Bookkeeping Practice
Bookkeeping Practice: Books and payroll for small firms. Bookkeeping is the cheapest professional practice in Britain to start and one of the stickiest to…
Books and payroll for small firms. Keep other people's books straight for a fee every month.
Bookkeeping is the cheapest professional practice in Britain to start and one of the stickiest to run: clients pay a modest monthly fee, almost never leave, and hand you their payroll as well once they trust you. You are not regulated as an accountant, but you must be supervised for money laundering, and you carry the risk of filing what a client tells you. Growth is a straight trade between the number of clients one person can hold and the hours you are willing to spend chasing receipts.
- Setup costs
- £1,000 to £8,000
- Competition
- High
- Category
- Professional Services
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