Have you considered starting a freelance bookkeeping business? We checked out an online bookkeeping course called Bookkeeper Launch that teaches people how to start a successful bookkeeping business online. Is Bookkeeper Launch worth it? How much does Bookkeeper Launch cost? Read on to find out! We have many Bookkeeper Launch success stories to inspire you.
Have you ever thought about making money as a freelance bookkeeper? You don’t need to be an accountant or CPA to start a profitable freelance bookkeeping business! Like many freelance online businesses, you can take a short course that teaches you everything you need to know.
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SIDENOTE! INVESTING DIVA!
Bookkeeping is a great side hustle that can help you make good money online. Here are a few other articles that are related to freelance businesses like bookkeeping:
- How to Make $100 a Week Extra
- How to Make Money as a Freelance Writer
- Learn How to Start a Transcription Business Online
- The Best Work-at-Home Mom Jobs Online
What is Bookkeeping and Who Needs a Bookkeeper?
Unfortunately, every business owner faces the dreaded task of bookkeeping. Businesses are required to keep company books that track every penny that goes in and out of the business. This is crucial for tax purposes and it can save you a lot of money if you keep track of tax write-offs etc.
If you have even a moderately complicated business, hiring a bookkeeper to keep track of everything is a smart move. Entrepreneurs have enough on their plates without adding the tedious chore of bookkeeping to the list! Business owners can hire a bookkeeper to handle the finances while they focus on building the business, marketing and acquiring customers.
Maleah has always been the bookkeeper for our businesses, and she knows all too well the work involved with it. But not everyone has a wife that wants to take on these chores!
Typically, the people that hire bookkeepers are business owners that run medium sized businesses and just need someone to help them with the bookkeeping.
How Much Can You Make as a Bookkeeper?
This is always hard to predict – like any freelance business! It really depends on how much time that you can dedicate to acquiring clients. It is certainly not a fast way to get rich!
Ben from Business Bookkeeper Launch (learntobeabookkeeper.com) suggests that you can earn about $2,500 a year per client. Here is how that works out:
- 10 clients = $25,000 per year
- 20 clients = $50,000 per year
You can choose to just supplement your income with a handful of clients, or to make a full-time income. Obviously, a bookkeeping business is not passive income and how much you earn will be directly proportional to the hours and effort that you put in.
The average bookkeeper makes $69-$82 per hour! That is better than most jobs.
Bookkeeping is a side hustle that flies under the radar and it is a growing business as more people become entrepreneurs.
You DON’T need:
- A CPA license
- Prior experience
Reasons That Bookkeeping Is a GREAT Side Hustle
- Bookkeeping is one of the most profitable businesses. It has low startup costs, low overhead and the hourly earnings are high.
- Bookkeeping is a well-respected profession that has been around for 500 years. You can be sure that you are doing a legitimate and respected profession.
- There is a high demand for bookkeepers. The demand for bookkeepers is ongoing which means a secure business. The law requires business owners to keep a record of their finances and most business owners (including us!) find that a real pain.
- Relatively easy to start. You don’t need a college degree or any prior experience. All you need is a specific skill set.
The skills that you need to be successful with a bookkeeping business can be learned in about 3 months. If you focus on learning these skills from a good course, you will be well setup to start your profitable bookkeeping business.
What is a good course to try?
Bookkeeper Launch by Ben Robinson
Ben Robinson is the founder of Bookkeeper Launch, a comprehensive course that can take you from clueless to professional bookkeeper and business owner.
Ben has taught over 6,000 people how to start a bookkeeping business that is profitable. He runs the biggest online community of virtual bookkeepers in the world.
He was a CPA for more than 14 years, but he realized that there was a huge demand for great bookkeepers to help business owners thrive.
Ben started his world-class bookkeeper training course to fill this market need. How much does Bookkeeper Launch cost? We reveal the total cost further down the page!
Bookkeeper Launch Review
Is Bookkeeper Launch Worth It ?
You should make sure that starting a bookkeeping business is right for you, before you buy the course. Ben has a free introduction class that you can take to see if this is the right move for you.
The course is extremely comprehensive. It gives the students everything that they need to know from learning the basic skills of bookkeeping to exact details on how to setup (and run!) a bookkeeping business. It gives the student EVERYTHING that they need to know to grow a profitable bookkeeping business.
Ben is passionate about not just training bookkeepers – he wants to train up GREAT bookkeepers!
When asking “is Bookkeeper Launch worth it?” you need to compare it to other ways of learning to start a bookkeeping business. There are some universities that offer bookkeeping programs, but these can take years and cost a small fortune. The problem is that the university courses are ‘padded’ with lots of information and skills that are not relevant to bookkeeping!
Bookkeeper Launch lets you get started with your bookkeeping business much more quickly and at a much lower cost.
