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How to Start a Home-based Bookkeeping Business (Home-Based Business Series) Paperback – June 1, 2011
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From the Author
I hope this book will help you start and run a profitable and satisfying business from your home. Whether you are just starting to learn the trade or are an experienced accountant or bookkeeper looking to be your own boss, this book will help you build your own successful business.
After college, I worked in public accounting and corporate finance for several years. Upon the birth of my first child, I decided I didn't want to work full time any more. I wanted to start my own home-based accounting business so I could set my own hours and schedule.
Although I was a CPA with quite a bit of experience, starting my own business wasn't as easy as I anticipated. I discovered there was a lot to learn, lots of details and tons of questions. I utilized the resources of SCORE and many library books to help me start my business. I made mistakes and learned as I went along. I wrote How to Start a Home-Based Bookkeeping Business (and my other book Successful QuickBooks Consulting) to help others start their own business with the information and resources I wish were readily available when I started my practice.
After owning my own traditional accounting practice for about five years, I realized I did not enjoy the work I was performing. I went back to school and earned an MBA in Entrepreneurship. My business has evolved over the past 20 years.
Now, I am the owner of Long for Success, LLC specializing in QuickBooks consulting and training services a well as coaching small business owners to start and grow their own business. I love what I'm doing and very glad I went on my own 20 years ago!
I love being my own boss, setting my own work hours, and choosing the clients and type of services I want to provide. Most importantly, I was home with my children while they were growing up! It hasn't always been easy and there have been some bumps along the way, but starting my own business was one of the best decisions I've ever made.
It is my hope that I can help share my knowledge to help others achieve the same in their lives. I truly enjoy helping others start and grow their own business as well as helping small and growing businesses to utilize QuickBooks to manage their business with good financial information.
From the Back Cover
How to Start a Home Based Bookkeeping Business is a comprehensive guide which takes you through every aspect of setting up and running a thriving home-based bookkeeping business, from estimating your start-up costs and finding clients to being on top of financial considerations, establishing an online presence, and staying profitable. Whether you're just starting to learn the trade or are an experienced accountant or bookkeeper looking to be your own boss, this guide will help you build your own successful business.
Look for useful charts and worksheets throughout the book, including:
- Home Office Checklist
- New Entity Setup Checklist
- Business Entity Selection Guide
- Create Your Own Mailing or Contact Lists
- Sample Engagement Letters
- Sample Business Plan with Industry Statistics
- Questions to ask New or Potential Clients
- Client Setup Checklist for QuickBooks Setups
- Guidance on Setting Billing Rates and Policies (an Average Billing Rates)
- and much more
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Top customer reviews
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This book is perfect for you if you're already an accountant/bookkeeper and you want to take the leap to hang out your own shingle (from your home office). She writes about the pros and cons of working from home and even offers advice on how to set up your office with the right furniture and equipment. There are also short essays from established home-based bookkeepers who offer different, sometimes competing perspectives. I found these anecdotes especially useful since they raised concerns I hadn't considered.
Marketing is one of the key topics Michelle writes about and it only makes sense, since it's how you'll develop business. She discusses websites, social media, networking and more. There's also information on setting billing rates, collecting fees, setting expectations and much, much more. Sprinkled throughout the book are also wonderful templates and samples, including a full business plan and several engagement letters! She also offers checklists you can use when setting up your own bookkeeping practice and again when you've just secured a new client and need to get them set up.
All in all, the book is a good, easy read that's chock full of information - more than you'd expect from a book its size that you can carry with you on the train. I recommend it to anyone who has made the decision to branch out on one's own (or is even considering, since this book may help you decide home-based bookkeeping is NOT for you).
I consider this to be a fair book but highly recommend the SECRETS TO STARTING & RUNNING YOUR OWN BOOKKEEPING BUSINESS by Sylvia Jaumann. She goes through the more details of the bookkeeping itself. But this is a good resource too. Still give it a 5 star rating.