Thursday, June 7, 2012

how much would i charge small businesses to do their weekly bookkeeping?

how much would i charge small businesses to do their weekly bookkeeping?
i am just starting out as a bookkeeper/ accountant and i know quite a few owners of small businesses. while i complete my accountancy course i want experience in the field, but i cant afford to work for free. how much should i charge them for weekly bookkeeping? a couple of the businesses have agreed already and they are willing to pay.
Small Business - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
$10 - $13 per hour.
Answer 2 :
you can find it in tools on this website http://sitefinance2.notlong.com/9AATvMT
Answer 3 :
$400.00 a month
Answer 4 :
I agree with Ella on this one. There are ways to calculate your time and effort put into work and finding others in the same field to do X amount of jobs, taking X amount of time per job, charging X amount is more reasonable than just choosing a number out of a hat. I would also venture a guess that your instructor would have a formula for you to decide that figure as well for a first job. Don't price yourself out of the market, you will be gaining experience and enhancing your resume as well. Good luck and success in all you do.
Answer 5 :
When trying to determine the rate to charge in any business there are usually a number of things you need to consider. I agree with Ella that you need to find out the standard rate but you also need to consider that you don't yet have real life practical experience and you need to take into account that the people you will be working for may need to help you learn these real life skills initially. So I would suggest: 1. Use Ella's link to find out a standard rate 2. Talk to the businesses about what they are willing to pay 3. Suggest to them that you would do it at a reduced rate initially but look to review the rate at a later and specified date Hope this helps :-)

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