There are a few different options when it comes to banking and bookkeeping for your handyman busines

Banking

• Traditional bank: A traditional bank is a good option for handyman businesses that need a brick-and-mortar location to deposit cash and checks. Traditional banks also typically offer more features and services, such as online banking and bill pay.

• Online bank: An online bank is a good option for handyman businesses that want to save money on banking fees. Online banks typically have lower fees than traditional banks, and they often offer features that are specifically designed for small businesses, such as mobile check deposit and expense tracking.

• Credit union: A credit union is a good option for handyman businesses that are looking for a cooperative banking experience. Credit unions are owned by their members, and they typically offer lower rates and fees than traditional banks.

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Bookkeeping

• Manual bookkeeping: Manual bookkeeping is the most basic option for bookkeeping. It involves tracking your income and expenses on paper or in a spreadsheet. Manual bookkeeping is time-consuming and prone to errors, but it is a free option.

• Accounting software: Accounting software is a more efficient option for bookkeeping. It can automate many of the tasks involved in bookkeeping, such as invoice creation, expense tracking, and bank reconciliation. Accounting software can be expensive, but it can save you time and money in the long run.

• Bookkeeping service: A bookkeeping service is a good option for handyman businesses that don't have the time or expertise to do their own bookkeeping. Bookkeeping services can handle all aspects of your bookkeeping for you, freeing you up to focus on your business. Bookkeeping services can be expensive, but they can be a valuable investment for busy handyman businesses.

The best banking and bookkeeping options for your handyman business will depend on your specific needs and budget. Consider the factors below when making your decision:

• Your business size: If you are a small handyman business, you may be able to get by with a basic banking and bookkeeping solution. However, if you are a larger business, you may need a more sophisticated solution with more features and services.

• Your budget: Banking and bookkeeping can be expensive, so it is important to factor in the cost when making your decision. There are a number of affordable options available, so you should be able to find a solution that fits your budget.

• Your time commitment: If you don't have a lot of time to devote to bookkeeping, you may want to consider a bookkeeping service or accounting software. These solutions can automate many of the tasks involved in bookkeeping, freeing you up to focus on other aspects of your business.

Once you have considered these factors, you can start to research different banking and bookkeeping options. Get quotes from a few different providers and compare their features and services to find the best solution for your business.

Below are a few YouTube videos that may help out