Most businesses cost tens if not hundreds of thousands of dollars to launch.īut not your bookkeeping business! Get going for less than $1,500 smackers…in the world’s #1 most profitable business. And, some of the items I list above you can hold off on purchasing right away. If you’re a thrifty person, I know you can reduce that amount. Okay, if I did my math right (please, say I did else I might need to find a new line of work) – that means your estimated startup costs are about $1,404. To understand what might work for you check out this helpful post about best business structure from. But, like errors and omissions insurance I stress the importance of you having it.īTW…when you setup a business entity, there are several flavors. You could begin your business without setting up as a corporation or limited liability company (LLC).
But, I am going to to benchmark it to be $300. This can vary SIGNIFICANTLY from state-to-state and county-to-county.
setting up your bookkeeping organization, getting your business license and paying some other well-used taxes (uh-hummmm).
fancy pants computer safety software (like disk encryption, password management)…this runs about $185.Don’t start a bookkeeping business without it!
But, just in case, you MUST have this insurance. Just like any other insurance, you hope you never have to use it. What exactly is errors and omissions insurance? Well, in case something goes awry, you commit an error or you omit ~ forget to do ~ something, this is your saving grace.
So why not see what all the fuss is about and download EasyAs Free for 30Days so you too can see for yourself just how pleasurable accounting can really be. With our software you can start from wherever you are right now and be up and running in just moments. With our accounting program you don’t need to be an accounting expert, you don’t need to have any previous bookkeeping experience, and you don’t need to be a wize at the computer. EasyAs has been created specifically for the Contractor, Subcontractor and Small Business Owner who is looking for software that offers a back to basics approach to bookkeeping.