Evan Carmichael Top Header about About About facebook Twitter YouTube Google+

How To Start Your Own Bookkeeping Business



Free PDF Download
How to Save Money for Beginners - By Glenda Lange

Name: Email:


Are you sick of working for someone else? Would you rather be working for yourself and making your own rules? If you are currently a bookkeeping employee, here is one way to start working for yourself.

Before you give up your current job, you need to work out where you are going to find clients for your business. When you are talking with these prospective clients, casually bring up the subject of bookkeeping. Tell them that you are thinking about starting your own business but haven't decided yet. Gauge their response to this and if you find you have a number of people interested, then you can take the next step.

The next step is telling your boss what you are thinking of doing. Now don't go weak at the knees, I'm sure he/she is not that scary. Besides, you're not going to tell him you are leaving; you're going to give him a proposition. All business owners like to hear of ways that they are going to save money and that's exactly what you are going to show him.

By now, you are probably wondering how you can save your boss money, stay working for your boss AND start your bookkeeping business. Well here's what you need to tell your boss. "You're paying me a lot to do day-to-day data entry. Why not hire a junior to do that and I will oversee her work." Tell your boss that you are thinking of starting a bookkeeping business. Let him know that you would still like to do his books but as a contractor instead of an employee. Let him know your hourly rate will be a little higher than what he is currently paying. Explain to him that he will save money with this arrangement, as he will not be paying employment expenses for you (eg. Super, Workers Compensation), you will be doing less hours and the junior he hires to do the data entry will be on a lower rate of pay than he is currently paying you.

You must be prepared for this meeting with your boss in two ways. Firstly, you must have all the facts and figures written down so he can see and understand what you are telling him. Secondly, be prepared for your boss to say no.


Related Articles

  Review of Bookkeeping Practices
  Outsource Accounting
  3 Key Reasons A Business Needs To Keep Books
  Why Accounting Outsourcing
  Bookkeeping Fees: Difference Between Cost and price
  Bookkeeping: When Small Problems Become Big Headaches
  How Do I Find Clients For My Bookkeeping Business?
  Top Three Bookkeeping Basics
  How to Start a Bookkeeping Business 1-2-3
  Want to Check up on Your Bookkeeper?
  Truth in Numbers
  How Do You Read Profit And Loss
  Five Tips for a Smoother, More Efficient Tax Time
  Bookkeeping Outsourcing is a Great Solution for Small Business Owners
  Bookkeeping Tips on Tips
  Why Outsource Bookkeeping?
  Bookkeeping Services, Watch the Financial Books of your Business
  Questions You MUST Ask Before You Appoint A Bookkeeper
  What Sort Of Business Uses A Bookkeeping Bureau?
  Bookkeeping Work From Home

Home > Accounting > Glenda Lange > How To Start Your Own Bookkeeping Business >

Free PDF Download
How to Save Money for Beginners - By Glenda Lange

Name: Email:


Related Forum Posts

Re: How can I promote my site? Re: How can I promote my site?
My entry My entry
Wearing different hats in Business Wearing different hats in Business
Exclusive: Interview with Results Exclusive: Interview with Results
Books for Women Entrepreneurs Books for Women Entrepreneurs

Share this article. Fund someone's dream.

Share this post and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
Share for a Cause



Worksheets
By: Evan Carmichael

Do you have what it takes to be an entrepreneur?

8 Powerful Steps to Finding Your Passion

Does your pitch suck?

Create a plan of attach to launch your new business.

8-Cover

Like this page? PLEASE +1 it! Evan Signature
Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Tips for the Novice Traveler

Environment and productivity at the office

6 Ways To Generate Lucrative Business Ideas

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.