Launching a Freelance Bookkeeping Business: Insights and Tips

Embarking on a new freelance journey can be both exhilarating and daunting. My wife, with over 15 years of hands-on experience in the Accounting and Bookkeeping fields, is set to take the leap into entrepreneurship, and we’re excited to seek valuable advice from seasoned professionals in the industry.

With an extensive background that includes roles such as a staff accountant supervising payroll for over 800 employees at a cable company and managing Bookkeeping for various sectors like real estate development, construction, and automotive, she has honed a comprehensive skill set. Aiming to leverage her expertise, she is gearing up to offer her services to small to mid-sized businesses, providing an affordable solution for those in need of bookkeeping assistance.

Currently, she is completing her certifications with QuickBooks and finalizing her professional website. With her engagement letter drafted and an updated résumé in hand, she is now focused on establishing her client base.

It’s important to note that she will not be providing tax services and does not hold a CPA or EA designation. Her strengths lie in cleaning up disorganized financial records, generating profit and loss statements and balance sheets, and recommending cost reduction strategies. Efficiency through automation is also at the forefront of her service philosophy.

To facilitate her entry into the market, we plan to reach out to local CPA firms as a strategic starting point. We are seeking advice on the most effective method for making initial contact—should we prefer emails, phone calls, or in-person visits? Additionally, we would greatly appreciate any tips on how to create a strong first impression.

We intend to offer our services at hourly rates and are open to any suggestions on how to attract clients or general guidance on establishing a successful freelance business.

Thank you for your time and insights! Your expertise could be a game-changer for her new venture as she strives to make a meaningful impact in the financial landscape.