Yes - They are back! To cater for those who can not get to the one day face to face seminar, I will be presenting the content as a webinar. Broken into three parts, you can attend all of the sessions, or just the one/s of interest. Topics will involve starting your bookkeeping business, running your bookkeeping business and developing your bookkeeping business. All attendees will receive the seminar pack with the materials, posted in time to follow along at the webinar session. Every attendee will also receive a DVD with the sessions recorded to replay at any stage. Each session is 90 minutes long and there is a lunch time or evening session for each webinar. Sessions will be held in the first week of May. The sessions are popular in the online format and bookings will open on Wednesday April 6th 2011. Visit the website for the hard copy book, ebook, face to face seminar details or to join the newsletter. I look forward to "seeing" you online soon!
Showing posts with label Start a Bookkeeping Business. Show all posts
Showing posts with label Start a Bookkeeping Business. Show all posts
Monday, April 4, 2011
Recent Seminars
It was great to see so many attendees at the recent Pubic Practice one day training. I enjoyed speaking and it was wonderful to catch up with some familiar faces and discuss your own bookkeeping business success. I am looking forward to presenting later in the year and hope you all fly through end of financial year.
Thursday, September 17, 2009
What Makes Bookkeeping a Good Career Choice?
Did you know bookkeeping and associated services are becoming more popular in countries such as Australia, New Zealand, Canada, UK and USA?
The increase in people undertaking bookkeeping study is amazing and the bookkeeping industry has been increasing significantly for the last 10 years.
Here is an article which I recently published which has been used by multiple business sites to explain why bookkeeping makes a good career choice and why bookkeepers in their own business can have a profitable business even in these tough economic times.
To read the article click here
The increase in people undertaking bookkeeping study is amazing and the bookkeeping industry has been increasing significantly for the last 10 years.
Here is an article which I recently published which has been used by multiple business sites to explain why bookkeeping makes a good career choice and why bookkeepers in their own business can have a profitable business even in these tough economic times.
To read the article click here
Tuesday, August 25, 2009
Free Advertising Ideas For Your Bookkeeping Business
Advertising and marketing your bookkeeping business can sometimes be difficult. People don't know where to start apart from paid advertising ideas. This is fine if you have the budge for it but most people starting out are on small budgets and you want to make every dollar count.
A great idea for marketing your bookkeeping business is through Press Releases!
Don't think that this will cost an arm and a leg or that it will be hard to write a press release. You can learn how to do it effectively and you can release them to free sites in the first instance. If you have the money and have tested a press release first to the free sites, you can then consider sending one to a paid targeted release in your area.
Remember the media are looking for stories to fill their pages and news articles every day. You might no think your story is worthy of news time, but you can come up with an angle and get some attention, your web site, email or phone could be going constantly.
Have a look at how easy it is to write a press release and find an interesting angle with this example I did on the new My Bookkeeping Business book.
Friday, August 21, 2009
Bookkeeping Franchises
Is a bookkeeping franchise for you?
If you have started to think about setting up your own bookkeeping business, you may have thought about your structure, your qualifications and experience and may have thought about what services you can provide. If you not sure about your ability to start your own business, you may be thinking about buying a bookkeeping franchise.
Franchises can be a good introduction into business if you are not confident about the whole package which is required to be a business owner/operator. They can be however quite costly to but into and a bookkeeping business is often the type of business that people start on a shoestring budget. If this applies to you paying upwards of $20,000 can be a big dent in your finances, especially if there are large ongoing fees.
If you are looking at buying a bookkeeping franchise to start your own business, do your due diligence, another words, do your homework, look at EVERYTHING.
What is included in the franchise fee?
What payments are required on an ongoing basis and how much are they?
What do you get for your money?
What support do you get?
What training do they provide?
Do you have a specific area or territory you can market in?
Do they give you clients?
What is the projected return on investment?
How long is the franchise agreement for?
Does the agreement give you enough time to recover your costs, make a profit and experience capital growth?
Are there any legal issues with other franchisees which are not yet evident?
These are certainly not all the important point, but it just gives you an idea of what to look for in a franchise opportunity and how to assess the merits of the different franchise models available. You need to know exactly what you are getting for your money and if it is of value to you. Can you do what the franchise is giving you?
Overall a franchise might be suitable for you and your personality, but like all business decisions, evaluate your options, do your research, get professional advice from your accountant and lawyer and then select the option that is right for you personally.
If you have started to think about setting up your own bookkeeping business, you may have thought about your structure, your qualifications and experience and may have thought about what services you can provide. If you not sure about your ability to start your own business, you may be thinking about buying a bookkeeping franchise.
