What’s The Cost of NOT Starting Your Own Accounting Business?

We have been in the Accounting and Bookkeeping business since 1979 and have seen, and been a part of many successful businesses that provide write-up and daily bookkeeping services for small businesses. We have seen and put into practice the highly effective strategies, tactics and methods of Accounting and business and experienced many times over the exhilaration of dreams realized and company goals met by following what is taught in our courses.

One constant that has run over the course of the last 25+ years in the role of the accounting employee, and the inability to be paid equal to who they work for. The constraints that naturally come with such a position do not allow, in our day and age of business, to remain an accounting underling, and pay for the best in life.

Perhaps you’ve experienced these limitations yourself. The following are just some of the things we have observed about that type of a position.

• Strapped down by what someone else thinks you need to be paid – Entry level pay aside, for those who have been conducting accounting duties for years have found that their pay is determined by what someone else (usually their boss) thinks they need to be paid. Sometimes the driving factor is what the company can afford, regardless, someone else is making the decision what your time is worth.
• Kept to the 3% cost-of-living pay increase – Pay increases are limited to usually the 3% cost-of living increase that companies dole out each year. This is designed only to keep the employee on pace with inflation. Not a way to increase their bottom line and take home pay. It’s been said that when you’re just treading water you’re only one arm stroke from drowning.
• Control of your position out of your hands – How much you are paid is completely dependant on the fancy, whim or circumstance of the:
  • Economy – Businesses are smart to expand and shrink as the market demands, but most times this tactic leaves their employees high and dry. Accounting and Bookkeeping services are as recession-proof as you can get.
  • Bosses – We’ve all experienced that type of boss that doesn’t have our best interest in mind. Whether conflicts of personality, or purpose or even professional knowledge come into play, who usually wins… The boss.
  • Corporate Culture – Corporate culture with some companies can be cutthroat and demeaning. Even if it makes no difference either way it isn’t set up with your welfare in mind, but the welfare of the company. Many employees can get lost in the welfare of the Corporation.
• No matter how well you do, usually pay remains the same until your yearly review – All of us like to be rewarded in a position in what we do and when we do exceptionally well we would like that reflected in our take home pay. Most of the time this is not possible to do until HR schedules out your yearly reviews. By the time that can roll around, the momentum of that wonderful result would have lost its luster and the realized impact on the company would have waned.

So How Can All This Benefit Me?

You may be thinking, “I’m looking for work, not to go out on my own, why am I still reading this?” Frankly, for some people to be their own bosses is not in their make-up. It’s just not something that they have the discipline to do. However for those types of people like you and me, it’s time to consider and weigh the immediate pain and work for the overall results and rewards. First let me ask you this question, can you afford NOT to go out on your own with the help of the Professional Bookkeeping Course? Let’s run some numbers.

Let’s take the entry level pay for an average accountant and boost it a bit. Let’s say you are making around $20 an hour currently and you are a healthy 30-35 year old person working the normal 40 hours a week, 50 weeks out of the year. (2 weeks off for vacation of course, don’t want to work you into the ground do we?) Before taxes that’s $3200 a month or $38,400 a year, not too shabby. Not taking into consideration the taxes, health benefits and 401K situations most companies have, over the course of the next fifteen years ( and taking into the equation of the 3% yearly living expense increase each year) your earning potential only reaches $59,826 a year for a 15-year gross total of $774,025.

You’re probably thinking, “Ok, what’s wrong with making $59K by the time I’m 45 years old, three-fourth of a million dollars is a lot of money”… Yeah, look where you can be if instead of $20 an hour you were making $45 an hour on your own (taking the same formula above).

• Your starting gross yearly pay would be $86,400 (a $48,000 difference to START).
• Adjusting the 3% increase of living each year by the end of that 15 years your yearly gross income would come to a mere $134,608.
• A whopping difference of $74,782 a year between the two!
• Over the course of those 15 years you loose out on potential earning of nearly $970,000 dollars.

And this is not considering if you grow your Accounting practice to require employees and dozens of clients. This is only taking into account what you can do! So I ask again, can you afford NOT to get this program?

Nut and Bolts of the Universal Offer

All that aside and based on the program’s merits this is the best decision, and the easiest decision you can make. While developing the most comprehensive training course found in the market - chock full of 25-years worth of experience and up-to-date proven strategies, methodologies, and tactics. Crafted to the student, and taught in such a way to have everything for the beginners to the most advanced in the profession - we have given to those who have come before you this Iron-Clad Guarantee.

