In this week's episode, we are discussing how to start a virtual bookkeeping business. https://www.balancedfi.com/virtual-bookkeeping-business/ Starting a virtual bookkeeping business is a great side hustle or small business IF you know what you’re doing. Setup costs are low, there’s a low barrier to entry, and training is readily available. A virtual business easily crosses state lines and time zones, so you can work when you want to.
Welcome to the Balanced FI Podcast, episode 40 - How to Start a Virtual Bookkeeping Business, based on my own experience in starting one. I’ll walk you through the major decisions you need to make, step by step, to get this side hustle off the ground.
The most important reminder is to not fake your qualifications; don’t pass yourself off as a bookkeeper with no knowledge or experience.
We’ll cover the basic steps, like
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RESOURCES:
Read- How to start a virtual bookkeeping business
Read- It’s Not Easy Parenting a Child with Disabilities
Read more- Debt Payoff Journey
Read more- Financial Security Steps
Resource- Choose a business structure
Resource- About Form W-9, Request for Taxpayer Identification Number and Certification
Resource- Register your business
Resource- Apply for an Employer Identification Number (EIN) Online
Resource- Intro to Accounting Training Course
Resource- National Association of Certified Public Bookkeepers
SOURCES:
Buy- Wireless keyboard & mouse combo