Accounting 101 for Bookkeepers / Terminology, Financial Statements, Journal Entries
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- Опубликовано: 4 окт 2024
- 👇 Learn more about BookkeepingLife, and how we help you start your own bookkeeping business step-by-step! 👇
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Owning a bookkeeping business can offer several benefits, including:
1. Flexibility: As the owner of a bookkeeping business, you can set your own schedule and work from anywhere. This can allow for a better work-life balance and the ability to work around other commitments.
2. Unlimited earning potential: As your business grows, you can increase your rates and take on more clients, leading to increased revenue and profit.
3. Low overhead costs: Bookkeeping businesses typically have low overhead costs, as they can be run from home and require little equipment or inventory.
4. Opportunity for growth: As your business grows, you may have the opportunity to hire additional staff or expand into other related services, such as accounting or tax preparation.
5. Strong demand: Bookkeeping services are essential for businesses of all sizes, meaning there is a strong demand for these services. This can lead to a consistent stream of clients and revenue.
6. Personal fulfillment: Owning a bookkeeping business can provide a sense of personal fulfillment, as you help clients manage their finances and achieve their business goals.
Overall, owning a bookkeeping business can offer flexibility, growth opportunities, and a sense of personal fulfillment, while also providing a valuable service to clients.
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Hi, my name is Steve Crisler, owner and founder here at Bookkeeping Life.
I've been a practicing CPA since the year 2000 and I've been teaching people how to start and grow their own home-based bookkeeping business since 2018.
If this is something that interests you, hit the subscribe button so you'll get all my latest videos.
You can grow your own home-based bookkeeping business and I'll teach you how!
Best,
Steve Crisler, CPA
#BookkeepingLife #bookkeeping #virtualbookkeeping #bookkeepers #accounting #sidehustle #booming #remote
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We start at about the 6:15 mark.
👇Check out my subscription course here👇:
cf.bookkeepinglife.com/starthere
Hi Steve I want to become anew bookkeeper and I have a question?
@@Jamajaama hello, sure. Feel free to email me at steve@bookkeepinglife.com
This was great! Definitely helped me learn the DR and CR a lot better. Thanks!
Awesome! I’m glad it helps.
Hi Steve. Thank you so so much for this video. I am brand new and trying to learn and so many things out there are really hard to understand. Thank you for making things much easier to learn. It gives me some confidence that this is all possible lol. I really appreciate you and your videos.
You're very welcome!
Thank you so much!
You're welcome!
Very interesting.
Glad you think so!
Hi Steve, Do you get paid up front or after the works complete? How do you get paid and when?
Hi Steven. I like your name :)
I get paid up front mostly. There are exceptions and when starting with a new client, there a trust building phase, where you have to give a little. You don’t want it to be a barrier to working together. And bigger cleanup projects I get 50% up front then the rest before turning it over.
Each client is different, so it’s not a hard and fast rule.
But the main points are building trust with a new client and covering yourself.
Balance.
Hope that helps.
Steve
www.BookkeepingLife.com
@@Bookkeeping_Life thanks. Do you get paid by cash, check, through your website, paypal etc? What works best for this?
@@stevenwebbjrhistory electronically
Hi Steve I want to become anew bookkeeper and I have a question?
hello, sure. Feel free to email me at steve@bookkeepinglife.com
hi, could i ask questions to you?
Hello. Yes.
Hi again, I've tried to look for any contact details on your website but couldn't find any. The only way was to join your webinar. Am I correct?
Thanks
Or email me steve@bookkeepinglife.com