A career in Bookkeeping
A career in bookkeeping
A career in bookkeeping can be one of the most rewarding of careers. A bookkeeper’s main role is to gather and record the financial transactions of a business, detailing how much money the company makes and spends. Other tasks may include:
- Receiving and processing invoices for payment
- Processing payroll
- Calculating profit and loss
- Estimating revenue and expenditures
- Managing ledgers, and making sure the books ‘balance’
If you are considering starting a bookkeeping business eFolio Accounts will provide you with all the software you need to manage your clients, and data with minimal cost to you. There are a number of considerations you will need to make before you make the move.
Becoming your own boss.
Is a career in bookkeeping right for me?
If you are considering a career in bookkeeping, then having an aptitude for numbers is a must. You must be able to work to strict deadlines, and have high concentration levels. You must also be able to keep strict procedures, and be administratively strong.
Flexibility
One of the main reasons people want to work for themselves is the flexibility it offers lifestyle. Being your own boss is challenging but the rewards can be great, and not just financially. Being in control of your own destiny and your own time is very attractive.
Its a challenge
There is no doubt that managing your own business is challenging. There are a number of “plates” you need to keep spinning at any one time. Some of them are:
- Where am I going to get clients this week/month.
- What deadlines do I have this week for clients and what do I have to do to achieve them?
- What bills do I need to pay this week to stay within my credit terms with my suppliers?
- Have my clients sent in their information so I can achieve my clients goals and stay on top?
- And many more…
Getting new clients
How do I find new business?
Getting new clients is a very rewarding activity. It is a mix of activities to get them engaged with your business which includes:
- Networking.
- Direct Mail Campaigns
- Online Marketing
- Email Marketing
- Telesales
At the start the mix of activity needs to be high, and the business will eventually start to create referrals through existing clients if you provide a good service to your clients. Referrals are the lifeblood of your business as it grows.
If you are considering a career in bookkeeping or if you are looking for a robust system to manage all your clients books and records contact us for further information by contacting us.