Business At A Glance
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? No
Bookkeeping is simply the procedure ofrecording financial transactions, or put differently, a record is madeevery time money changes hands. Providing you possess accounting orbookkeeping experience and skill, a substantial income can be earned byrunning a bookkeeping service.
Clients will largely consist of businessowners that either do not have the time or ability to set up and managea bookkeeping system for their business. Recent technologicaladvancement has made operating a bookkeeping service verystraightforward, as there are many types of small business accountingsoftware available that will not only make your job easier, but alsoenable you to service many clients at one time. Typically, bookkeepingservices charge clients a monthly fee to record and update theirfinancial records on a regular basis. Averaged, this fee translatesinto $25 to $35 per hour.