Getting the program is as Risk-Free and “Benefit-Full” as we could make it. A better offer is hard to find.

And we extend this Universal Iron-Clad Guarantee to you! Purchase your copy of the course today and you will have not only the Knowledge-packed course, the Iron-Clad Money-Back Guarantee but we’ll give you an additional two practice sets ($198 value). Business types that you can practice doing books on, so you can completely familiar with all the methods of the accounting process.

Practice Makes Perfect.

The three modules already contain practice sets for nine different types of businesses. Purchase the Professional Bookkeeper today and you’ll receive two more practice sets, giving you eleven in all. This will give you even more confidence and experience in various industries and the opportunity to work with additional types of clients.

In addition to the practice sets we recognize that you will need the support from Universal to help you through your coursework and answer questions that arise from all that is involved in the program. We won’t just leave you high and dry! We’ll add into this offer 6 months of Universal Coaching Support, a $585 value for FREE. You’ll have access to our Academic Coaches to be able to get your questions about the course work, but you’ll also have 6 months access to our CPA Coach to be able to answer the questions that arise when you are applying what you learn to your position. By phone or email both of these coaches are here to answer what questions may come along. This also includes the cost of $485 for the final exam for the Professional Bookkeeper’s designation. Certification to your employers that you have gone through the best possible training and have mastered everything there is to know in the program.

What’s Next For Me?

There you have it. If in the end you feel this course wasn’t worth its cost, you can get your money back! Very few opportunities like this come with a risk-free guarantee. Just add in the rest of what Universal can get to you, for FREE and this sounds like a sweet deal.

But WAIT! Hold On A Moment

We want you to be sure, we want you to be absolutely positive that this is something that you want to do. We don’t want you to have that moment in the middle of training where you could get off-track and second guess yourself. Your peace of mind, as well as our training and the effort put into the program by our instructors is too valuable to waste, even on the slightest doubt.

So, instead of giving you what enrolling into the course will run you, Universal Accounting encourages you to simply order your FREE copy of the “Introduction to The Professional Bookkeeper Program ” DVD. All we ask you to do is pay for shipping it to you, a mere $4.95. Take this opportunity by clicking here to order your copy today. You’ll be able to see after the mailing information is given for the FREE DVD, the details of what’s in each Module and the low pricing of the program.

Read it, digest it, bookmark the page and then wait for your copy of the DVD. Take a good long look at Universal and all that you can expect from such a comprehensive training course, you can’t go wrong.

Click Here to Order your FREE Copy of the “Introduction to The Professional Bookkeeper Program”

Ask Yourself: Do You Enjoy What You Do?

For way too many of us, the answer is no. Work can be hectic and stressful. Often, our careers just are not going anywhere. We need something to get them going again. The Professional Bookkeeper program gives you hands-on training in the full range of Accounting and Bookkeeping skills needed to succeed.

Learn How the Professional Bookkeeper Program Can Get Your Career Back On Track

Make $30 to $60 per hour… and you don’t need a college degree.

Become a Professional and Get Paid What Your Worth!

You can bill $30 to $60 per hour or more as a professional freelance bookkeeper. I say this because there are thousands of people, just like you and me, who are doing it right now. Highly respected professionals, without a college or university education, are providing a specialized and technical service to their clients. And you can do it too.

Over 500,000 new businesses start every year. Each and every one of them is required by law to do accounting. This presents a tremendous opportunity for anyone willing to learn the skills to be a professional small business bookkeeper. You don’t need a college education to provide this valuable service to small businesses. You do need a specialized education and skill set.

Over the next five weeks I’d like to give you an overview of the exciting and rewarding business of professional bookkeeping and accounting. If you are in search of a recession-proof business that will help you create the lifestyle that you and your family deserve and make it possible to get paid what your worth. It won’t take very long before I think you’ll agree, this is the business and now is the time.

Okay… what can I expect over the next five weeks?

