How to Start a Bookkeeping Business From Home

Starting a bookkeeping business from home is always an attractive option for those who would like to enjoy the benefit of flexible working hours and yet earning a comfortable living. It is particular suitable for stay at home moms and experienced bookkeepers who are tired of working 9 to 5 in the office. So, how to start a bookkeeping business from home? Here is briefly some actionable advice that you might want to consider before proceeding further.

Be a member of the institute of bookkeepers

While it is not necessary to be a certified bookkeeper to open your bookkeeping business, it is definitely more advantages to be a member of the institute of bookkeepers than those who are not. By joining the institute, it gives you the opportunity to network with other freelance bookkeepers and possibly to secure bookkeeping jobs by supporting business of other members. Besides, it gives your potential clients the impression that you are competent in your work as the institute of bookkeepers require minimum criteria to be met before admitting you as a member.

Tools required for your bookkeeping business

Before you start a bookkeeping business from home, you are required to invest in things like bookkeeping software, payroll software, a laptop with internet connection and other supporting equipments such as fax machine and printers. Work out what is the preliminary capital required for your bookkeeping business and figure out the likely sources of finance.

It is not difficult to start a bookkeeping business from home if you are already earning your living as a bookkeeper. For stay at mom who is interested in starting the business but don’t have the experience in doing bookkeeping, it is highly advised to take up part time bookkeeping assignments first in order to equip themselves with the necessary knowledge and exposure.