Step-by-Step Guide: How to Start a Bookkeeping Business in 2024

[@maskipap1641]

I am on my 50's and been a nurse for 2 decades. I would like to try bookkeeping business. Why not? After watching all the videos, i was so encouraged and motivated. Thank you so much. Really appreciated especially for a very beginner like me. ❤ all the best!! 🇬🇧

[@BookkeepingExpert]

Thanks for watching!

[@irinkamandarinka1517]

Zach, thank you for sharing your experience! All your video are very interesting and helpful. As an educated accountant who works in QBO I have to ask you one thing: PLEASE don’t say that knowing bookkeeping fundamentals is not necessary 😭 It is vital!!!! Learning how the software works will not be enough to become a good bookkeeper. I’m not saying going to college if you don’t pursue an accountant license but PLEASE ASK EVERYONE to take a 101 bookkeeping class. I cannot tell how many books I had to clean-up after QBO “pro advisors” who lacked bookkeeping knowledge. Thank you again! And please keep sharing your experience.

[@BookkeepingExpert]

Thanks for watching! 😁

[@grandtheftbitcoin]

is Bookkeeper Launch a good 101 bookkeepping class?

[@lyudmilaoliskevich6845]

​@@BookkeepingExpertok

[@Happiness379]

Thanks so much for clarifying, Zach! 🙏🏾 I got stuck for a week during my studies and business preparation. I’m getting back on the wagon again! 😀

[@BookkeepingExpert]

Keep working hard!

[@eliasgobble598]

I'm a big fan of yours. I work in public finance for the benefits, but am sick of living paycheck to paycheck. Learning my last CPA Exam score this week, then I hope to be off to the raves to be you. Thank you for the inspiration.

[@BookkeepingExpert]

Best of luck!

[@EcomCarl]

your journey is inspiring! 💼 the practical steps and insights provide a solid roadmap for anyone looking to start their own bookkeeping business.

[@BookkeepingExpert]

Thanks! I’m happy to help

[@kawaiisenshi2401]

I enjoy how down to earth his teaching approach is

[@colourlight6923]

Respect and love from Bangladesh...

[@BookkeepingExpert]

Thank you!!

[@zamirag1]

I have similar background as you my husband is an owner operator and I’m the dispatcher for 3 years now. I do all the bookkeeping for our business. I have bachelors degree in financial accounting and already have have my QB pro advisor certification and QB certification. My question is I want to target more owner operators for clients but do they actually hire bookkeepers since they already have so many other expenses for dispatching, factoring etc ?

[@menchiedelosreyes5591]

Thanks for your video. Im starting my career as virtual bookkeeper. I failed in my Quickbooks Pro Advisor Certification and can retake it again end of July. Hope I pass this time. Its hard to find a client nowadays because of competition. Thanks for your tips and suggestions, I'll try to apply some of those you've mentioned. Sending my greetings from the Philippines.

[@BookkeepingExpert]

You can simply sign up with a new email address and try again with the QBO certification

[@menchiedelosreyes5591]

I didn't know that. Thanks a lot.

[@patrickjefferson1819]

Zach thank you for your videos. I have quickly become a fan of yours. I have a degree in accounting and I'm a former IRS special agent. My question is what method did you use to study and prepare for the QuickBooks exams? Than you!

[@BookkeepingExpert]

I just looked through the material on the QBO website

[@infinite-guitar]

good videos, just noticed your sweatshirt, my alma mater too 🥰

[@BookkeepingExpert]

Penn State!

[@infinite-guitar]

@@BookkeepingExpert Nittany Lions! the GOAT. I was there when Joe Paterno was coach, with Dave Joyner and Lydell Mitchell ( a long time ago ). Is Syracuse still painting the lion statue orange ? (the bastards LOL)

[@jeffwilliams7054]

Ty

[@BookkeepingExpert]

Thanks for watching!

[@sue9126]

Hello, Zach. I started watching your youtube and decided to follow your steps and instruction. Do you think that it is applicable for online bookkeeping business as well? Please let me know. Thank you.

[@BookkeepingExpert]

Absolutely! My business is 100% online

[@jacobsanders2682]

Zach do you have any videos on setting up a brand new business’ trial balance? Or do you not target brand new companies?

[@BookkeepingExpert]

I keep it simple. I add expense accounts as needed. I don’t have a blank template for all businesses

[@natagonzal]

❤

[@BookkeepingExpert]

😄

[@faridakintanar5252]

I am an accountant, worked in Finance, and working on my CPA license, just need my required CPE credits after passing and getting experience verification . I recently quit my corporate job due to burnout and would like to start my own business. How easy is it to set up to start a bookkeeping experience without knowledge in Quickbooks at all? Also, can I both be a bookkeeper and accountant at the same time? Not expecting to earn as much as I did when I was in corporate but I need the flexibility of owning my own time and not working 50+ hour weeks.

[@BookkeepingExpert]

It's very simple, but it's incredibly hard to succeed

[@osgenerals2751]

How were the CPA exams for you?

[@AccountingByRezaFreedomNyauta]

Hello bro,, I really enjoy your content. Can you please do a video on Quickbooks Online Accountant. Im Freedom Nyauta from Zimbabwe

[@BookkeepingExpert]

Yes!

