I have a part time permanent job which I need to keep at present, but would also like to try to get some book-keeping work which would take up another day's work, if possible. I am a qualified accountant but at present I am teaching and enjoy the work - especially teaching accounts. Looking forward, I would like in a few years time to concentrate on Accounts lecturing and have a book-keeping business.
I would appreciate anyone's ideas on whether this is viable. Is it possible to build up the business in this manner? At present I complete the accounts and do the tax returns of two (very small) businesses but this only takes a small amount of time in July/August.
Can anyone give me the benefit of their experience?
I set up a book-keeping business on a part-time basis whilst holding down a full time job. Slowly after time, and as I built up a client base, I reduced my hours and eventually quit my employment.
You seem to be in a perfect position to follow suit, and I would recommend speaking to friends and family about your business, and whether they know of anyone who needs a book-keeper. This is how I started and I was suprised by how many clients I obtained this way!
Being a qualified accountant will certainly help, and the good thing about book-keeping is that the work is spread out over 12months, rather than one mad rush every January completing tax returns etc.