• Week #1. The Proper Small Business Bookkeeping Education. We’ll discuss what you should be looking for in a bookkeeping and accounting education. We’ll outline some of the different types of education that is available and the pros & cons of each.With an overview of what’s available and the kind of education that you’ll need to succeed in your bookkeeping business, you’ll be prepared to make the next move and arm yourself with the education that best suits your goals.
• Week #2 How to Market Your Bookkeeping Business. (Part 1) Allen Bostrom, President of Universal Accounting and author says, “Nothing happens until you make a sale.” We’ll talk about what it takes to make everything happen!If you’re like most of us, the idea of being a salesman might not be your favorite thing. Don’t be concerned, there are a number of easy-to-implement methods that will make the entire sales and marketing process something easy and systematic. Anyone can do this!

  In Week #2 we’ll talk about creating what I call the “Automatic Referral System”. In other words, referrals without begging.

• Week #3 How to Market Your Bookkeeping Business. (Part 2) We’ll continue our discussion of easy and “doable” marketing methods that extend beyond referrals. We’ll talk about Tag-Team marketing and networking just to mention a couple.
• Week #4 Universal Accounting: The Perfect Small Business Bookkeeping Education. We’ll discuss why Universal Accounting Center is the perfect place to obtain the most complete and comprehensive small business bookkeeping education found anywhere.
• Week #5 A Bookkeeping Practice and a Professional Tax Preparation Business are the Perfect Match for Maximum Profits. The advantages of combining a Tax Preparation Business with a Bookkeeping service are many. Our final discussion in this series will demonstrate how they might be the perfect combination for you and your future professional bookkeeping and accounting practice.

What can I expect from here?

Welcome aboard. I’m looking forward to showing you why I think a professional bookkeeping and accounting business is such a wonderful opportunity and for the chance to give you the information that you’ll need to determine if it’s a “right fit” for you.

Information on starting your own professional bookkeeping business is only a click or two away. Follow the link below and find out for yourself what an incredible business opportunity this really is.

I Want to Know More About Starting a Professional Bookkeeping Business

Enjoy a More Flexible Schedule and Be A Successful Business Owner

Are You an Entrepreneur or a Propreneur?

What is a “propreneur”? Many very successful small business owners don’t fit the classic entrepreneurial mold. They’re not so much into the “business of business.” They are more interested in finding meaning in their careers and creating a lifestyle that will allow them to spend time doing those things that are most important to them.

If this describes you, you’re a propreneur. And with the right business, you will be very successful.

Aren’t All Business Owners Very “Driven”?

If by “driven” you mean someone who thinks of nothing but work, no. Many people who are happy and successful in their own businesses aren’t what you would consider “driven.” In fact, the key to succeeding as a propreneur lies in managing your business in such a way that you can perform those functions you do best.

The Following 4 Things Will Make You a Successful Propreneur

Authors and career coaches Paul and Sarah Edwards describe 4 things that you will need to do to be a successful propreneur. In a previous newsletter, we discussed what Paul and Sarah had to say about what is the best home-based business. (Click HERE to read about what Paul and Sarah say is the “Best of the Best Home-Based Business.”)

1. Have a Professional Attitude. Treat your business like a real business. Take the legal steps to form your business entity (proprietorship, corporation, LLC, etc…), open a business banking account, launch a website, and so on.
2. Get Business Coming to You. Learn to attract new business in ways that are the most comfortable to you. Do the things that come the most naturally, but remember, “Nothing happens until you make a sale.” You may have to step out of your comfort zone a little, but finding and keeping customers doesn’t have to be an uncomfortable thing to do.
3. Have a Good Relationship with Money. Don’t be afraid to talk to your clients about what you expect to get paid for the services you provide. Bookkeeping and accounting are highly specialized fields that require the skills of a trained professional. You must feel comfortable talking openly about money issues with your clients. Never feel you have to apologize for charging a fee for saving them a lot of time, headache and money.
4. Set Up a Support Network. Line up a network of professionals you can turn to for advice and assistance. For 6 months after your graduation, Universal Accounting Center will be there to offer you free advice, motivation and guidance as you begin your professional bookkeeping and accounting practice.

There is a Lot of Opportunity in Small Business Bookkeeping and Accounting

85% of the opportunity for bookkeepers is in small businesses. Small business owners need the services you can provide, and what’s more, it’s required by the government. Every business must do accounting and keep accounting records; qualified small business accounting professionals are in high demand.

The Professional Bookkeeper Program will teach you everything you need to know to do bookkeeping for any small business. We’ve been teaching small business bookkeeping and accounting since 1979. That’s 25 years of teaching people just like you and me the ins-and-outs of bookkeeping for small businesses. In fact, we’ve been called the Small Business Accounting Experts.

