Bookkeeping and accounting services
Recurring or catch-up bookkeeping, payroll and billing work, delivered as a service or by acquiring an existing practice.
2 creators independently cover this, across 3 variations.
online B2B
Sources: Chris Koerner on The Koerner Office Podcast · David Heacock
Niche recurring bookkeeping, payroll, and medical-billing service
David Heacock — 100% REMOTE Boring Businesses (That Almost Never Fail)
Provide recurring, document-heavy financial or administrative services that customers find painful and that can be made more efficient with AI-assisted document processing.
Problem: Customers avoid complicated recurring work, and mistakes in bookkeeping, billing, payroll, or reconciliation can cost them money.
For: Businesses that need bookkeeping or payroll, doctor's offices that need medical billing, and other narrowly defined business niches.
Steps
- Choose one service area, such as bookkeeping, payroll, or medical billing.
- Pick one customer niche, such as contractors, dentists, or real-estate investors.
- Learn the relevant software, choosing either QuickBooks or Xero for bookkeeping.
Examples
- Bookkeeping: businesses need their books closed every month, creating recurring customer payments.
- Medical billing: doctor's offices pay someone to manage complicated, changing, document-heavy billing because mistakes cost them real money.
- Payroll: businesses need payroll handled on an ongoing basis.
Overnight bookkeeping cleanup service
Chris Koerner on The Koerner Office Podcast — 5 Ways to Make Money From an AI the Government Fears
Process neglected bookkeeping and financial records overnight, then review and return cleaned-up books to small and medium-sized businesses on a rapid schedule.
Problem: Bookkeeping cleanup is tedious, often delayed and commonly turned down by bookkeepers who prefer other work.
For: Small and medium-sized businesses with overdue books or financial records, plus bookkeeping firms with unwanted overflow cleanup work.
Steps
- Choose bookkeeping cleanup as the specific service offer.
- Target small and medium-sized businesses that are behind on their books and financials.
- Join or monitor Facebook groups used by bookkeepers.
Examples
- Overnight turnaround shop: The proposed service charges roughly $3,000 per cleanup, with one cleanup per week described as capable of producing six figures per year.
- Bookkeepers in Facebook groups: Many are described as turning down cleanup work because they dislike it or have more important work.
AI-enabled bookkeeping and accounting-practice acquisition
Chris Koerner on The Koerner Office Podcast — AI is STEALING These Jobs! Here's How to Profit
Acquire small accounting practices or mom-and-pop bookkeeping firms and use AI to enable employees to handle more clients.
Problem: Accounting firms face AI disruption and can use AI to increase employee productivity and client capacity.
For: Small accounting practices and bookkeeping firms that can be acquired and made more productive.
Steps
- Identify small accounting practices or mom-and-pop bookkeeping firms as acquisition targets.
- Acquire a suitable practice.
- Use AI to enable existing employees rather than overtly replacing them.
Examples
- Small mom-and-pop bookkeeping firms: identified as acquisition targets for an AI-enabled accounting model.