So, is Bookkeeper Launch worth it? Yes, if you want to get the best bookkeeping business training, quickly and at a relatively low-cost. I have included some stories from students that have completed the Bookkeeper Launch course. They all are making thousands of dollars a month with bookkeeping businesses! These Bookkeeper Launch success stories are just a tiny sample of the happy students!
Here is what you get when you purchase the course:
- The full program that includes video lessons, checklists, templates and useful worksheets
- Access to a private community and unlimited email support
- Bonuses to help you maximize your profits
- Personal 1-on-1 advice from professional bookkeepers and lawyers
The course has 4 primary core units. There are another 6 sections that teach you more about starting a bookkeeping business. The best way to learn about the course content is to check out the free course.
The 6 sections are:
- Clients (advanced)
The course is video based, but you can also download transcripts of each lesson if you prefer to learn that way. You can also download just the audio versions of each lesson. Ben also gives you a list of additional resources for every lesson.
Maleah and I have worked through the course (and we love it!). Here is a very brief overview of the course content. By the way, this course is HUGE and usually takes students about 3 months to complete!
Unit One – Introduction
This introductory unit discusses all the different work that a bookkeeper does on a day-to-day basis.
Unit Two – Foundations
The 3 modules in this unit are the foundation of the course and key to a successful bookkeeping business.
Module One: Bookkeeping Basics
This covers a lot of the basics like liabilities, assets and equity. It introduces the accounting equation, chart of accounts and ledgers. Ben introduces these concepts and uses some nice analogies (like playing monopoly) to help you grasp these basics. I like this module, but I felt like I already knew most of the content in it.
However, this module is brilliantly presented, and I particularly like the many examples of different scenarios for keeping the accounting equation in balance. Ben does a great job of making these simple concepts interesting. He walks you through 7 hypothetical events (purchases, sales, inventory, loans etc.) and shows you exactly how to keep your accounting equation in balance. As you would do for a client! Before you know it, you are bookkeeping!
After many years, I finally understand what debits and credits are…
You then get to apply your newly found knowledge in the quizzes at the end of each section.
Module Two: Financial Statements, Journals and Ledgers
This module dives into the importance of financial statements. It goes into the bookkeeping cycle, cash journal and how to manage receipts. This is such an important module, but for me I started having difficulty following the lessons because this is where the course starts to increase in difficulty.
Module Three: Building Blocks
This module teaches you about ethics, contracts, laws and different types of business entities. Very important information about business entities and contracts.
There is a test at the end of this unit for you to complete.
Unit Three – Setup
This unit helps you to setup an example client account! Ben walks you through everything carefully. This unit is where you start to apply what you learned in the foundation part of the course – actually doing some simple bookkeeping.
Module One: Get Set Up
This module starts to introduce you to QuickBooks online. Most bookkeepers use this program to serve their clients.
Module Two: Meet your client
This module introduces you to the client intake form that you will give to all your clients. It also introduces you to the example client that you will be using throughout the course to learn everything you need to know.
Module Three: QuickBooks setup
This module really starts you on your journey to becoming a bookkeeper. You learn to setup a QuickBooks account using everything that you learned in the foundations section of the course. This module is quite large and takes some time to work through.
Unit Four – Transactions
This unit starts to dive into more of the important details. It covers topics like cash receipts, accounts receivable and payable.
Unit Five – Statements
This covers everything you need to know about preparing the 3 key statements that clients need.
This section introduces you to marketing and how to get clients for your bookkeeping business. Ben emphasizes how to get your first client, because this is such a milestone for you. He shows you exactly how to get QUALITY clients. He also covers things like business cards, networking and covers all the ways to find more clients.
This part of the course shows you how to build your business that will support your lifestyle. Ben emphasizes putting your life first and your business second. He shows you how to start implementing deliberate steps from the beginning to ensure that you don’t get overwhelmed and spend 100% of your time on the business.
Ben shows you how to build systems to automate a lot of work for you. Delegation and systems are key! He even shows you how he has setup his home office. This is an amazing section that gives you so many insights into how the professionals run a business as efficiently as possible.
Advanced Clients Section
The advanced clients sections goes into a lot more details about how to market yourself. It covers topics like how to start a website, email marketing, social media and so much more!
Resources and Bonus Unit
Finally, you have a great section that gives you a lot of resources and different ways to improve you bookkeeping business. You get access to the exclusive private Facebook page where you can learn from others and network!
How Much Does Bookkeeper Launch Cost ?
Be sure to try out the FREE class before investing in Ben’s premium courses – you want to make sure bookkeeping is for you!
So how much does Bookkeeper Launch cost if you buy it with a single payment? What about a payment plan? These are typical questions regarding the BL course.
Here are the payment options.