Franchises can be a good introduction into business if you are not confident about the whole package which is required to be a business owner/operator. They can be however quite costly to but into and a bookkeeping business is often the type of business that people start on a shoestring budget. If this applies to you paying upwards of $20,000 can be a big dent in your finances, especially if there are large ongoing fees.
If you are looking at buying a bookkeeping franchise to start your own business, do your due diligence, another words, do your homework, look at EVERYTHING.
What is included in the franchise fee?
What payments are required on an ongoing basis and how much are they?
What do you get for your money?
What support do you get?
What training do they provide?
Do you have a specific area or territory you can market in?
Do they give you clients?
What is the projected return on investment?
How long is the franchise agreement for?
Does the agreement give you enough time to recover your costs, make a profit and experience capital growth?
Are there any legal issues with other franchisees which are not yet evident?
These are certainly not all the important point, but it just gives you an idea of what to look for in a franchise opportunity and how to assess the merits of the different franchise models available. You need to know exactly what you are getting for your money and if it is of value to you. Can you do what the franchise is giving you?
Overall a franchise might be suitable for you and your personality, but like all business decisions, evaluate your options, do your research, get professional advice from your accountant and lawyer and then select the option that is right for you personally.
Thursday, August 20, 2009
Start a Bookkeeping Business - Licensing
If you are thinking about starting your own Bookkeeping Business, you will need to think about your qualifications and experience and if there are any services you can not offer to clients.
At this stage Bookkeeping is not regulated and anyone can set up shop as a bookkeeper. The only exception to this is if a bookkeeper wants to perform BAS and BAS related services to clients. The reason for this is that the provision of the BAS is caught up in the taxation legislation, which is very specific about who is eligible to perform BAS services for a fee.
Due to this if you want to provide BAS services for a fee, you will need to satisfy certain criteria so you do not get into trouble with the ATO.
If you perform all other bookkeeping functions for a business and just give the client the reports for them to complete to BAS form and you do not complete it, you do not need any special qualifications or professional memberships.
I often get asked if Bookkeeping itself might become more regulated and it is possible as it rises in popularity and is now looked at as a quasi profession. Since the provision of BAS services is wrapped up in taxation legislation, the provision of BAS services for a fee will become more regulated as with the proposed introduction of the BAS Agent Registration legislation and bookkeepers will need tp incerase their skills and knowledge to continue being competitive in their own businesses.
At this stage Bookkeeping is not regulated and anyone can set up shop as a bookkeeper. The only exception to this is if a bookkeeper wants to perform BAS and BAS related services to clients. The reason for this is that the provision of the BAS is caught up in the taxation legislation, which is very specific about who is eligible to perform BAS services for a fee.
Due to this if you want to provide BAS services for a fee, you will need to satisfy certain criteria so you do not get into trouble with the ATO.
If you perform all other bookkeeping functions for a business and just give the client the reports for them to complete to BAS form and you do not complete it, you do not need any special qualifications or professional memberships.
I often get asked if Bookkeeping itself might become more regulated and it is possible as it rises in popularity and is now looked at as a quasi profession. Since the provision of BAS services is wrapped up in taxation legislation, the provision of BAS services for a fee will become more regulated as with the proposed introduction of the BAS Agent Registration legislation and bookkeepers will need tp incerase their skills and knowledge to continue being competitive in their own businesses.
Saturday, August 1, 2009
Start Your Own Bookkeeping Business
When I wanted to start my own bookkeeping business I was surprised that there was not a lot of information on the market about it. I wanted to work when it suited me and around my family requirements, not the standard 9-5 role offered at most organisations. I needed flexibility but wanted something challenging. I was also sick of being paid only what my boss thought I was worth and found a salary cap due to the word "bookkeeper."
Slowly as the profession is becoming more recognised, the rate of pay has been increasing, but for better rates it is imperative to be working for a bookkeeping business or consultancy service. This improves your hourly rate and is creating a tangible business which is very tax effective.
After many months of trial and error working on my own business, I finally worked out my own formula for success. I ended up even getting additional bookkeepers to service clients for me as I expanded and the business grew.
After years of experience and working out how best to run a bookkeeping business, I have written a book for anyone wanting to start their own business and take control of their career.
Slowly as the profession is becoming more recognised, the rate of pay has been increasing, but for better rates it is imperative to be working for a bookkeeping business or consultancy service. This improves your hourly rate and is creating a tangible business which is very tax effective.
After many months of trial and error working on my own business, I finally worked out my own formula for success. I ended up even getting additional bookkeepers to service clients for me as I expanded and the business grew.
After years of experience and working out how best to run a bookkeeping business, I have written a book for anyone wanting to start their own business and take control of their career.
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