How to: Bookkeeping Business
The Bureau of Labor Statistics (BLS) estimates that bookkeeping careers will experience some of the largest growth opportunities in the economy through 2018, particularly because bookkeeping is necessary in virtually every industry. By starting your own bookkeeping business, you will have the flexibility to work independently from a home office as the financial record keeper for a wide range of industries. If you are comfortable working with numbers, technology and are detail-oriented, a bookkeeping business may be the right business choice.
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Instructions
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Enroll in a bookkeeping course. Take a bookkeeping class if you have not worked in the industry before. Inquire at your local community college or through online distance learning courses. According to BLS, a four-year degree is unnecessary but an associate degree may be useful.
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Set up a computer with bookkeeping software. Invest in a quality bookkeeping program, which will act as the foundation for your business. Use technology to accurately input and track your clients' financial data. With the proper bookkeeping software, you will be able to transfer data reports to your clients electronically.
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Obtain a business license and business checking account. Both will establish your business credibility. Apply for a business license at your local city or town government office. Specify a home business office if you work out of your home. Open a business checking account to maintain separate business financial records from your personal finances.
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Create a marketing plan to attract new clients. Attend local networking events. Promote your bookkeeping services by meeting with local business owners. Create a website with your contact information and list of services. Maintain a blog with financial tips for small business owners as a means of establishing yourself as an expert in the field.
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Tips & Warnings
Pursue certification as a certified bookkeeper with the American Institute of Professional Bookkeepers to set yourself apart from the competition.
Beware of clients that ask you to participate in questionable accounting practices. This may damage your reputation as a professional bookkeeper.
