Tom Joseph got the idea for Bookminders when he was looking for a way to help his father and uncle do their own bookkeeping and accounting. He found that developing computer software to handle the numbers was one thing, but locating someone with the accounting skills was something else.
Now Joseph, who started the company in 1991, employs 45 work-at-home professionals who helped generate $1.5 million in revenue in 2001, a 23 percent increase over the previous year.
Joseph’s concept is simple: Accountants with four-year accounting degrees and at least five years experience work from home-based offices for Bookminders’ approximately 200 clients.Business owners looking to cut or eliminate staff pay the business an average of $1,000 a month for its services.
Joseph is planning to introduce a Quickbooks Web-based product that will allow accountants and their clients access via an application service provider.