Every business requires the services of a bookkeeper but not all can afford to maintain one on a full-time employment.This gap creates business opportunities for individuals with bookkeeping skills and others who do not know a thing about bookkeeping and accounting but are willing to learn.

Bookkeepers are responsible for maintaining the books of account of businesses.They identify,classify and record the financial transactions of entities on a daily basis.Their services enable business owners and other stake holders to assess business performance over a specific period of time and in making decisions.Their services can also help businesses identify issues that could jeorpardize success e.g fraud.

A bookkeeping business is a simple,low-cost and profitable venture.It can be operated from home,on a small scale or on a large scale with many employees and large client base.The business is not regulated.Hence,does not require any degree or certification.The following steps are required to start a bookkeeping firm:

A business without an effective business plan is not likely to succeed in a competitive environment.The bookkeeping business is no exemption to this rule.A prospective bookkeeper needs to write a business plan for guide and focus.He must first of all,get his business to work on a piece of paper,just like every other serious businessman should do.

If you don't have a savvy of bookkeeping,register for a class or get someone to teach you or better still,buy or borrow a textbook.If you were my neighbor,I would have lent you one.Most bookkeeping books are user-friendly which you can study unaided.

Register a business name with the C.A.C. to give your business a professional image.The name should be catchy,easy to remember,short and should reflect the nature of business.ABC Bookkeepers is a typical example of a good bookkeeping business name.

Determine the cost of your services and how you intend to charge clients.Some bookkeepers charge monthly,others per hour or per work volume.What is important is that your fees should be able to maintain your expenses,stand-out among competitors and ultimately,provide net profit for you the Chief Executive.

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Get yourself a laptop.Choose and master an accounting package to make your work easier.Those new to bookkeeping are advised to get acquainted with quickbooks.It is more user friendly than peachtree and does not require a lot of accounting knowledge.

Market your services.You can start with the supermarket or store close to your residence.Build a website or a blog to create online visibility for your business.You can create a blog at google blogger.It is free,fun and involves simple steps.Create a facebook page and advertise on social forum like Nairaland.Tell friends and family members about your new business and persuade them to spread the word.

Lastly and the most important one,You have to be as professional and ethical as possible in managing your clients.Always remember that your clients' information are confidential and should be treated as such.I wish you success in your bookkeeping business.

If there is any aspect of this post you are not clear with,please draw my attention to it.

Please can you recommend a place or someone to teach me bookkeeping

How To Start Accounting Business In Nigeria
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