Alas, tax season is upon us once again, but it doesn’t have to be taxing at all.
If you have noticed that your daughter has an uncanny knack for numbers and money, then put her noodle to work. Many taxpayers are overwhelmed with the daunting tasks of getting their information together for filing taxes. It can be a real headache. A headache your daughter can alleviate by organizing receipts by date and/or creating a filing system that will allow filing taxes to be smoother and less time consuming.
This is a chance for your daughter to not only earn money, boost her confidence, and ignite an entrepreneurial spirit – but also gain experience. And consumers will be more than happy to avoid paying expensive and high tax prep fees. It’s a win-win for both your daughter and her customers!
Here are two easy ways to get started:
1. Create a flyer. Share two benefits
One of the biggest things often missing from flyers are the specific benefits that a buyer gains. List one or two results that would happen if they book the organizing service – ie. more time on the weekend, less time in the bookkeeper’s office, less money at the accountants.
No one likes to think about organizing for the tax season. But if you can focus on the benefits that they will gain..it makes it a bit less painful
2. Learn some basic bookkeeping principles
Google a few sites or watch a few Youtube videos about the basics of bookkeeping.
Your daughter doesn’t need to learn the differences between single entry or double entry bookkeeping. It is strictly an opportunity to learn a few terms and understand how things like receipts, year end statements and other important documents need to be organized.
Let me encourage you to reach out to 10-15 people and have your daughter share her new business idea.
Share any successes and highlights in the comments!