This in turn opens the opportunity for yet another kind of small business startup. When I first started my online bookkeeping services firm I thought things were going to be a lot easier. You also have to set up an office find clients manage your time and deal with countless other small tasks.

She strongly believes that small business is the backbone of the economy and that by helping them succeed she can have the greatest impact on the world around her. There are great tools to work with and there are plenty of people to support you. To be successful independent bookkeepers need to be.

To recap when you start a virtual bookkeeping practice you need to do your initial planning and set that business up properly get the right technology in place train on the bookkeeping software you are going to use and start to grow your technology stack. I also cover all of this in my free webinar that is available OnDemand. Identify what type of accounting services you want to provide and draft a business plan.

Become a Certified Bookkeeper. You can approach your business as a chance to be self-employed and create work for yourself or you can aim to hire employees and eventually create a self-sufficient business. In this method you might use a pen-and-paper ledger or an offline program like Microsoft Excel or Word to record income expenses interest and any of the other cash flow items that appear in a financial report.