There are many reasons why bookkeeping and accounting businesses make great small, home-based businesses, and they are recognized as such by all industry professionals.
Over 100,000 new businesses are set up every week in the United States, and every one of those companies needs the services of skilled accountants and bookkeepers. For those with the skills and the nose for business, there is plenty of money to be made in this field.
Most importantly, US law decrees that companies must complete accounting procedures every month in order to allow the accurate calculation of taxes and fees. For companies without staff that specialize in these complex legal areas - i.e. most companies, this can be time-consuming and stressful. The majority of small businesses look to small business accountants and bookkeepers to manage this side of their business.
Small business bookkeepers, who do bookkeeping and Accounting, need not have attended college and, in fact, many of the college courses focus on the accounting needs of large, Fortune 500 companies - making the knowledge of little value for small businesses. Given that small businesses account for 85% of the positions in this field, understanding the needs of small businesses is paramount to the success of small business bookkeeping. Discovering and learning these skills requires only a television, a DVD player and around four weeks of your time.
Running a home-based business of this nature comes with the added bonus of setting a good example to your children. Able to witness their parent(s) at work, children have the potential to learn something meaningful about the value of work from the comfort of their own homes. Your children will also be able to pick up time-management and communication skills just by watching you work.
And many cohabiting couples find the ability to share the workload ideal, able to distribute tasks according to ability and interest or to share them equally.