Welcome to the Small Business Ideas Forum! We are a community of over 100,000 small business folks with over 163,000 posts for you to browse. We pride ourselves on being the friendliest forum you will find and we'd love to have you as a member of our community. Please take a moment and register for a free account. If you need any help, please contact Chris Logan.

Small Business Ideas Forum

Small Business Ideas Forum

A friendly place to share small business ideas and knowledge, ask questions, find help and encourage others that are involved in the small business industry. Topics include small business marketing, generating revenue and small business computing.

Go Back   Small Business Ideas Forum > Generating Revenue, Insurance, Taxes, Etc. > Small Business Finance
Register Search Today's Posts Mark Forums Read

Reply
 
Thread Tools
Old 13th February 2009, 05:38 AM   #1
rosesmith
Member
 

Join Date: Feb 2009
Location: UK
Posts: 23
Default How To Start A Bookkeeping/accounting Business?

Hi.............,
I have been studying bookkeeping and accounting also tax prep. I am wanting to know if anyone know how to go by starting a small business. Like grants, supplies, etc

rosesmith is offline   Reply With Quote
Register or log in to remove this ad.
Old 13th February 2009, 02:43 PM   #2
mfackrell
Member
 

Join Date: Feb 2009
Location: Boise, ID
Posts: 5
Default Can you be more specific?

Exactly what do you need help with?

What is your budget?
Background?
Experience?
Target market?
Specific Services?

Mark Fackrell
Strategic Business Services

mfackrell is offline   Reply With Quote
Old 21st February 2009, 05:05 PM   #3
phanio
VIP Contributor
 

Join Date: Feb 2009
Location: Texas
Posts: 261
Default

Can you be a little more specific?

You might also think about franchises. There are many that offer the services you are talking about. They usually charge a minimial start-up fee and take a small percentage of your overall gross. But they will provide everything you need to get your business off the ground - including local marketing.

Or, have you talked with your local business development office (in the US these are organizations like SCORE or SBDC)? Find some free local servicess that are there for people just like you.

If you are looking for money - this is a hard market for new business funding. Or, you would have to use your personal assets and credit to get personal loans - there are a few out there that are lending provided your credit is excellent and you have means to repay.

Some things to think about - have you written a business plan? I am not suggesting you write one - but, there are many templates on the internet that you could follow and think through. Thus, you would get a better idea of how to start and what info you would need.

Or, you could just open a business checking account, lease some space, turn on a turn and internet connection and start marketing in your local community.

Just some thoughts

__________________
Business Money Today - Small Business Loans
phanio is offline   Reply With Quote
Old 18th May 2009, 03:22 AM   #4
Payroll Tampa
Member
 

Join Date: May 2009
Posts: 20
Default

Knowledge and experience are required for business start. If you have good knowledge about bookkeeping business than you can start it.

Payroll Tampa is offline   Reply With Quote
Old 24th May 2009, 09:19 PM   #5
SeattleCPA
VIP Contributor
 

Join Date: Apr 2007
Location: Seattle, Washington
Posts: 203
Default

I'd check out the resources supplied by any professional societies in the UK. In the US, we have several national and state professional associations that supply lots of great info.

Good luck!

P.S. I'm a tax accountant.

__________________
Steve Nelson, Publisher, www dot llcsexplained dot com and www dot fasteasyincorporationkits dot com.
SeattleCPA is offline   Reply With Quote
Old 29th May 2009, 04:44 AM   #6
theieu
Member
 

Join Date: May 2009
Posts: 15
Default

You must have the capital to be able to start a business, then set up your business plan, what will be your product or is it services you are offering, who are your target market, your location, then work on your marketing plan on how to sell your product or services to the market.

theieu is offline   Reply With Quote
Old 18th June 2009, 08:14 PM   #7
meredith
Member
 

Join Date: Jun 2009
Location: Australia
Posts: 11
Send a message via Yahoo to meredith Send a message via Skype™ to meredith
Default

I started out by buying a bookkeeping franchise, and that was a great way to get marketing material and general advice.

However, I already had a significant number of years experience as an accountant and this was key to early success.

What someone else mentioned about having enough capital behind you to start applies to any business. The biggest contributor to business failure I've seen over my years as an adviser has been underfunding. It takes time to build up your clientele to a level which is bringing in a reasonable income, and you need something to live on in that time.

I've seen a lot of bookkeepers start up a business with just some training under their belt, and it's been difficult. My suggestion would be to work as a bookkeeper in someone else's business first so you at least get to know what the flow of processes is in practise.

meredith is offline   Reply With Quote
Old 1st July 2009, 03:50 PM   #8
mashina
Member
 

Join Date: Jul 2009
Location: Canada
Posts: 1
Send a message via MSN to mashina
Default Experience is key

I totaly agree with meredith, experience is absolutely crucial. I just recently started my accounting/bookkeeping business and I also work full time in an accounting position. This combination allows me to be financially independent of my business, but still gives me some time to dedicate to it. Eventually, I am hoping, when my revenues will reach a sustainable level, I would be able to make a move.
My advice would be to try and get a job in accounting first, so you can learn the right ways of doing accounting before you go out on your own and start spreading bad practice. It will only come back to hunt you.

mashina is offline   Reply With Quote
Old 6th July 2009, 08:44 AM   #9
Martin123
Member
 

Join Date: Mar 2009
Posts: 50
Default

First of all make it clear what services you'll offer and what sorts of businesses you'll aim. Do you want to offer other services such as income tax returns, collection letter services or word processing? After you have done with it give it a go. You can also get some online tips, these will also help.

__________________
SEO Services UK
Martin123 is offline   Reply With Quote
Old 4th November 2009, 03:53 AM   #10
bookkeeping-SI
Member
 

Join Date: Nov 2009
Posts: 1
Default

Most of Bookkeeping Services has main focus on financial accounting services, bookkeeping accounting services and financial bookkeeping for small bookkeeping business.

So,Many other person prefer Bookkeeping services.

bookkeeping-SI is offline   Reply With Quote
Reply   

Bookmarks


Similar Threads
Thread Thread Starter Forum Replies Last Post
People Want To Start A Business But Don't Know Where To Start Crimson Fox General Small Business Issues 49 22nd May 2015 01:26 PM
A Great Business Plan BumerM Ecommerce 16 7th December 2011 11:54 PM
newbie needs help: sole proprietership vs partnership shellies General Small Business Issues 5 12th January 2010 05:03 AM
What to do.... Humphrey What Type of Business Should I Start? 4 28th June 2006 02:47 PM
Help needed!! Wanting to start business! Tom and Bill General Small Business Issues 13 12th June 2006 11:51 PM



Thread Tools

Get Updates
RSS Feeds:
RSS Feed for Small Business Finance RSS for this Category Only: Small Business Finance

RSS Feed for Small Business Ideas Forum RSS for Entire Forum
Forum Rules


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


Small Business Ideas Forum


 
At Your Business - Small Business Directory
Free Business Forms - Prewritten Documents
 
Search Engine Guide
Small business guide to search marketing

 
Small Business Brief
Fetching the Best Small Business Info


Free Links - Free Advertising
Free Guide - Online Directory



Advertise your business here
Contact us for more details!


Semantic Juice
Register now to access free Quick SEO service!


Rocket Lawyer
Sign up for free 7 day trial. Boost your biz!


Buy UPC Codes
Get your products listed online!




All times are GMT -5. The time now is 02:11 AM.


Powered by vBulletin® Version 3.7.3
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright 2004 - 2018 - Privacy