There are approximately 5.45 million small businesses in the UK - all of which will benefit from great bookkeeping. Many of these businesses outsource their bookkeeping and who only require a bookkeeper for a few hours a month or a couple of days a week.
There are so many benefits to running your own business including flexibility, freedom and creativity. However, being self-employed does not suit everyone and there are lots of things to consider before you make any big decisions. You should bear in mind that your business will need your people skills just as much as your bookkeeping skills. Successful startups have a plan for proactively acquiring those crucial first clients, but once your bookkeeping business is established you should find that you gain clients just through word of mouth.
We are here to help you every step of the way.
If you are a bookkeeper running your own business and providing a service to clients, you are legally required to have a supervising body in accordance with the Money Laundering Regulations 2017 (MLR). ICB members are supervised through the Practice Licence scheme.
Find out more about the ICB Practice Licence
If you are running a bookkeeping business and are not registered with an MLR supervisory body, you are breaching Regulation 56 of the MLR and should apply to a supervisor as soon as possible. You may be asked to pay a penalty and/or unpaid fees.
ICB members in public practice must hold an ICB Practice Licence even if they are registered with another body that is acting as their MLR supervisor. If this applies to you please send proof of your MLR supervision together with your application for a Practice Licence.
“We feel very supported and use all the resources. We know ICB has our back.”
Lisa Pirie MICB
Acey Bookkeeping
If you're thinking of starting your own bookkeeping business, download our guide.
