How to Start a Bookkeeping Business | QuickBooks CanadaAccording to the Canadian Federation of Independent Business, seventy-five percent of all Canadian businesses employ less than five people and ninety-five percent of all businesses have less than fifty people. This means that most Canadian businesses are small in size. And we all know that every business needs a bookkeeper. A Certified Bookkeeper who has a depth of knowledge of bookkeeping and demonstrates professional competence can access greater opportunities to enhance personal and career growth. Although we all dream about being the boss of our own successful business, the truth is that many small start-up businesses end up in bankruptcy within the first three years. However, once you decide to establish your business, you need to remember you are no longer just a bookkeeper.
Starting a Bookkeeping Business at Home With No Money or Experience
Whether you've been working as an accountant or bookkeeper for a private company, or just think that bookkeeping might be the career for you, bookkeeping is a business that you can run from your home. The challenge, of course, is finding enough clients to earn the type of salary that you need. Fortunately, many small businesses do not have enough work to make a full-time bookkeeper financially feasible, so there are customers out there. Market your skills correctly and you'll have a large client base. Train to be a bookkeeper.
Do you know what every business needs? Someone to do the books! Virtual bookkeeping jobs are widely available yet often overlooked. Many people don't think they have the skills necessary to land a position. Despite its closely related accounting cousin, bookkeeping positions are often considered entry level.
Are you interested in starting a virtual bookkeeping business from home? We also took it further by analyzing and drafting a sample bookkeeping company marketing plan backed up by actionable guerrilla marketing ideas for bookkeeping businesses. The best point of take-off is to know the meaning of book keeping, which is simply an activity that bothers on the recording of business transactions. Book keepers are also known as account clerks, accountants etc. Book keeping is therefore an occupation concerned with maintaining financial accounts, auditing business records and preparing financial reports for a business. As a book-keeper you will be responsible for writing the daybooks, which contain records of purchases, sales, receipts, and payments.
Take a Look at Kelly Perry's Bookkeeper Business Launch Experience
Starting a home-based bookkeeping business in Canada provides many entrepreneurs with the opportunity to earn a good living while enjoying the benefits of working from home., You can start a virtual, 21st century business that will allow you to live your dream life.
I hear that the idea of starting your own business begins with a conversation around the dinner table, over a cup of coffee or lying on a beach — and it was no different for me. My thought was that I have a business background and experience in the corporate world for a number of years, so I should be good to go. Unlike many new businesses, the first couple of years were good. I had a few steady clients, could pay my bills, and was able to set my own hours to spend more time with my very young daughter. It was everything that that I thought it should be.
By QuickBooks Canada Team. Running your own bookkeeping firm offers more flexibility and control than you can get working for an employer. You also have to set up an office, find clients, manage your time, and deal with countless other small tasks. Even if you have a host of experience, you may want to consider certification. Certifications show your clients that you have extensive training, and it helps to reassure them that they can trust you with their books.