19 Small Business Ideas For 2024

19 Small Business Ideas For 2024

how to sell virtual bookkeeping services

Total assets ($185,000) equals the sum of total liabilities ($150,000) plus equity ($35,000). Understanding your company’s financial position is integral to its success. A financial statement can indicate whether your company is bringing in a profit or heading toward trouble. If you’re interested in working remotely as a bookkeeper, applying directly or joining the Intuit Tax and Bookkeeping Talent Community may be the right move.

how to sell virtual bookkeeping services

Drive online sales for your products

Equivity is a good choice if you want an administrative assistant that goes beyond bookkeeping. It’s also best if you already have experience with software like QuickBooks—otherwise, you could face a learning curve. FinancePal is best for small businesses that need bookkeeping assistance, including catch-up bookkeeping, entity formation and tax filing. Botkeeper is best for accounting firms that want to scale by automating bookkeeping tasks. The Forbes Advisor Small Business team is committed to bringing you unbiased rankings and information with full editorial independence. We use product data, strategic methodologies and expert insights to inform all of our content and guide you in making the best decisions for your business journey.

How Can I Get Started if I Don’t Have Any Experience?

  • These range from basic data entry to more comprehensive tax advice, payroll services, tax preparation services, financial reports, and analysis.
  • Alternatively, they’ve spent so much time developing the product that marketing is an afterthought.
  • Receiving documents by fax, face-to-face client meetings, paper receipts — all of these are now a thing of the past.
  • Are you skilled with a musical instrument, or do you have golden pipes?
  • When hiring, vet dedicated bookkeeper candidates thoroughly and assess their qualifications, experience, and soft skills.
  • This change saves them precious time and funds which can be used for future growth.
  • Capturing a niche isn’t all about offering the right bookkeeping services.

However, you should have a presence on Facebook and Instagram because they offer e-commerce features that allow you to sell directly from your social media accounts. Both of these platforms have free ad training to help you market your business. Your potential customers are using social media every day—you need to be there too. Use virtual bookkeeping services social media to drive traffic back to your website where customers can learn more about what you do and buy your products or services. For example, let’s say you’re starting a small business that sells miniature birdhouses for fairy gardens. Your variable costs are $0.40 per birdhouse produced, and you sell them for $1.50 each.

What are the benefits of a virtual bookkeeping firm?

An EIN is optional for sole proprietors, but it allows you to receive 1099s at the end of the year from your clients without giving them your SSN. AI generates your personalized website instantly with built-in scheduling, payments, email marketing, and more. Use to register vehicles, renew vehicle registration, amend or request duplicate vehicle registration. You can renew your registration or order a replacement registration online. Used by a person who is not a physician or a police officer to notify the DMV of a driver who has a possible medical condition that can affect the safe operation of motor vehicles. Used to renew your certification as a motor vehicle safety and emissions inspector if you did not receive a renewal form by mail.

Advertising your services on-call or even setting up “emergency” booths at costumed events can bring you new clientele from those in a bind. If you’re talented with a needle and thread, you could have a business sewing and making alterations for others who don’t have this skill or the tools to do it. While you may be busy with alterations, the real money is in custom jobs for dresses and costumes.

By eliminating the complicated hassle of quarterly bookkeeping you can go back to doing what it is you do best for your business. Extra time means extra revenues for most businesses in White Plains and that is what it is all about. Rimberg’s bookkeeping services help keep the fiscal side of your business running fluidly. Our reputation speaks for itself and we have helped hundreds of businesses of all sizes manage their books more effectively.

Developing a business plan

On average, a virtual bookkeeper earns over $42K per year and you can do that as well. Virtual bookkeepers work remotely for their clients using online accounting software to provide services and video calls for meetings. A good computer and high-speed internet connection should be your first investment. But at the heart of a virtual bookkeeper’s toolbox is accounting software, such as Quickbooks Online, according to Robinson, which helps keep startup costs low.

Review fees and costs

The Certified Bookkeeper (CB) program from the AIPB requires you to be a working bookkeeper or have at least one year of accounting education. The program includes self-teaching workbooks that prepare you to pass the CB exam. As for software, most programs will run on a PC or a Mac, so it’s a matter of personal preference. Considering that bookkeepers rely on the power of technology daily, they should invest in quality hardware and software. Some people do a small amount of brainstorming before they have a eureka moment and come up with the perfect business name.

how to sell virtual bookkeeping services

How to start a virtual bookkeeping business (In 5 Steps)

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