Your example about your yard is right on! It’s all about value. I would argue that once you calculate what your time is worth per hour and know that you can hire someone to do that activity for less than your personal per hour rate, hire them immediately. Because that’s lost opportunity cost for you.
If I ever hear " uhhh that's more than what I expected " or your price is too high" then they are not the right fit. They need to see my value to pay my price. If they don't see my value then they think they can do it themselves and save that money 🤦♀️ the clean up and catch up will cost more 💯
Hi Krista ... really like your channel just found you after Booming Bookkeeping Business sticker shock of $6K for there program. I am going through your video content. I am enjoying it. Thanks for your YT channel. I am still in sticker shock on 6K price tag. Can this be done on your own any thoughts on DYI or a cheaper option to becoming a Bookkeeper but still get trained? Thanks again for any directional help and assistance.
Hi, I wanted to know which one do you suggest to someone looking to start their bookkeeping business. Booming bookkeeping business or bookkeeper launch? Thanks
Hey Melisa, I bought multiple products from booming bookkeeping and they are okay. They lack a lot of detail in the courses although the information provided is accurate, it’s just not in depth.
Hey! Morgan did a review on Bookkeeper Launch a few weeks ago. You can check it out here: th-cam.com/video/rHdoIKITirE/w-d-xo.html Krista (FinePoints Admin)
This is about something different.. I don't reconcile a credit card..the CPA is ok with just a capital one card being used for gas.. so on bank feed I do capital one under vendor and expense gas... But now QuickBooks is giving me an error message I need to record this as credit card ??
It's hard to advise from afar. Is your Capital One set up as a CC in QB or a bank? I would prob do a JE in this case, maybe the total gas per month (assuming the CPA is on board).
Hi Morgan, I love your videos! You have helped me so much; thank you! I'm in CA too. I have different pricing strategies I've developed after years of working on this and studying. I have a flat rate for doing audits/diagnostics. Base flat rate is $450/month for comprehensive managed bookkeeping or rate of $85/hr. I don't do much hourly, though, and I usually develop a customized flat rate package approach for each client.
Your example about your yard is right on! It’s all about value. I would argue that once you calculate what your time is worth per hour and know that you can hire someone to do that activity for less than your personal per hour rate, hire them immediately. Because that’s lost opportunity cost for you.
Love the 5 feelings
Thanks Hector!
If I ever hear " uhhh that's more than what I expected " or your price is too high" then they are not the right fit. They need to see my value to pay my price. If they don't see my value then they think they can do it themselves and save that money 🤦♀️ the clean up and catch up will cost more 💯
Absolutely!
Krista (FinePoints Admin)
You always have such useful information ❤
Thank you for watching! We are glad you find Morgan's video helpful!
Krista (FinePoints Admin)
How about reminding them that we bookkeepers charge less than an accountant will.
Yes!!
Hi Krista ... really like your channel just found you after Booming Bookkeeping Business sticker shock of $6K for there program.
I am going through your video content. I am enjoying it.
Thanks for your YT channel. I am still in sticker shock on 6K price tag.
Can this be done on your own any thoughts on DYI or a cheaper option to becoming a Bookkeeper but still get trained?
Thanks again for any directional help and assistance.
Hi, I wanted to know which one do you suggest to someone looking to start their bookkeeping business. Booming bookkeeping business or bookkeeper launch? Thanks
Hey Melisa, I bought multiple products from booming bookkeeping and they are okay. They lack a lot of detail in the courses although the information provided is accurate, it’s just not in depth.
Morgan has a few videos on bookkeeping courses, she speaks highly of Bookkeeper Launch.
Hey! Morgan did a review on Bookkeeper Launch a few weeks ago. You can check it out here: th-cam.com/video/rHdoIKITirE/w-d-xo.html
Krista (FinePoints Admin)
This is about something different.. I don't reconcile a credit card..the CPA is ok with just a capital one card being used for gas.. so on bank feed I do capital one under vendor and expense gas... But now QuickBooks is giving me an error message I need to record this as credit card ??
It's hard to advise from afar. Is your Capital One set up as a CC in QB or a bank? I would prob do a JE in this case, maybe the total gas per month (assuming the CPA is on board).
What is the error message?
These are obviously not California prices! 😂
Yes, where you live in the US will impact how much you charge as a bookkeeper.
Krista (FinePoints Admin)
How much are you charging in CA? I'm curious! -Morgan
Hi Morgan,
I love your videos! You have helped me so much; thank you!
I'm in CA too.
I have different pricing strategies I've developed after years of working on this and studying.
I have a flat rate for doing audits/diagnostics.
Base flat rate is $450/month for comprehensive managed bookkeeping or rate of $85/hr. I don't do much hourly, though, and I usually develop a customized flat rate package approach for each client.
Love it! Thanks for sharing!
@@FinePointsBookkeeping
You're welcome!