How to Start a Bookkeeping Business at Home With No Money or Experience in 22 Steps

For in-person marketing, you’ll definitely want some business cards printed up as soon as possible. Networking can happen anywhere from a chamber of commerce meeting to the dentist’s office or the school pickup line. Having business cards already made can help you spread the word with information on how to find you. You may also consider a brochure or flyer to share both in person and online. As Ben teaches his students, “the number one tool, and the hub for everything you will do for your client, is a bookkeeping software calledFreshbooks. To do this, you have to set up your business in a very specific manner.

If you plan to lease office space, then your mailing address will be wherever your office is located. However, if you plan to set up a home office, you’ll need to obtain a business mailing address so that you don’t have to use your home address. This will make your business appear more professional and maintain your privacy.

“How to Start a Virtual Bookkeeping Business”

Order business cards and create a logo to begin branding yourself and your business. Canva is a great free option for creating your logo and other projects. Sign up for QuickBooks Accountant, and they have a free certification you can do. Once you complete it, you are https://www.bookstime.com/ considered a QuickBooks ProAdvisor. It is an industry standard as well, and having various certifications can only aid in your credibility to clients. This is a website you and your clients can log into, and you’ll be able to see each of your clients in your account.

Teamwork is a real winner for a project management tool. Not only did I run my last accounting firm on it, but I also run my current business on it. These elements are crucial in 2022 if you want to know how to start a bookkeeping business. After potential clients contact you, you’ll schedule a meeting for your initial consultation, aka discovery call. This is arguably the most critical step in the entire process to acquire and find new clients.

Checklist for a Home-Based Business

That’s not all, your job may extend to filling taxes while working together with the in-house tax professional. This makes it possible for you to log in and access all records in the comfort of your home. If you need to communicate with other employees in the office, you can do so through video conferencing apps like Zoom, Google Hangouts, and Skype. According to the Bureau of Labor Statistics, the 2014 median salary for Bookkeepers was $38,070 per year–$16.91 per hour. The industry is expected to add about 204,000 positions through 2022 an average rate of growth compared to other professions. Consider whether your budget allows for paid advertising and marketing materials.

Collect business cards from every new business owner you meet. The next day, hop on to LinkedIn, sort through them, and connect with all business owners you met and send a personalized message. Be prepared to hit the streets to mingle with new business owners to acquire your first few new clients. If you’re just starting your own cpa firm, you may not have any, but add some later how to start a virtual bookkeeping business when you do get them. After establishing the purpose of your accounting firm, you’ll need to establish early on in your first year exactly what your ideal client profile looks like. Nellie Akalp is an entrepreneur, small business expert, speaker, and mother of four amazing kids. As CEO of CorpNet.com, she has helped more than half a million entrepreneurs launch their businesses.