Any advice for starting up your own bookkeeping company? Is it worth it? Can you get decent money from it?

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For the time you’d need to put in, you can make some decent money. The ability to find clients will be the hard part and the biggest determinant of that.

I’m already half the way there with that, being known by small business in the local area. Lots of clients willing to join

I have a friend who started his own business back in May. He has been highly successful and is in multiple states. You have to put in the work but it can be worth it.

Wow that’s great. That’s motivated me to keep going, thank you!

If you have the skillset and bandwidth, as well as the connections, I think it could be a good side business. I have a friend who runs a bookkeeping company in addition to her regular job. I could never personally do it full-time because of the taxes and lack of benefits, but plenty of people make it work.

Lack of benefits in what way?
I think having full flexibility with time off etc would be great! Also I’m in the UK, so we can also pay into self employed pensions too, and don’t need medical insurance of course

Agree with what the others said. Finding clients is the hard part but there's still some demand.

Okay amazing, I feel that I can do that bit alright!

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