Bookkeeping Supplies Needed to Get Started

Starting a bookkeeping business does not take a lot of money, but you will need some bookkeeping supplies to get started. Following is a list of the basic supplies you will need to start and maintain your bookkeeping company.

Advertising & Marketing Costs

You will need to decide how you are going to advertise and market your company. At minimum, you will need to buy or make business cards and a basic website so your clients can easily find and contact you.

In addition, you will need to set aside a monthly marketing budget for obtaining clients and for keeping the clients you have.

Equipment

The basic equipment you will need to get started is a computer, printer, fax machine and telephone.

Software

Once you decide what software you will be using to do your bookkeeping work, you will need to purchase this software. You can run a great bookkeeping business with QuickBooks and Microsoft Excel. Click here to read more about these bookkeeping software for small business.

In addition, you will need a program to send emails and manage your contacts. Gmail and Microsoft Outlook are good free options, but you might consider setting aside a small monthly fee to invest in a more professional contact manager that allows you to offer a more outstanding service in every way. Oprius is one example of such a contact manager and can be obtained for $15 / month.

Office Expenses

You will need to set aside a monthly budget for ongoing expenses such as a telephone, fax and internet line as well as a budget for paper, pens, folders, desk organizer and other office supplies that you will need to operate your business.

Office Furniture

If you are working from home, you will need a desk, chair and probably a bookcase and filing cabinet. In addition, whether you are working at home or in an office, you'll want to consider where you will sit with your clients when you are meeting face to face.

You want your office space to be warm, inviting, but professional and allow you to work comfortably and organized.

Printing and Graphics

Some printing and graphic items you will want to invest in when you get started are your company logo and letterhead.

Time

The good thing is that a bookkeeping business doesn't require a lot of money for bookkeeping supplies and other start-up costs. However you will be investing a lot of time to get your business started.

The first two years are the most critical, because you are putting in a lot of time and effort before you see significant results. You are building your reputation at this point and the decisions you make in these first years will determine the ongoing success of your bookkeeping business.

So be sure to budget for time when you are counting the cost to determine if you are ready to start a bookkeeping business.

Return from Bookkeeping Supplies to Start a Bookkeeping Business

Return from Bookkeeping Supplies to Stress-Free-Bookkeeping HomePage