Starting a Bookkeeping Business

Starting a Home Based Bookkeeping Service Business

Many small business owners will hire a bookkeeper to keep track of their day to day expenses and income. A basic bookkeeper keeps tracks of expenses, profit, receipts, etc. and enters the information into a computer program. The bookkeeper will then provide the information to their client on a monthly basis or however frequent the client requests to be updated.

What skills are helpful?

To become a bookkeeper you’ll want to have skills in the areas of paying attention to detail, basic computer bookkeeping, and absolute accuracy. Honesty and confidentiality are crucial. Your client’s information is private and needs to be kept that way.   

What tools are needed?

A reliable computer, preferably with system for daily back ups to protect your clients data. Up to date bookkeeping software is a must. Other tools that are needed are communication tools such as phone line, fax line, email address, etc.

How do you get started?

To begin your own bookkeeping business you will want to have some business cards and flyers made up. Send out the flyers to local businesses letting them know what services you offer. Join your local chamber of commerce and begin getting involved in community events where you can put yourself out there to meet business people and become known in your community. Another good way to get started is to place an ad in the local newspaper. Having a website available that details your services and lists your rates might be another option to look into it; build your own or hire someone to build a basic one for you.

Don’t get frustrated when you find that all your marketing efforts don’t seem to be working right away. Word of mouth will go a lot farther than any of your other marketing efforts. So once you have your first client make sure to go the extra mile to ensure satisfaction. A happy client will spread the word!