You don’t have to take my word for it. With thousands of successful graduates across the country, I’m confident that you will find the same level of personal and professional satisfaction that they have found. See for yourself what a few of our graduates are saying about the Professional Bookkeeper Program.

Your Professional Bookkeeping and Accounting Practice Will Earn a Better Income

The accounting profession has been around for a long time. Over 500 years to be exact. And you should know that the need for accounting and bookkeeping professionals is at an all-time high. Every year 500,000 new businesses are created, and all of them need the advice and expertise of a trained bookkeeper. As this trend continues, the need for your skills will continue to increase as well.

According to Robert Half/Accountemps, the nation’s largest placement firm for accounting professionals, the demand for skilled professionals in the accounting field is so large right now that bookkeepers and accountants are able to demand better incomes. There’s never been a better time to own a bookkeeping and accounting practice than right now.

Earn $30 to $60 per Hour and Save Your Clients Money

The average freelance bookkeeper can expect to charge $30 to $60 per hour for services that have the ability to save small business owners time and money. With the right training you can charge those kinds of rates for your services too. If you’d like to increase your income, create a better lifestyle for yourself and your family while becoming a propreneur, order our DVD “Start Today & Have Your Own Bookkeeping Business.” For less than $10 you can be on your way to a more flexible schedule, a more lucrative lifestyle, and the opportunity to earn money doing what you enjoy.

Part Two of a Two-Part Series on The Right Professional Investment

We’ve examined the wonderful opportunity that exists in the business of small business bookkeeping and accounting and how most small business owners don’t have a complete understanding of the accounting function in their business. Wow! What a great opportunity to earn a very profitable income and create a wonderful lifestyle for you and your family.

When you first heard this, you were probably a little skeptical. I think that’s a fairly understandable reaction. But as you’ve looked closer at what’s involved in starting your own business, the type of education you might need, the marketing methods you might employ to grow your business and how others like you have already achieved success, you might be thinking to yourself, “I can do this.”

You CAN Do This

If there’s nothing else you gain from our conversations together, know this: I know you can do this. In fact you don’t even have to take my word for it. As we talk to graduates of the Professional Bookkeeper program, and ask them about the success of their practices, they tell us that they are charging $30 to $60 per hour for their services. (And that’s the average, some charge even more.)

Unlike many programs available, of 100 graduates of our program that we interviewed this year, 12 months after their graduation, 74% were working in the accounting field, had been promoted to a management position, or owned their own bookkeeping or accounting practice. The best news is this can be you, and you can create a wonderful lifestyle for yourself.

“Great success is commoner than great abilities.” -Luc de Clapiers de Vauvenargues

You might be asking, “What does this have to do with me?” Most people will agree that hard work, determination and integrity are what it takes to find success in America. It’s not great ability that makes successful people; it’s doing just what you’re doing right now - setting a goal, finding out what it will take to reach that goal and then taking action.

Only Invest in the “Right” Education

With the need for qualified professional bookkeepers increasing every year, the opportunity is greater today than it has ever been. And as the opportunity increases, the need to obtain the best possible education available has become more important than ever before.

Last week I shared with you what I felt the “right” education must include. Let’s take a minute and review the list.

5 Things You Should Look For in a Small Business Bookkeeping Education

1. Flexibility
2. Complete education
3. Hands-on training
4. A qualified professional to answer questions
5. A guarantee

Click Here to refer back to our previous discussion on what must be in the “right” education.

Universal Accounting Center offers the most complete small business bookkeeping curriculum that can be found anywhere-including the universities or franchises. Period.

There are many courses that provide you with the training to get a data-entry type positions making $8 or $9 per hour, but they won’t provide the education that will create financial security and the type of lifestyle you and your family deserve.

Hands-on Training

Universal is “hands-on” learning. It’s been that way since 1979. Unlike other training programs available, Universal provides hands-on experience doing the books for different businesses. This will provide you with experience that allows you to demonstrate to potential clients and employers that you can save them money, experience that will build confidence in yourself and your ability to handle any type of small business accounting questions that you might face.

Get the Tools Necessary to Be Prepared for ANY Accounting Challenge

There are no filler classes here. You’ll learn small business bookkeeping, not 10-key or data entry. You shouldn’t be satisfied with learning only enough to be somebody’s clerk. Don’t limit yourself. When you’re finished with our course, you’ll be a qualified small business bookkeeping professional; and if you complete the course material and evaluation with a 90% or better, you’ll earn the exclusive designation of Professional Bookkeeper (PB). Universal will show you the best way to be successful in the least amount of time possible.