1) Full Course with Added Group Coaching:
BL PREMIERE FULL PAY = $2,999
BL PREMIERE 12 PAY = 12 Payments of $299
2) Full Course Only:
BL PRO FULL PAY = $1,999
BL PRO 12 PAY = 12 Payments of $199
If you are skeptical that the course will be a good investment, Check out the Bookkeeper Launch success stories towards the end of this article. There is also a 30-day money back guarantee.
What Are the Negative Aspects of a Bookkeeping Business?
Bookkeeping is not for everyone. It can be really hard work and you are still exchanging your time for money. You must be somewhat inclined towards this type of business. I have zero interest in bookkeeping, but Maleah has the perfect personality for it!
She enjoys organization and she has great attention to detail. This is the type of mindset that you need to succeed as a bookkeeper.
Starting a bookkeeping business does cost a little bit of money to register a business entity and purchase software. A few hundred dollars is a good investment for the potential to make $60 per hour with complete freedom.
Bookkeeper Launch Testimonials
Here are some Bookkeeper Launch success stories of students that have had great success after completing course.
1) Jenna Lombardo – https://www.aceaccountablebk.com/
1.5 years in business with 9 clients and more than $5,000 in monthly revenue.
Prior to starting my business, I was stuck in a corporate accounting department desperate for flexibility as I have a child with ADHD and anxiety. The demands of constant phone calls from the school, doctor appointments and school appointments for this one child were overwhelming for a 9-5 job. I also had 2 other kids and myself to worry about. I needed to get out.
I kept getting signs that I should start my own bookkeeping business. One of those signs was how I found Ben’s program, Bookkeeper Launch. I googled “how to start a bookkeeping business” and stumbled upon it in the summer of 2017. I watched the 3 free videos. Then I took some time to think about it as it was hard to trust something you find on the internet.
By September 2017, I took a chance, signed up and completed the program by early December 2017. In January 2018, I decided to feel the fear and do it anyway.
I have learned so much about myself on this journey. I have grown as a person as well as a business owner and made great friendships along the way. My biggest obstacle to starting my own business was fear and mindset. I overcame that and I’m still overcoming it every day by stepping out of my comfort zone, but I’ve realized it is the only way I will become the best version of myself. Is Bookkeeper Launch worth it? Yes!
2) Amanda Dziubala – https://creativeledgerbookkeeping.com/
1.5 years in business with 20 clients and more than $5,000 in monthly revenue.
Amanda has one of the best Bookkeeper Launch success stories!
Summary of Amanda’s BL story
I was an ART student at Columbia College Chicago 🙂 Graduated with honors but quickly realized I wasn’t cut out for making money through my art. I might have figured it out and made it work but I was soon married and had my son which put a damper on my free time outside of work.
I needed to make a decent wage and I loved money/numbers so I started part-time as a restaurant bookkeeper, then moved on the be a bank teller, then Accounting coordinator at a small family owned truck dealership, and finally I worked for a wealthy family doing their personal estate bookkeeping for many years until I started my bookkeeping company.
I love to serve Artists and help them with their finances. I feel there is a real need for people like me who understand the way an artist works and thinks. I enjoy working with creative people!
Here is a more detailed interview with Amanda – we asked her all the questions you might be wondering about when it comes to starting and running a freelance bookkeeping business online!
Can you tell us a little about yourself and your bookkeeping business?
Hi! Sure, I am a mother of 2 and wife living in the Northwest Suburbs of Chicago. I have worked since the age of 14, through Highschool, every summer break, all through college, and immediately after.
A short break was required when I had my son in 2005 but quickly realized we could not afford for me not to work so back I went, this time though I had an opportunity to work as a bookkeeper. I really loved the detail and organization required in the work and I already had cash handling/balancing experience, so it was a logical step for my career.
From there I worked as a bank teller for about a year but didn’t like the sales aspect of it at all, so I found a position in a small accounting office where I worked for 7 years. I left that “dead end” position when I found a very unique role as a Personal bookkeeper and Estate manager for a wealthy family.
I worked for them for over 6 years until they moved out of the country, forcing me to once again think about my career and what I was going to do. After all those years as an Employee and the last 6 working for an Entrepreneur couple I knew that I couldn’t just get another job. So, I started to do my research and figure out my options.
That’s when I stumbled upon ThePennyHoarder.com and then Ben Robinsons Bookkeeping Launch course, BL. That was in March 2017 – I remember it well because I purchased the course on my 36th Birthday and launched my Business in September 2017. I was still working full time while taking the course, so it did take me a little bit longer than others to complete!
Did you find the Bookkeeper Launch course to be a good investment? Is Bookkeeper Launch worth it?
Absolutely! I had paid off ALL startup costs in under 3 months of having clients. Everyone gains clients at a different rate but even if it had taken me longer to get there, I would still view this course as a huge investment in my future.
How long did it take you to work through the course?
It took me 4 months while working full-time to complete BL. I launched my business the following month.
How long did it take you to get your first client after completing the course? How did you find them?
