Looking for how to make money as a bookkeeper? Then you’re in the right place. Keep reading for some great reliable bookkeeping side hustles.
As an accountant (bookkeeper), you can enjoy a lucrative and exciting career. There’s an opportunity for you in virtually any field like the food and beverage, financial services, healthcare, manufacturing, information technology, entertainment, governmental administration, and education industries.
However, while this is an interesting thing about being an accountant, it’s important to know the reliable ways you can leverage your expertise and experience to make more money.
So if you’re ready to make money as an accountant (bookkeeper), here are the proven methods you should consider:
1. Affiliate Marketing
Affiliate marketing is a good way to create a side income for bookkeepers. It is a great source of passive income that you can venture into to make money as a bookkeeper.
Affiliate marketing involves promoting a company’s products or services online and receiving a commission for every sale made.
For instance, you can build a website or a YouTube channel and promote bookkeeping-related products and services. Since you’re just starting, you can narrow your niche down to a particular type of business owner that you want to work with.
To get the best results from your site or YouTube channel, ensure you provide useful information that will be helpful to your audience. When anyone clicks on the products you’re promoting and buys them, you will earn a commission.
2. Amazon FBA
You can also make money as a bookkeeper from the largest online shopping platform in the world. More than half of the sales generated on Amazon are from third-party sellers. Thus, there is room, for you to make extra income.
Amazon offers a platform through Amazon FBA for sending your inventory to Amazon where it will be stored in their warehouse. When anyone orders your items, the entire process will be handled by Amazon.
Amazon will pack the products, ship them, and also offer 24/7 customer service support. You can sell lots of things on Amazon.
Although there may be limited bookkeeping-related products that you can sell on the platform, you can jump on any hot selling product and make money from it.
3. Kindle Publishing
Amazon makes it possible for people to write and publish books via Kindle publishing.
Wondering why you should consider Kindle publishing as a side hustle?
Check out this statement that an Amazon spokesperson issued:
“Amazon’s US and worldwide Kindle book sales grew in 2017, and continue growing in 2018 with particular strength in Kindle Unlimited, Amazon Publishing, and Independent Publishing.”
Kindle Publishing is an ever-growing opportunity that you can earn from.
Although writing an ebook can be challenging if you have a 9-to-5 job, it can also be a blessing if you consider its passive income potentials and the impact it will have on your bookkeeping business.
As a bookkeeper, an ebook will make you more credible. It will also give your business the exposure it needs to grow.
If you have the funds, you can outsource the book to a reputable ghostwriting company or hire a freelance ghostwriter on Fiverr, Upwork, and other freelancing platforms.
4. Online Course
The internet has influenced the world we live in. The influence is so intense that we have moved online, and the way we learn is not spared.
According to Forbes, the global e-learning market will be worth about $325 billion in 2025.
As an entrepreneur, it is ideal that you consider creating an online course. If you’ve created an ebook, then it’s a good idea to also create a video version of the ebook. You can sell your courses on Udemy.
Udemy is an online learning platform with lots of free and premium courses on different courses. You will not be charged any fee for creating and hosting your courses on the platform.
Also, you can even publish as many courses as you want and be discovered by new potential clients.
You can create courses on different topics in your niche. For instance, you can shed light on topics that will help sole proprietors understand what income tax is, the things that count as business expenses, and strategies for invoicing and deducting tax amongst others.
Another way through which you can earn as a bookkeeper is by creating audiobooks. Lots of people are interested in learning bookkeeping and these people can be your target.
Create audiobooks on bookkeeping topics that you know people have challenges with. Apart from sharing your knowledge, audiobooks also portray you as an expert.
More so, audiobooks give you the exposure you need to attract clients that need your service.
Websites Where Bookkeepers Can Find Jobs
Now that you know the things you can do to make money as a bookkeeper, you may also want to know websites that hire bookkeepers.
Here are some of the best and trusted sites that can connect you to bookkeeping-related jobs on the internet:
Accountinglist.com is a website that is reputable for hiring bookkeepers for multinational companies. This site allows full-time employees to make an additional income by working on bookkeeping projects remotely.
Belaysolutions website has numerous openings which include part-time bookkeeping tasks. In addition to bookkeeping, you can also find openings for other related services.
Ignitespot.com specializes in connecting people with bookkeeping and accounting jobs. To get hired on this site, you need to have a good resume and cover letter. These documents must sell your skills and must also portray you as an expert.
Remoteworkhub platform recruits bookkeepers as independent contractors. This means that while you make a good income, you will not enjoy the benefits that normal employees enjoy.