We’ll Help You Start the “Perfect” Business Once You’ve Had the “Right” Education

Look at the tools that ensure your success:

• If you have questions, you can speak with a live voice on the other end of the phone for six months after you’ve completed your course. You can have confidence in your ability to help your clients because of your “support team” that is always ready to help you.
• By learning proper client interview techniques, you’ll learn how to ask the questions that will allow you to properly evaluate what you can offer your clients and what to charge for your services. You’ll be able to address all of your client’s needs because you’ll know not only what to ask, but how to ask it.
• The exclusive PB (Professional Bookkeeper) designation demonstrates to your clients and peers that you are a trained and qualified bookkeeping professional. Earning the PB designation allows you to enjoy a level of professionalism that demonstrates your commitment to both your clients and your profession.

Any bookkeeping and accounting course that doesn’t offer you the tools to either find a great job or start your own business is incomplete.

The Good News? This is Good for You!

The education you receive from Universal Accounting will make you a valuable asset to your clients. You’ll know everything you’ll need to know to provide the type of service to your clients that will help them save money.

Affordable Student Financing is Also Available

You can get started with a student loan; there’s no credit check and you’re pre-approved if you have a major credit card. Once your financing is arranged (which takes about 5 minutes online when you click the “Finance” button), you’ll get the entire set of course materials delivered to your door. No waiting.

Universal’s Ironclad Money-Back Guarantee Removes All Risk

If, after completing the course materials, you feel the course didn’t live up to your expectation, simply return the materials to Universal, for a 100% refund of any monies paid.

Do colleges and universities offer that type of guarantee? What about the franchises? (And unlike franchises, it won’t cost you up to $80,000 to get started.)

If It’s About Accounting, It’s Universal

Universal Accounting Center provides finest education in small business bookkeeping anywhere, with no hidden costs for books, tests, etc. I think you’ll agree that now is the time and Universal is the place.

Enrolling in the Professional Bookkeeper Program is the “right” choice for you. And when you order today, you will receive an additional 6 months of free coaching following your completion of the course. That means you can call us with a question at anytime for an entire year after you complete the program materials! Don’t wait another day to take advantage of the best investment you can make-in yourself! It’s the perfect start to the New Year. Enroll now.

Meet President and CEO, Allen Bostrom

Last summer, Universal Accounting Center updated their website and added a video tour to better introduce visitors to the UAC mission and to key Universal players. At the beginning of the video you’ll find Allen Bostrom, President and CEO of Universal Accounting Center.

Allen, Son of UAC Founder, Alf Bostrom

Allen is the son of Alf Bostrom, founder of UAC. In the 1960’s, Alf decided to venture into business for himself, and he started a management company. For a percentage of potential future profits, he managed failing businesses, many on the brink of bankruptcy, and promised to turn them around using his own capital and lines of credit. Alf managed 22 businesses in the course of his career, 8 together at one time. He became known as “The Turn-around King” and learned a thing or two about why small businesses fail and what they can do to succeed.

Alf learned how to make any business successful by adhering to basic principles in production, marketing, and accounting. He also learned that most individuals with accounting degrees lacked the proper training to do the accounting for the small business. Accounting professionals also didn’t seem to know how to market themselves. So to fill the gap, Alf created and wrote a small business accounting program. He opened his doors in 1979. UAC was formed to teach CPA’s, accountants, and business owners the proper method of small business accounting.

In 1992, Allen (a practicing CPA) and his brother Ken, joined the company and helped UAC to become an international institution with campuses located across the nation and a large online presence with multiple websites.

Allen, President and CEO of Universal Accounting Center

Allen is the first to tell you that he owes much of his business sense to his father, Alf. As a young man, Allen often accompanied his father to work where he observed powerful management principles in play. “These principles are even more important today than they were thirty-five years ago due to increased competitive pressures,” says Allen.

Allen himself has over 30 years experience working with businesses of all sizes and has taught over 25,000 people different aspects of accounting and business management. He has authored countless business management articles for publication and distribution. His weekly e-zine boasts a circulation of nearly 15,000 readers. And his blog offers his personal insight on accounting and other business issues. Additionally, he has developed coursework that is used in Universal campuses across the country.