[@financetips]

What Pic is in your background? Looks like Cape Town!

[@BookkeepingExpert]

I’m not sure 😅

[@financetips]

@@BookkeepingExpert lol We a bookkeeping Firm in Cape Town, that pic is Camps Bay,I swim it every weekend!

[@marshalleastin1753]

How does your relationship with your CPA work? Do you pay them to review the books you do or does the client pay them? How do you talk about the difference between you and a CPA to potential clients?

[@BookkeepingExpert]

Client pays me to do bookkeeping and client pays the CPA to do their taxes. Separate things

[@Taleemboy]

I have been watching your KZbin videos for the last two weeks. Yours was the most value-added video I found today. Thank you. I have created a better and attractive thumbnail for you. I am a thumbnail designer. Do you want to see it?

[@BookkeepingExpert]

Glad it was helpful!

[@Taleemboy]

Thanks for reply 😃

[@atsadvisors6036]

Hello , I am a bookkeeper from Nepal . I am doing bookkeeping business here . i want work with foreign client with low cost . how can i do that.Hoping you reply . Thaks in advance..

[@BookkeepingExpert]

I’m not sure, sorry!

[@renewyourmindtransformyour4917]

Hey Zach, I am an international student here in the US and thinking of doing this Book keeping business. Do you know if it would be a problem based on my visa status?

[@BookkeepingExpert]

I'm not sure, sorry

[@169-sardarsingh4]

Sending Love & Respect from Pakistan🇵🇰. I am a fresh BBA graduate, I have learnt doing Bookkeeping in Excel, QuickBooks & Xero. Is it enough?

[@BookkeepingExpert]

Yes, you can do it!

[@kelleymoore6080]

Is a website a must?

[@BookkeepingExpert]

No, but it’s relatively easy to set up and can help a lot

[@Greg_Chase]

A key draw to your content I finally came to understand. It's a subtle point. At first I wondered if it originated in a religious background. I finally found it today in one of your other videos - "The Three P's" you mentioned as the way to interact with people: Positive Polite Professional Your content is so easy to consume, I think the Three P's is the reason for it. It's a key differentiator imo because few YT creators have it (besides the fact that I'm really interested in finance, accounting etc.). Thanks for all the hard work you do creating this great content. .

[@BookkeepingExpert]

Wow, that is so nice! Thank you so much 😊

[@p.asirb15]

Thanks for sharing this information with us. I just have one question. Do you focus only on bookkeeping or do you also do payroll for your clients?

[@BookkeepingExpert]

I only do bookkeeping

[@dhuratadobbins3001]

Did you go to Penn State???

[@BookkeepingExpert]

Yes, but Online only

[@rishuagarwal1757]

Hi, i am from India. Watching your videos from a couple of weeks. I want to know that can i build my bookkeeping business in US from India? Like everything would be cloud based, so is it possible?

[@BookkeepingExpert]

I'm not sure! I've never done it

[@bebe4235]

I’m pretty sure you would need to be a US citizen / resident to create a US business. May I ask why you wouldn’t want to create your business in your country?

[@SilviaArrambide]

Where did u study bookkeeping?

[@BookkeepingExpert]

Penn State

[@jgclarke0352]

Ok but how do u do those things

[@BookkeepingExpert]

Maybe you could check out my course, I go over everything!

[@ChocolateBubbleSkater]

@@BookkeepingExpert how do I do that??? (Joking) thanks for all ur content!!

[@ChocolateBubbleSkater]

Bookkeeping 🐐

[@nasraadan7994]

I want to start booking in netherlands but I don't know where to start and how to get a client. I have accounting and finance BSc and I am working as Account payable specialist at the moment but I am not good at it.

[@eliasgobble598]

What kind of clients are willing to pay you $300-$500 per month without being too big and complex?

[@BookkeepingExpert]

Pretty much every business who needs help with their bookkeeping, but does not have an office manager or accountant on staff

[@MuhammadUsman-io1iv]

How can you say to do bookkeeping you don't need to learn.. 🤣 Finally you also came to the point "learn accounting" and without learning accounting you can't be bookkeeper.

[@BookkeepingExpert]

Continuing education is always a good idea

[@td4611]

I own several businesses and wouldn’t hire a bookkeeper with no experience. I wouldn’t hire someone who didn’t have a knowledge of business finance. You can’t fake your knowledge with someone who has knowledge and experience.

[@josephbrown8968]

I’m curious about this feedback as every bookkeeper has to begin somewhere. What are the requirements you think should be met for beginning bookkeepers like myself? College degree, business knowledge, internship experience? Would love some feedback on this!

[@BookkeepingExpert]

That's why I always recommend that everyone becomes a Certified QuickBooks ProAdvisor before they get their 1st client

[@Showstoppa20]

Just because you wouldn’t, obviously someone would. He has 60 clients already and is a certified quick books pro advisor. Which that certificate alone helps with the knowledge component?

[@Frankelmind1]

@@Showstoppa20yes it does

[@storyenthusiast11]

I am a part qualified ACCA i have decent knowledge and started my bookkeeping business