A nonprofit accounting expert speaks ( not me)
Accounting can be tough enough, all by itself, and nonprofit accounting is its own special animal; sometimes it can be a beast. All financial reports and the 990 tax return depend on good bookkeeping and expert management of all financial activities. The smarter manager knows what they don’t know; and I knew when to call in an expert.
Steve Hinds, PhD, is exactly that expert. I was introduced to him several years ago when he came to us to help set up and maintain an entire accounting department from the ground up. Steve has since worked with many other top notch organizations, big and small.
Superb Customer Service
Aside from his expertise in this complex field, Steve has always provided the best customer service. His patient explanations were always clear and made us understand why certain things had to be a certain way. I got call backs and check- ins and follow ups.
Steve has included a short article about how he started his practice and since we are all about start-ups and growth, his lists of steps are similar to those others could take in developing their own organizations.
And if you need any help with your beastly nonprofit accounting, do consider asking for his assistance, you will be happy you did. He has about 1000 ways to find him:
Certified Professional Advisor
Oracle Certified Consultant
Outright Certified Bookkeeper
QuickBooks Authorized Affiliate
Intuit Accountant Panel
Quick Books Certified Tutor with Background Check
How Steven R. Hinds,Inc, Started Up
After working for 5 years as a controller, I decided I could double my money working for myself. I already had 3 or 4 clients that wanted me as a consultant.
I started by offering only bookkeeping and taxes at $10/hr. It took about 6 months to get 10 clients and become established. Today I charge $25 to $200 an hour, have over 100 clients and net $150,000 a year. Here’s what I did—and you can too:
- Keep your current full-time job until you are making at least the same from your part-time business.
- Create a business name for your business, file your DBA, and get a business license.
- Join the local Chamber of Commerce, Better Business Bureau, etc.
- Create a tri-fold brochure, business cards and postcards.
- Send your brochure to all the DBA filings printed in your local paper.
- Create and publish a Web site.
- When employers advertise for a part-time bookkeeper, send out a resume with a cover letter.
- Every day, go door to door to businesses, handing out your brochure and business card. Best: Low cost industrial areas with small spaces.
Today, most of my business comes from referrals and from bookkeeping and tax services with too much work.
Through the years, I have added on other services as demand changed:
- loan packaging
- business plans
- software training
- articles for professional newsletters
- computer sales and services
- Quick Books Professional Advisor
- next-day internet or e-mail bookkeeping
- customized company policies/procedures
- internet html coding
- internet site creation
- internet site promotion
- other services
Key to success: Provide topnotch service and always meet promised deadlines.
image credit: http://www.insynq.com/images/angry-cpa.jpg