Thank you for this useful information. I am a new Advanced ProAdvisor (QuickBooks Online) and I have the intention of starting my book-keeping service in Nigeria. Online book-keeping service is still new here in Nigeria, so I am wondering if you could offer some tips for emerging markets book-keeping services.
@5MinuteBookkeeping4 жыл бұрын
The best tip I can give you is to stand out from the competition. If you do what others are not doing - you will never have to compete on price.
@seamlessaccountingsolution50824 жыл бұрын
@@5MinuteBookkeeping many thanks.
@shaztec10216 жыл бұрын
Thanks for valuable information
@5MinuteBookkeeping6 жыл бұрын
You're very welcome!
@1975muse4 жыл бұрын
Hi, Veronica! Ideally, how much is the annual revenue of a startup vs growing business? I'm trying to pick between the two of them :) Thank you!
@5MinuteBookkeeping4 жыл бұрын
Hi. It varies depending on the "startup". There are some businesses that are startups that have millions of dollars in revenues. I would say that for your purposes, I would use $300K as a guideline. A business under $300K generally has less than 3 employees. A business with over $300K in revenue has more complex needs than a business with lower revenues.
@debbabe22546 жыл бұрын
I think that this is an important topic, but I am not sure that specifics were given as to how to market to your 'ideal' client. Are you recommending that people say "bookkeeping services for established business, owners must be over 30, and must see you profit & loss before I commit"? Or, does one start a website and then, if someone calls that is not a 'desired' company, you tell them 'no' over the phone or via email? How did you set yourself up as a boutique business? You have started the discussion, but not offered any ideas as to how to GET these 'best' bookkeeping clients. Please say that you will have a 'Part 2' to address these solutions.
@5MinuteBookkeeping6 жыл бұрын
Hi. You bring up some very good points. This is the first video in a series in which I will get into these topics. You can subscribe to my channel and get notifications about new videos. I post them once a week. I just published the 2nd video in the series.
@debbabe22546 жыл бұрын
Subscribed. I really enjoy your concise, well-produced vlogs. I believe that this is an important topic and, even if you don't have all the answers, I would hope that subscribers might be willing to contribute their ideas in the discussion section. I have been a bookkeeper/accountant for over 20 years and the landscape is constantly changing, as is the way to find clients. I look forward to your next video on this vital topic.