ClickNwork employs different types of professionals, including bookkeepers. To start working on the site, you need to apply and s staff from the company will contact you when there is the right spot for you.
You can also join Intuit/TurboTax to make money as a bookkeeper.
Although this site provides seasonal jobs, the company can also hire you as a permanent staff with time. You will work on the site by offering support as an at-home CPA to the platform’s turbo tax users.
7. Flex Jobs
Flex Jobs offers jobs that are not limited to bookkeeping. They also provide writing jobs, virtual executive assistant jobs, and lots more. The flexible working hours that the site offers will allow you to take jobs that fit into your schedule.
They also offer job-sharing opportunities.
This list will not be complete without mentioning Fiverr. To work on Fiverr, you need to register an account. Once you have an account, you can then start bidding for jobs or promoting your services.
Getting started on Fiverr is easy. Just ensure you have a professional profile with a profile description that sells your expertise. Also, ensure your gig (service) descriptions portray the uniqueness and benefits of your service.
These will convince prospective clients to hire your service.
How to Market Your Bookkeeping Business
Just like any type of business, your bookkeeping business will fail if you don’t promote it. So, how do you promote it to attract more clients? You can use these strategies:
You can promote your bookkeeping service by designing and distributing business cards. Send an impressive card to each of the contacts on your phone. Let them know you can handle the bookkeeping needs of their businesses at affordable rates.
Talk about your expertise on social media platforms like Facebook, LinkedIn, and Twitter.
Cold call your prospects and sell the uniqueness and benefits of your bookkeeping service to them.
Send out brief emails to those on your list and describe your bookkeeping skills to them. You should also focus on building your email list and offering valuable information to those on your list.
Design an eye-catching website to attract potential clients to your service and encourage them to hire you.
You can also market your bookkeeping service by participating in forums like those that exchange views on bookkeeping. Let others know your opinion on hot topics and let the forum members know that you are a bookkeeper.
Paid advertising, such as Facebook ads, Google ads, or Twitter ads, can be powerful in marketing your bookkeeping services. This is a great way to reach potential clients.
How Much Do Bookkeepers Make?
Bookkeepers make good money for the services they render.
According to The Bureau of Labor, the median salary that bookkeeping, accounting, and auditing clients earned in 2019 was $41,230 per year and $19.82 per hour.
As a freelance bookkeeper, you can earn between $20 and $40 per hour. Some pros earn up to $80 to $150 per hour. You can easily earn $500 by offering bookkeeping services.
Bookkeepers that are employed by a company earn between $35,000 and $55,000. This implies that a full-time bookkeeper working 2,000 hours per year can earn up to $300,000 every year.
Is bookkeeping a good side hustle?
Bookkeeping is a good side hustle; it can be rewarding if it is a task you love doing and you’re good at it. Think about it; every company will need a bookkeeper at a particular point.
This shows that there’s someone that needs the service of a bookkeeping service provider.
Can you make a living from bookkeeping?
According to the U.S. Bureau of Labor Statistics, the average bookkeeper working on a full-time schedule earns about $40,000 per annum (about $19 per hour).
As a freelancer, your hourly rate can be higher than this. These scenarios show that you can make a living from bookkeeping.
Can you work from home as a bookkeeper?
Yes, you can work from home as a bookkeeper. In case you’re wondering what work-from-home bookkeepers do, they provide remote bookkeeping and financial services for clients.
As a work-from-home bookkeeper, you can complete tasks from anywhere (except the office) with an internet connection.
There you have it; the side hustles you can venture into to make money as a bookkeeper.
Whether you want to make additional income so that you can retire early, or you want to settle your debts, I hope you got some ideas from these side hustles.
It’s glaring that the current job market is competitive.
But as a bookkeeper, you shouldn’t be bothered by this since there are different side hustles you can make money from. There are numerous online bookkeeping jobs that you can also do.
Apart from earning a reasonable income, these opportunities will also allow you to enjoy the freedom that accompanies being your boss. You will also gain the experience of working with international clients from all forms of business.
Don’t hesitate to market yourself. Doing business without marketing is like winking to a lady in the dark; you are the only one that knows what you’re doing.
If you’re ready to venture into a bookkeeping side hustle, then you can consider affiliate marketing. This side hustle opens you to lots of opportunities since there are lots of products that you can promote to make money.
You can also showcase your expertise through affiliate marketing and this can help you land high-paying clients.
If you want to take the freelancing route, then you can sign up on Fiverr and offer your bookkeeping services there.
Check out this post to discover some of the best accounting software that you can use to offer your bookkeeping service. Thanks for reading.