With bookkeeping as an essential part of business life, it isn’t always in the best interest of the company to allow just anyone to take care of the financial position of the company. Having a bookkeeping company take care of the financial pressure can make your business more successful.
It is possible to start a bookkeeping company, and many of these become very successful if you have the right mindset for the working environment. However, you still need to keep your own business up to date and this is even better if you allow your clients to pay for your service using a credit or debit card. A bookkeeping merchant account will give you more flexibility with your clients than ever before.
Understanding where to set up your business is important; it might be possible to work from home. Having a home office can save you money; not renting office space when you first start up the business is one less expense. Nevertheless, will it affect the clients that you can attract; will they be looking for a more professional service?
The premises that you run your business from will depend on many factors, including if your mortgage company allows “at-home” businesses. Your local government and neighbors might object, too.
Ensuring that you have permission and hold the correct licenses for the business you are running, then the choice is yours. However, working from home is a two-edged sword. Working late into your time, starting before normal office hours is great if you are getting paid and getting ahead with the work on the odd occasion, giving you time off when you want. If this starts to slip into daily practice it can become draining and your family will suffer too.
If you want to work from home, then providing your clients with impeccable service is your best option. Give your clients the confidence to ensure their information is safe with you at your home and that you respect their need for confidentiality.
Some businesses experience a greater volume of clients in an office-based situation rather than at home, but if your home-based business works for you then don’t change unless you have to.
Need a Bookkeeping Merchant Account? Contact us today to set one up in as little as 48 hours!