3 Bookkeeping Business Fails You Gotta Stop! [Starting a Bookkeeping Business & Accounting Firm]
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- เผยแพร่เมื่อ 1 ต.ค. 2023
- Starting a bookkeeping business? Here are three KILLER fails you gotta identify and avoid.
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I clicked for the title, I stayed for the shirt.
Free to choose baby.
Haha 😂😂😂
Love it.
Rothbard and Roth conversions.
This is gold right here, thank you so much!
This is so true. Market yourself as a business analyst with experience in accounting. Otherwise they won't see value. Great video and awesome advice❤
I’m not sure lying is the best way to start 😅
Thanks Rob! So glad I saw this!
Wow, awesome video! Way to break it all down, damn near spot on! You rock man
I extremely like the video, man. Very helpful and informative. Thank you very much. It is presented so well too. Great, positive work.
Thank you for the video and your time. Good stuff. 😎🤟
Golden. A lot of insights here. Thanks for making this vid
Thank you! This is valuable.
Awww, thank you so much
Rob! We appreciate you, I appreciate you. This was so so good. Thank you
Oh Catreal, God uses your encouragement in big ways. Thank you
Thank you for the great content! It’s so helpful. Golden nuggets.
Happy to help!
Thank you, this video is awesome! So is your Milton Friedman shirt, I've never seen one before. You've inspired my subscription.
Thanks for valuable suggestions.
I love your energetic contribution to all new Bookkeeping freelancers.
I really appreciate that
thank you! I saved your video so I can rewatch when putting together my discovery questions...so valuable! Can you recommend any tax mitigation resources for beginners? appreciate you!
Why would you charge $300 a month? That is insanely low. While i let clients tell me what their budget is i won't do anything less than $600, some clients have offered me $1,000 a month to start. Listen and write down what they want/need. Notate what their company is doing in the beginning and when you increase their monthly income, ask for more; $100 - $200 more.
I NEED A LIST OF THOSE QUESTIONS TO ASK LOL. IM COMING FOR MY WEBSITE & MARKETING
I can make you a website up and running for $1500
Loving the Milton Friedman shirt.
Honestly, do you really get business owners to open up to you all those highly proprietary and sensitive details about their business?
If you’re authentic, worthy of trust, curious and help their organization - a huge percentage of your small business clients will share soooo much.
You see, there’s a common bond between entrepreneurs and business owners, almost like people who play the same college or pro sport….
You share the same troubles, struggles and similar goals.
You should nurture a curiosity about their lives and be genuinely interested, rooted in a love for others, and it almost always grows into a pretty deep relationship.
But not all people are like that, and it’s not always apprpriate.
But if you don’t know the future goals and past stories of your customers, you literally cannot be a good accountant or bookkeeper.
Can we record the conversation?
Sure
One party consent is all that's necessary to record a conversation. If you're a party in the conversation and you agree, you can legally record it without their knowledge or permission.
@@Paul-in-Viet-Nam
There are quite a few states that require two party consent. California, Delaware, Florida, Illinois, Maryland, Massachusetts, Montana, Nevada, New Hampshire, Pennsylvania, and Washington.
So Socratic selling...... Sounds just like Bill
Finally, someone speaking the truth
I am Sri Lankan.Sri lanka is south Asian country.I have an idea to start virtual bookkeeping business .I am going to offer my services to the USA and canada.Is it realistic goal? Can i get clients becauase i live in foreign country.?
I think you will have a hard time selling your service from Sri Lanka
@@isabellathepinkpoodle639reasons?? Coz I’m also from Africa and will want to know if I will face a similar problem or not.
It depends on what you can offer them and how you advertise. If you can differentiate yourself by being lower cost, or higher quality you might be able to get clients, but the problem is having a foreign person have all these details when they are in a very different time zone and potential language or cultural barriers. Also, you need to find a foot in the door for the US or Canada so that you can get them to recommend you, or have references.
@@ImEli2215 Bookeeper from Canada here! Unless you know how things work here or in the US (Tax code, sales taxes, etc) "bookkeeping" alone wont cut it. I will have to put some time in learning the tax code of the province/state you want to target. Good luck
@@cintiavpena Thanks for the response. i appreciate
Imagine supporting an economist that relied on disingenuous and hypocritical concepts. Good bookkeeping info tho
Imagine thinking you can defend against any principle Friedman taught. Provide one example of a Friedman principle you can soundly dismantle.
@@FeedbackWrench Oh, ok here are some the come to mind.
1.Friedman's support of deregulation and free markets has contributed to economic instability, as seen in the 2008 financial crisis.
2. His belief that the only social responsibility of business is to increase profits has been short-sighted and harmful to society.
3. His advocacy of school vouchers and privatization of education has undermined public education and exacerbating inequality.
4. His opposition to minimum wage laws has been contributing to low wages and poverty.
5. His advocacy of a flat tax has been disproportionately benefiting the wealthy and increasing inequality.
6. His views on exchange rate regimes and monetary policy have been contributing to currency crises and economic instability in developing countries.
7. His support of neoliberal policies has been contributing to the decline of labor unions, the erosion of social safety nets, and the increase in income inequality.
2008 we got Dodd Frank and it was the “equitable” crowd lowering standards of lending while still sending them to Fannie and Freddie - literally opposite of what you claim and the results were from increased meddling.
The 2008 crisis is 100% the fault of government socialists asking to lower the standards required for mortgages that they then sold as AAA rated bonds.
@@kbro66182 - business cannot do any other social responsibility by FORCE.
Long term viability and pursuit of profitability and continuation either drives toward moral and ethical business - or cronyism.
It is your very “regulators” that create the opportunity for cronyism.
@@kbro66183 - every aingle thing Friedman mentions about schools is shown as factual before our very eyes.
We’ve never had higher spending on education, nor have we had such a terrible outcome.
The assumption that when given a choice, all people would flee the public schools, shows what you actually believe in the all you can eat buffet nonsense of public schools.
Also, wherever a charter school or choice is provided, the students, families and teachers line up - obviously this shows a hunger for choice.
Last - schooling is so obviously not worth it, that our government funded “loans” are such terrible returns on investment, that students cannot pay them back.
It is the policy of Friedman opponents that has lead us to this point and we are reaping the consequences.
School choice is great for teachers and students and families why would you be so racist to force people into schools simply by the zip code they can afford (noting that costs per pupil in underperforming and challenged communities is dramatically higher than any elite education district.
More money does not create better outcomes and the evidence is teeming around us