He has refined and added to his early training that is contained in his latest release, In the Black: Nine Principles to Make Your Business More Profitable. It’s a quick read that can dramatically change the way a business owner looks at his or her business.

Allen is a much sought-after speaker and presenter promoting the importance of using accounting information in business decision-making. He has taught and practiced the Nine Principles in many industries, in all economic conditions.

Allen lives in Sandy, Utah, with his wife Sheri and their four children.

Allen’s Introduction to the UAC Video Tour

Allen himself introduces the video tour, explaining what Universal has to offer accountants, tax preparers, and small business owners.

Welcome to Universal [audio script]

Hi. My name is Allen Bostrom, CPA and President of Universal Accounting Center.

Welcome to the Universal tour. Since 1979 we have focused on the practical day-to-day application of the accounting process within small business.

We recognize that in the business world profit margins are too tight to let the bookkeeping, accounting and tax be ignored. In the next few minutes you’ll learn about the performance tools and curriculum Universal created to help businesses reduce taxes, increase profits, and put more money in the bank.

During this presentation you will be invited to access additional information about the great opportunities Universal offers. Below you will see different icons that will be mentioned during the tour; if there are any you would like to learn more about, click on them at any time.

Each of the icons below will transfer you to a new page providing more information on the corresponding topic. If you wish to return to the tour, just exit that screen and you’ll be brought right back to where you left off.

Now, to learn more about Universal, click Continue.

Start at the Beginning

Of Course My Business Is In The Black! Isn’t It?

My experience was pretty common. Having spent time at the helm of a small business, I know how touchy this question really is. Like many small business owners, I took my successes and failures very personally. And yes, I thought I had a real handle on what was going on financially within my business.

Allen Bostrom, President of Universal Accounting Center, was a friend of mine and we would talk about what I was doing in my business and where I thought my greatest profits and losses came from. As a small business financial expert, he always made himself available to offer insight and suggestions into things I might do to build my business.

Later, I’ll tell you how my lack of knowledge painfully taught me something that will make you very valuable to small business owners.

My Background Wasn’t In Accounting… and it Hurt My Business

Like most small business owners, my background didn’t include any accounting. I could read a profit and loss statement and a balance sheet. I could interpret the information and make financial decisions based upon its information, but I didn’t completely understand the accounting process and where those numbers came from or how they related to each other.

I Didn’t Know if the Information on My Balance Sheet Really Reflected What Was Going On in My Business - What’s Worse… I Didn’t Know that I Didn’t Know!

I fell into the trap most small business owners do… I believed the software company when they told me I didn’t need an understanding of small business accounting to use their software to do my books. That was a mistake. Without an understanding of the accounting process, I couldn’t know whether or not the information I was getting was the right information. You know you have the right information when it helps you confidently make better business decisions.

The software programs most small business owners use are only as good as the data entry. Let me show you how your expertise as a small business bookkeeper will make you an important and valuable part of making any small business profitable.

A Software Program is No Substitute for a Qualified Bookkeeper

Allen probably offered a dozen times to look at my books and offer his help. Of course, I felt like I had it handled and declined his offers.

A qualified small business accountant has an understanding of the bookkeeping process allowing him or her to offer insights into the information the accounting software reports to the business owner.

Learning the software is only the first part of becoming a small business accounting expert. At the end of this article, I’ll explain how you can learn these valuable skills and become worth your weight in gold to any small business owner.

OK… Who Are These Small Business Accounting Experts? How Do I Become One?

Many of these real experts worked in small businesses for years. They accumulated knowledge of small business accounting issues through years of successes and mistakes, by trial and error. Many of them work for small businesses who celebrate every day the contribution they make to their businesses.

These business owners understand that their bookkeeper is worth more than what he/she is paid because of the benefit he/she brings to the business. These “profit experts” forge an important link in the chain of business profitability.

To learn how a small business bookkeeper is really a small business profit expert click HERE

I’m Not a Bookkeeper. How Does this Help Me?

You may not be a bookkeeper yet, but with the help of Universal Accounting’s Professional Bookkeeper Program, you’re not far away. You’ll be surprised at how quickly you’ll learn the ins-and-outs of small business bookkeeping. And you won’t have to learn by trial and error either, because you’ll learn best practices developed over many years of real-world accounting and bookkeeping experience.

At Universal Accounting, we’ve taught small business bookkeeping and accounting for over 25 years. You’ll find that experience will greatly reduce your learning curve. You’ll be a small business profit expert in no time.

