How To Start A Bookkeeping Business

The New Enterprise Incentive Scheme assists eligible job seekers who have an idea for a viable new small business to establish their self-employment venture. It provides access to training in small business management, a 12 month NEIS financial allowance, business advice and mentor support.

We’ve had a number of wanna-be bookkeepers who have contacted us after going through the program. Strangely there seems to be some areas lacking in the direction that these bookkeepers are given

We’ve talked many times about the fact that having a “qualification” or completing a “course” does not necessarily make you ready to go out into the big wide world and start a bookkeeping business.

Unfortunately for the unsuspecting business owner, there are many so-called bookkeepers who have done just that. Then, when it’s too late, we’ve had desperate calls from those business owners wanting us to untangle paperwork and try and get thier bookwork in to some kind of order.

Considering that NEIS is a Government supported program it would make sense that the students would be made aware of legislation that may affect the operation of their business. So why do we have individuals want to set up as bookkeepers, who are totally ignorant of their responsibilities in terms of BAS lodgments?

How exciting to know that our hard earned tax dollars are being fully and efficiently utilised.