10 Reasons to Consider a Career in Accounting or Bookkeeping

By editor,

bookkeeping-forms-for-irs

When choosing an enduring career in high demand, accounting and bookkeeping are two great options to consider. Here are ten arguments why you should think about pursuing a career in accounting or bookkeeping:

Positive Job Outlook

The job outlook is positive. For example, the United States Bureau of Labor Statistics projects that the demand for accounting and bookkeeping professions togrow faster than the average for all occupations. This type of demand means that there will be plenty of opportunities available in the years to come.

Unlimited Opportunities

You can find an accounting or bookkeeping job in just about any industry. Opportunities are available with small businesses, large corporations, non-profit organizations, and even financial institutions like banks. You can also work for a public accounting firm that serves various clients at once.

Flexible Schedule

Many accountants and bookkeepers have flexible schedules. For example, you may have the option to work from home or choose the hours you want to work each day. This flexibility can be beneficial if you have children or other obligations which your schedule needs to accommodate.

High Salary

An average accountant salary is $68,000 per year, while the the average salary for a bookkeeper is $40,000 per year.

Variety of Tasks

You won’t get bored in this field because you will be responsible for a wide range of tasks on any given day. For example, you might perform audits one day and handle payroll the next. Or you could work with financial statements in the morning and prepare tax returns for your clients in the afternoon.

Room for Advancement

There are many advancement opportunities in this field. For example, you could become a manager, partner, or even CEO of a company. Or you could open your accounting or bookkeeping firm.

Job Security

The job security is high for accountants and bookkeepers. Businesses will always need someone to handle their finances, regardless of the economic climate.

Opportunity to Travel

When working as an accountant or bookkeeper, you may travel for business. For example, you might need to visit a client at their office or go on an overnight trip for a conference. This perk of the job can be rewarding and exciting if you enjoy traveling.

Challenging Work

The work can be challenging, but it is also enriching. You will constantly be learning new things and solving problems. Accounting and bookkeeping are excellent career paths for those who enjoy a challenge and always want to learn more.

Room for Creativity

There is room for creativity in this field as well. You can develop your ideas for improving the accounting or bookkeeping process. Applying your approaches can help you stand out from the competition and make a name for yourself in the industry.

If you want a career path with high demand, accounting and bookkeeping are two great options to consider. However, these ten reasons only scratch the surface!

When you’re ready to explore training options for your career in the accounting and bookkeeping field, please get in touch with MBS-Careers today.

Our career counselors will be happy to discuss the different training options available to you and explore the possibilities for your future.

Start Your Own Business As A Bookkeeper

By editor,

bookkeeper at work

There’s little doubt that many people dream of starting and owning their own business. For some, it’s a lifelong dream. For others, a new business is the only way to feed their families and get them out of a challenging financial situation. But there are many reasons why people shy away from starting a new business. One of the biggest reasons is that they believe being an entrepreneur is too risky or don’t have the necessary funds to create it.

But, what if there was a way to get around that? What if starting your own business didn’t require you to risk everything or come up with tens of thousands of dollars? Well, you can!

Many successful entrepreneurs began their careers by starting their bookkeeping businesses. It’s a low overhead business model that empowers people of all backgrounds and economic standing to create job stability.

 

Becoming A Bookkeeper

Bookkeeping businesses are perfect because they require less overhead than many other small businesses. However, to move ahead as a bookkeeper or accountant, you will need the requisite skills to do this type of business.

The first step in setting up your bookkeeping business would be to obtain the necessary skills and licenses. Many bookkeepers get training from schools like MBS-Careers. MBS Careers is a leading vocational school in Brooklyn, New York. People weighing the next step in their career path will find computer skills, bookkeeping, accounting, and office management courses among the curriculum.

Once the necessary skills and certification get obtained, the next step is to set up your business. First, you will need to create a business plan, which will include your business goals, strategies for reaching those goals, and an outline of your marketing plan.

Other items that should get included in your business plan would be expenses for equipment such as computer hardware or software, phone equipment, data and internet security, and computer repair. If applicable, you also need to factor in office furniture and decoration costs, postage, books, bank fees, and educational opportunities.

You will find that most of these expenses are related to your business infrastructures, such as technology and website development. Once you have determined your infrastructure needs, you can begin looking into marketing your services.

Some entrepreneurs launching a bookkeeping business might focus on gaining customers in a specific niche or industry. For instance, construction companies, consulting firms, or medical practices usually require the services of bookkeepers to keep track of expenses. Therefore, you might decide to specialize in a specific niche or industry to gain an initial clientele quickly.

Once your business is running, you will have to decide how much money you want or need to make each year. First, it would be best to determine how you’ll bill your clients. You can charge a flat monthly fee or offer a discount for those who pay annually in advance.

Either approach is a lucrative way to build your business from the ground up. And courses from MBS Careers are the foundation for your success.