Bookkeeping for Beginners: 6 Basic Concepts to Get You Started : EasyBooks Small Business Bookkeeping App Try For Free!

Every time I picked up the phone and gave someone my email address I had to explain “that’s accountz with a z not an s”. Another benefit of offering bookkeeping as a service is you will have very few other costs other than your time. Software comes into it, but these days you will find plenty of free software for micro business books, and fairly online bookkeeping low cost solutions for small to medium size businesses. Your job as a bookkeeper entails systematically keeping track of an organization’s financial transactions. For the information to be reported as a financial statement, it needs to be identified, accepted, classified, and recorded.

• The second easiest way to get clients is to do a flyer drop.
• These reports act like financial storytellers, giving you details about your business’s health, performance, and insights for the future.
• What matters more than anything else, is the length of the articles you include.
• If you have the time and expertise to record your own transactions, there is no rule against doing your own bookkeeping.

The Definitive Free Guide To Bookkeeping For Beginners

Given enough time, I would have stuck with it, because I know reputations take time to build, but we didn’t want to wait that long. Bookkeeping for Veterinarians You can also use your town as the name if you want to stay local. One choice of name I had was Wisbech Bookkeeping Services, which I set up anyway to increase the likelihood of being found online. This means setting up expectations around responsibilities. Make sure everyone involved understands who is responsible for what, and what to expect of each person BEFORE you start. If your clients are happy for you to work remotely on their account, then you can change to monthly or project charging.

Difference Between Bookkeeping and Accounting

• Software comes into it, but these days you will find plenty of free software for micro business books, and fairly low cost solutions for small to medium size businesses.
• Accountants interpret, classify, analyze, report, and summarize financial data.
• Once you have settled on a bookkeeping and accounting system, you should set up your software.
• And from there, we were able to start figuring out a marketing plan.

Whether you’re making a sale, paying bills, or transferring money between bank accounts, bookkeeping keeps track of every financial move. Running a small business comes with many responsibilities—and keeping accurate financial records is one of them. Bookkeeping might seem intimidating at first, but it’s essential for your business’s success. It helps you track your income and expenses, keep an eye on your financial health, and make informed decisions. If you offer accountancy services as well bookkeeping tutorial as bookkeeping services, make sure you mention that.

Is it worth being a bookkeeper?

A university degree no longer has the benefits it used to have, and as a self-employed bookkeeper there’s no one you need to impress – your clients certainly won’t care. In fact, the debt that university students get into whilst studying has never been higher. And that is a real burden not just on themselves but on the world’s economy as a whole. The number of small businesses starting up is and has been increasing for a considerable amount of time, but right now it’s increasing faster than ever because everyone known ‘jobs are no longer for life’. These are based on my actual experience of setting up a real bookkeeping business in the UK.

And finally, getting qualified is simply due diligence as far as the accountant is concerned. Even if you’ve been a bookkeeper for years and know what you’re doing, but have never bothered getting the certificates that prove it, definitely go after them now. Especially if you’re going to contact accountants as your first port of call. The most important thing to an accountant is your accuracy. A badly prepared set of books will cost them in potential litigation (and you your job), so accuracy and detail is imperative. Make sure you include HTML meta tags for the page title and description.

How To Sell Your Bookkeeping Service

To get started, here are some useful tips on how you can learn bookkeeping at home. Cold calling costs nothing but time if you have a free call plan. And follow up letters to interested parties is then far more cost effective. We followed up the letters with another call (having already got permission to do this after the first call). It could be argued that we didn’t test enough letter combinations out, and I’m sure with enough time and money we could have improved things, but we hit upon a better method quickly, and that’s what we wanted. Pick any one of the above and master it before moving to another.

The fastest way to get clients is to contact every accountancy practice in your area and let them know about your bookkeeping service. Without clients for your bookkeeping business, you don’t have a business. So let’s take a look at some proven ways of doing this most important of all marketing tasks. I did it because the service helped micro businesses, and so was right at the bottom end of the market. My clients (mostly) could not afford an expensive service, so their expectation was matched to the name.