Making money as freelance bookkeeper

Use digital media to get the word out:. I would like to do partime bookkeeping to earn extra money. Creatives have been at it for years. The beauty of doing this from home is having the ability to do this online in addition to running a blog or website on this niche topic and making more money from Google AdSense and CPA affiliate networks who has advertisers related to the niche of Accounting. While traditional, full-time bookkeeping jobs may not be as plentiful as they once were, the recent rise in online entrepreneurship has made it so many more individual business owners are seeking bookkeepers to help them manage their finances. Your competition will be a lot lower, which means your chances of getting the job go up. Marc I’ve been working in internet marketing full-time since

What this means for freelance accounting

I recently had the chance to interview Ben, founder of Bookkeeper Business Academywho explains how becoming a bookkeeper may be a possibility for you. And guess what? You don’t have to be an accountant or have any previous experience! If you are looking for a new job or even just a side hustle, this may be something that you want to look. I am a CPA — bean counter — by trade.

Love that concept! When you decided to start learning to become a bookkeeper, what was going through your mind?

This post contains affiliate links, which means I may receive a small commission, at no extra cost to you, when you make a purchase. Please, read my affiliate disclaimer for more details. I got an opportunity to interview Ben last week and he was kind enough to share with us how one can become a bookkeeper and where to get online bookkeeping jobs with no experience. I ran my practice all wrong. I was miserable and had no life. I spent the next few years figuring out how to run a practice the right way. I ended up with a practice that I loved and that gave me the freedom to live the life I wanted.

What do Bookkeepers Do?

The gig economy is in full swing. Creatives have been freelancing for years. Project managers. More and more professionals are finding it easier to freelance because of:. Accountants used to need a lot of corporate-level infrastructure. This included things like archive space for paper files, expensive software packages, dedicated servers, and meeting rooms. It also took a bookkeepee of human resources to do all the clerical work — entering making money as freelance bookkeeper, filing documents, and maintaining journals.

And that was just to do the basics of tax and compliance. It required even more time, effort, space mojey people to offer payroll services or produce good business management reports. With online accounting software, a single home-based freelance accountant can now do all of this on their.

The overheads can be as little as freelanxe laptop and business insurance. Accounting software subscriptions are nominal and the costs can be easily passed on to your client. And because businesses that use cloud accounting software are far more growth-focused, a freelance accountant or bookkeeper can get set up and maoing off quickly. See how Soaring Falcon went from zero to 65 clients in two years.

An online accounting system can capture that data at source — be it from a bank account, an invoicing system, a POS system, an e-commerce system, or an expense app. Now that it requires fewer human resources to complete these basic accounting functions, freelance accountants and bookkeepers are less likely to need hired help.

You can also accept online payments with apps like Stripe or PayPal. Create service bundles. Smart cloud accounting software allows you to do.

Plus it allows automatic data entry and daily bank reconciliation. It also makes payroll much easier. Create service bundles Most small businesses want certainty around their expenses. Try agreeing on a plan where you provide specific services for a monthly retainer.

This often includes write-up work such as account reconciliations, day-to-day assistance posting transactions, managing bill payments, providing reports, and advising on business growth. See how Bean Ninjas set up their bundles and launched in one monej. Increase your revenue per client After you get a few retainer clients onboard, think about how you can sell them more services.

Or pitch them on tax planning. There are a lot of options. Many businesses specifically look for accountants who use online software. Go to the places where those prospects hang. Before you post a listing, however, read these tips on how to write a good one. Use digital media to get the word out:. Write and share posts on social media ask happy clients to share. Build a professional website. Bookkepeer an SEO strategy to help people find you.

Get into content marketing and post blogs. Produce a simple email newsletter. Word-of-mouth marketing. Perfecting your elevator pitch. Holding accounting events. Networking without getting stuck at stuffy events.

Keep an eye on costs such as phones, computers and software. All you need are a few tools, a good work ethic, and an entrepreneurial spirit. You’re on the site. And why not? You can aas deliver high-end services at a fraction of the cost, from your home. Freelancing is big The gig economy is in full swing. More and more professionals are finding it easier to freelance because of: online collaboration: broadband internet makes it easy for people to work together, without meeting in person subscription software: independent contractors can use enterprise-level software for a small monthly fee such as online accounting software.

What this means for freelance accounting Accountants used to need a lot of corporate-level infrastructure. Some providers give you practice management software for free. Data is secured in the cloud, with no need to do backups or archive paper files.

Thousands of people search for online accountants every week. Go to the places they hang. How to be a freelance accountant or bookkeeper 1. Use digital media to get the word out: Write and share posts on social media ask happy clients to share them Build a professional website Create an SEO strategy to help people find you Get into content marketing and post blogs Produce a simple email newsletter 7.

Become a partner. Xero is easy-to-use online accounting software. It’s great for you and your clients. Introducing light-touch accounting advisory services 6 mins read. Build an effective website for your firm 5 mins read. Blogging tips for accountants and bookkeepers 5 mins read.

The Most Profitable Bookkeeping Niches

Freelancing is big

Disclosure: Information presented on Vital Dollar aw through related email marketing is intended for informational purposes only and is not meant to be taken as financial advice. And because businesses that use cloud accounting software are far more growth-focused, a freelance accountant or bookkeeper can get set boookkeeper and take off quickly. You have to make sure you set up an efficient bookkeeping business to prevent you from going nuts-o! You do NOT need to have any previous experience with accounting or bookkeeping. With all due respect to your cousin, I disagree. And it would have been way more difficult to get started and be successful without this course. Thanks for confirming Brianna! There are lots of people within your own network that could be your client. After talking to some others freeelance took the course, the teaching on the marketing and getting clients was worth the price in itself so I think the course would still be valuable to you. Have a degree in Financial Accounting Sciences. Must be willing to work 15 hours per week and have a strong understanding of Excel. This website connects professionals with sought-after skills with employers who want to hire remote workers in their respective fields. There is a short-term sacrifice that you make for a lifetime of benefit as a professional bookkeeper. Any recommendation — As of right now i work full time in the field and i really would like to work from home so i can be here for my two younger making money as freelance bookkeeper. She does the research, so you don’t have to.