To learn more about options for bookkeeping and accounting training click HERE

Universal Accounting Trains 100’s of “Profit Experts” Every Year

Universal has trained people for this important and satisfying profession since 1979. We have small business bookkeeping down to a science. Many experts consider us the “Small Business Accounting Experts.”

Hands-On Learning is Hands-Down the Best

At Universal Accounting, years of experience proved to us that hands-on learning is the most effective way to learn the exciting and rewarding skill of small business bookkeeping. You’ll learn accounting by doing the books for a variety of small businesses. Examples include a frame shop, a construction company, a bakery and a motorcycle shop, to mention just a few.

You won’t just read about accounting, you’ll be doing it. You’ll have the confidence you need to start your bookkeeping and accounting business from the very beginning.

To Learn How to Pick the Best Bookkeeping and Accounting Training click HERE

Sir Francis Bacon said, “Knowledge is power.”

It has never been more true than in small business bookkeeping and accounting. Become a small business profit expert. You’ll be worth your weight in gold.

A Great Deal On the Most Complete Small-Business Accounting Training Available Anywhere!

Having a solid understanding of the Accounting and Bookkeeping methods and procedures is a great first step in learning the concepts behind Financial Business Analysis. You will learn to do books for small to mid-sized companies and how to analyze the books to prepare reports. You will learn to interpret reports so that you can advise your clients how to reduce costs and to better understand their financial standing and profitability. Your clients will look to you as an invaluable source of information about the financial health of their organization.

Every month the unemployment rate is announced. We are bombarded with news of people being laid off and jobs being outsourced overseas. Is there a stable profession that will provide you with the job security your family needs?

Would you be interested in a career with a solid track record that dates back to before the Italian Renaissance? The need for accounting has existed for hundreds of years. In fact, experts credit accountants with facilitating the development of cities, trade, and the concepts of wealth and financial management since Luca Pacioli, the father of modern accounting, wrote his textbook on accounting in 1494.

The accounting profession’s pivotal contributions include:

• The invention of writing
• The participation in the development of money and bankin.
• The invention of bookkeeping systems that fueled the Italian Renaissanc.
• The saving of many Industrial Revolution inventors and entrepreneurs from bankruptc.
• The assistance in developing the confidence in capital markets necessary for western capitalis.
• Playing a pivotal role in the information revolution that is transforming the global economy toda.

I’ve Considered Starting My Own Accounting Practice… Are There Really Opportunities for Me to Be Successful as a Contract Accountant?

Yes, in fact, there are. According to the Bureau of Labor Statistics:

“As the economy grows, the number of business establishments will increase, requiring more accountants and auditors to set up books, prepare taxes, and provide management advice. As these businesses grow, the volume and complexity of information developed by accountants and auditors regarding costs, expenditures, and taxes will increase as well. Increased need for accountants and auditors will arise from changes in legislation related to taxes, financial reporting standards, business investments, mergers, and other financial matters… These trends should create more jobs for accountants and auditors.”

In Other Words, Growth in the Economy will Create an Increased Need for Bookkeepers and Accountants through 2012 (Bureau of Labor Statistics)

That sounds like a pretty stable job outlook to me. And a great climate for starting your own accounting practice. You may be thinking to yourself, “But I don’t have a college degree. I can’t be a bookkeeper or accountant.”

That couldn’t be further from the truth. Yes, bookkeeping and accounting require a specialized education, but not a degree. It might surprise you to know that over 85% of the opportunities in the accounting field are within small businesses; and most colleges and universities don’t offer that type of specialized accounting education to their students.

Since colleges and universities don’t meet the needs of small businesses, where can you find the type of education that will create a successful career?

According to some, to gain practical experience, you’ll need to find a job at one of the big public accounting firms like Price Waterhouse, Cooper and work there for a couple of years. But they require a degree and still won’t provide you with the skills you will need to take advantage of 85% of the accounting opportunities. The needs of big corporations differ from the needs of small businesses.

Visit the Small Business Accounting Experts

At Universal Accounting, we understand the needs of the small business like nobody else. We’ve helped people like you start their own practices as small business accountants for over 25 years. With a curriculum designed specifically to address the needs of small businesses, Universal Accounting offers the most complete small business accounting course anywhere.