From the time I finished the course to the time I signed my first client was about 30 days.
How many clients do you currently have?
I currently have 20 Active Clients with a total of 24 clients serviced in all of my 22 months in business.
Can you give us an idea of your typical client?
There really is no typical client. All my clients have their unique situations and business needs. That’s part of why I love what I do, learning each business and it’s owner(s) and helping them succeed.
I focus most of my energy on Artistic and professionals in creative industries but also have clients in home repair, Real Estate, Ecommerce, Tech and more. My true passion is with artists though!
What does a typical day look like? What does a typical week look like?
Each day I check my ‘to do’ list that I created the night before and start with emails, responding to whoever needs to hear from me then begin on client work as needed. The end of my days I wrap up and respond to emails that have come in and create my checklist of important tasks for the next day.
Each week is different depending on the time of month. I’m very busy from the 1st through the15th wrapping up the previous months bookkeeping for all my clients and making sure all the information is accurate and accounted for. After the 15th I work on special projects and any cleanup jobs I’ve taken on.
How many hours does it take you a week to do the books for one company?
All of my clients are completely different, so this is impossible to answer. One of my clients takes 4 hours a month, another takes over 10 hours a week. It varies greatly depending on the business and their needs.
What do you like and dislike about bookkeeping as a business?
I love helping people and getting that aha moment when the business owner realizes how far they have come and how much the work they have put in has helped their business. The clarity that having clean financials gives my clients is priceless. I dislike having to track down documents that I need in order to do my work. Many times, I have to ask 3-4 times for things that are holding up completion of a project, and by the time I get the documents it’s almost the deadline.
Please don’t treat your bookkeepers this way!
Do you have a top tip or bit of advice for someone that is thinking about starting an online bookkeeping business?
Do your research into not only the course you choose but also what’s involved in starting, owning, and maintaining your own business. It’s definitely not for everyone, and that’s OK!
Many people have actually found great work positions after taking BL because they have so much confidence in what they do after completing the course. Additionally, many also end up just wanting to Freelance for other BL business owners. You don’t HAVE to own a business to get great use out of this course.
3) Cathy McDonough – https://www.inclineaccounting.com/
1 year in business with 9 clients and more than $3,000 in monthly revenue.
Cathy has one of my favorite Bookkeeper Launch success stories!
I got an accounting degree in hopes of being able to work from home and be there for my kids after school. However, when it came down to actually working with a client, I had no idea what to do. Before BL, I let several potential clients slide through my fingers because I didn’t know how to move forward with them.
Thanks to BL, I learned about marketing, proposals, engagement letters, technology, financial statement presentation and so much more. BL has allowed me to realize my hopes and dreams to a greater extent then I could ever have imagined on my own. Is Bookkeeper Launch worth it? 100% YES!
4) Christopher Aborqui – https://www.lightthewaybookkeeping.com/
1 year in business with 30 clients and more than $5,000 in monthly income.
I started this business in preparation for my military retirement. My initial goal when starting BL was to obtain 5 clients. After 6 months of completing the course, I had 10 monthly clients. 6 months after that, I was close to 30 monthly clients.
Since I was limited on my time, I knew I could only work with certain types of clients. Ones that didn’t have an inventory and made less than a million a year in revenue. Turns out a lot of business fall into that category.
I did pay to join a local networking group and that has paid big dividends. 90% of my business comes from referrals. A big plus for me was being able to be a one-stop shop, thanks to TBL, I was able to offer both bookkeeping and tax preparation to clients.
5) Kevin Schmidt – https://booksbyschmidt.com/
1.5 years in business with 25 clients and more than $5,000 in monthly income.
I dropped my full-time job in education to start this business. After preparation and planning, I quit and started my business. I am staying at home with my third child, raising her and watching her grow daily! Amazing!! I’m growing quickly and very busy but have limited hours. But I have limited hours because I am taking care of my child and having the freedom to do what I want.
Conclusions: Bookkeeper Launch Review
Bookkeeping is one of the most lucrative ways to make money online. We think that the Bookkeeper Launch is a great choice of course if you are serious about training and learning the fundamentals of this established profession. The Bookkeeper Launch success stories are evidence of the value that the course has to offer.
The Bookkeeper Launch is a comprehensive course and it is really all you will need to know to get started!
We really hope that you have enjoyed our Bookkeeper Launch review. Is Bookkeeper Launch worth it? We think that it is the best resource that you will find if you want to start bookkeeping as a business.
Be sure to check out the free course and let us know what you think in the comments!
Russell and Maleah
Do you think that you might start a bookkeeping business as a side hustle? Let us know in the comments below. Is Bookkeeper Launch worth it? Yes! Bookkeeper Launch is worth every penny! How much does Bookkeeper Launch cost? The question should be, how much will it cost you to NOT invest in your education and future!