Episode 77 - First Steps for Growing your Bookkeeping Practice

On this week's podcast Jo Wood and Zoe Whitman discuss the first steps a bookkeeper can consider when growing their bookkeeping practice.

This is for you if you’re considering scaling your practice, taking on your first member of staff, your first sub-contractor or investing in software to automate processes.

Jo and Zoe discussed the ways bookkeepers can scale their bookkeeping practice, some of those ways

They discussed:
03:40 Taking on your first member of staff and paying their salary
05:20 Shifting from finding clients and doing all the work, to employing staff
06:30 First steps to take before bringing in staff
07:20 Why having time to work on the business is important
10:00 Things you can do to streamline your admin and give you back time 11:50 Using software to scale your practice
13:00 Working with your software account manager to use the software in the most effective way
15:00 Hiring subcontractors
17:55 What are your goals from scaling your practice
19:15 When do you start to pay for software
22:45 The benefit of getting software set up correctly before you take on your first member of staff
27:00 Setting targets for employees
28:20 Taking on your first member of staff
30:30 Considerations around finances before you hire employees
31:50 Bringing new people into your business

Resources:
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The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.