You Don’t Have to Take My Word for It

Click Here to Hear What Some of Our Graduates Are Saying

If you’re ready to enjoy a flexible work schedule, the freedom to do what you enjoy, and the ability to grow your income, there’s never been a better time than now, and there isn’t a better path to achieve that than our Power Package:

The Professional Bookkeeper Program

In less than 60 hours you can learn all you need to become the local small business accounting expert, flush with confidence in your newfound expertise and skill as you set up the business of your dreams.

The Universal Practice Builder Program

These days you can’t achieve entrepreneurial success unless you’re able to market your newfound expertise. With all UAC’s experience training financial professions in small business accounting, we’ve learned a thing or two about how to market those services. When you enroll in this program you will learn 12 proven marketing strategies, be trained in generating 15 to 25 qualified leads a month, and increase your annualized billings by $30,000 in just 12 months! We call it Marketing on Steroids; you can call it your successful new business.

Don’t wait to take advantage of the prime opportunities awaiting competent accountants today! Take advantage of this Power Package. Order Now!

There are three primary reasons accounting is critical to the success of every business:

1. Tax Planning
2. Cash Flow Management
3. Management Information

Lets go through each of them in the order above.

Tax Planning - How would you like it if you were the coach of a basketball team but were not allowed to see the score or the statistics until the end of the game? Does it surprise you that many small business owners run their businesses this way?

Many small business owners just collect all their financial information in a box during the year. After the year is over, they drop the boxes on their tax preparers’ desks and hope that their tax people can figure the assortment of papers out. The tax preparer then does his/her best to sort through the materials and come up with the information the IRS is looking for. Then a phone call to the business owner notifies him/her of the damages.

You don’t have to be a Harvard grad to realize that this is no way to manage a business. With information available throughout the year, a business can take advantage of tax deductions and tax planning concepts that will reduce taxes for the owner. It’s not unusual to save the business more on taxes than you charge them in fees for a year.

Cash Flow - Every business owner knows that cash is the ‘life blood’ of the business. Without it the business suffers, and in many cases is forced to close. On the other hand, with proper cash flow management, a business owner can make the best use of his/her cash, and anticipate cash needs in time to arrange for financing, if necessary.

Furthermore, knowing the bank balance is not enough. A business can have a sizable bank balance, but be in terrible shape. Our role is to go beyond the bank balance, and see further cash needs and resources.

Not only will you be able to provide the business owner with accurate lists of cash resources (current assets), but you will also assist them in collecting accounts receivable, reducing their tax burden, and acquiring financing through preparing all the necessary documentation for the bank, investor, or finance company. The fact that you are helping them with their accounting will improve the chances of them getting a loan, as banks deeply recognize the value of good financial record keeping.

Management Controls - Would you ever drive your car blind-folded? Of course not, that would be not only foolish but probably have tragic consequences. Yet, so many businesses have the blindfold on when they operate their business. They have no idea where they’ve been, where they’re at, or where they plan to go. Is there any wonder why one-third of all businesses close in the first 6 months of existence?

This is where you should use a presentation book. A presentation book is a sample of complete books of accounting for various types of businesses. You can create one, or Universal has such a book you can buy. Show the business owner what type of information you will be able to provide that will help him/her in running the business.

Review each journal. Identify the value of knowing how much sales a business had each month, and where the money was spent. Emphasize that payroll will no longer be the fearful subject it now is as you take over the burden of maintaining it. If they already have a payroll service processing their payroll congratulate them and offer to help them understand payroll even better.

Show them an income statement and balance sheet. The income statement provides the monthly ’score’ for the business. By comparing the current month to prior months a business can not only determine if they are improving or not, but also why profits were up or down.

The balance sheet provides information on financial resources and obligations. This will help to determine the strength and solvency of the business. By tracking key indicators, such as current ratio, you and the business owner can identify potential problems before they become insurmountable.

In each of these benefits you want to emphasize that information is power. The more information you can provide to the business owner the more capable they will be at running their business effectively.

As you’re finishing, ask the prospective client, if these benefits are appealing. If he/she says “Yes” then you will want to negotiate a fee that will be fair for them and fair for you at the same time. If not, this would be a good time to thank them for their time, leave your card, and move on.

For information on how to calculate a far and worthwhile fee see my article entitled “A simple and easy way to calculate your fee”

There is a great need for those able to offer these services to small businesses in today’s market. Full information in creating an accounting and bookkeeping service is available at our Accounting Made Easy website.