What is the “Best of the Best”? You might be surprised to learn that of all the possible business opportunities available today, a Bookkeeping and Accounting practice is considered by some to be one of the best. In fact, Paul and Sarah Edwards, authors of “The Best Home Businesses for the 21st Century,” rate a bookkeeping service as the “Best of the Best” home-based businesses. Below is a list of things that I think make an accounting and tax service such a great opportunity.
- It’s Mandated By Government — Every business needs some form of bookkeeping — whether it’s a one-person operation or the business has thousands of employees.
- A Great Income — A person can expect to earn more than $30 per hour — sometimes as high as $75 per hour. The average client billing will be $300 per month and require six to eight hours a month to complete.
- Inexpensive to start— For less than $1,000 a person can purchase everything they will need to get the business underway. Those that already have a computer have the biggest part of the investment taken care of.
- No Special Equipment Needed — Other than a computer, printer, inexpensive calculator, and fax machine, there’s no special equipment that’s necessary.
- Work Anywhere — Using today’s technology you can have clients anywhere in the world.
- It’s Easy — Accounting/Bookkeeping software has become easier to use. The most popular software on the market today is QuickBooks Pro (less than $250).
- No Outside Office Required — You need only a small area of your home for your office. It can even be in the corner of a bedroom.
- No Zoning Hassles — There’s no traffic in and out of your home, so zoning laws are never a consideration.
- Keep Your Present Job — You can build a part-time business while working full-time at another job.
- Work When You Want — You can perform the work during the day or night. It’s a great business to work around a busy schedule.
- No Inventory — You don’t have to purchase or maintain inventory.
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