When you think of Hibbing, Minnesota, “award-winning business consulting” may not come to mind – but it should. Karine Woodman, of 24hr Bookkeeper, has built a globally recognized accounting services firm located right in the heart of Hibbing.
By embracing technology and providing expert services for payroll, bookkeeping and QuickBooks™ training, Woodman and her team have quickly become sought-after business consultants, and 24hr Bookkeeper was recently named Intuit’s Global Firm of the Future. As the U.S. finalist, the company competed with finalists from the United Kingdom, Canada and Australia. Setting the company apart from the competition was the ability to integrate third-party software and apps with QuickBooks, and having a cloud-based approach to accounting services.
To Woodman, business accounting services translates into something more meaningful, helping people.
“We’re in the business of being trusted,” Woodman says. “We take care of people’s babies, their financials, and that takes a lot of trust. We truly care, and want our clients to be successful.”
Woodman knows being a business owner can be a lonely place, and strives to create simple and efficient workflows for her clients, so they can better understand their business financials. And because, her business regularly happens via video conference, Woodman can help business owners from across the nation – and does – all from her office in Hibbing.
Woodman founded 24hr Bookkeeper to help businesses on the Iron Range manage accounting, payroll and QuickBooks. Fast-forward seven years and the team provides consulting services to businesses across the nation. 24hr Bookkeeper has positioned itself to clients in all industries, but finds majority of their clientele are in the construction, professional services, healthcare and hospitality industries.
What is it like to run a national business out of Hibbing, Minnesota?
When I started 24hr Bookkeeper in 2010, I was seeking to help business owners on the Range tackle important business functions like accounting, payroll, and QuickBooks. These aren’t issues unique to only Hibbing, or northern Minnesota. Accounting is often a challenge for many business owners across the nation. Like many small businesses, we had a modest beginning but we quickly started attracting attention outside of the region. My organization has grown along with the technology we use, which is really the backbone of 24hr Bookkeeper.
Today my growing staff and I leverage technology to serve clients all over the nation. We conduct all our consulting via video, and are able to train businesses on QuickBooks and workflows through shared screens.
We provide accounting services, but we’re in the business of helping people. Being an entrepreneur can be a lonely place, and at 24hr Bookkeeper we help business owners grow and succeed by creating simple and efficient workflows. When you understand your bookkeeping, everything else tends to fall into place.
Why do customers come to 24hr Bookkeeper?
Our customers are looking for help. They’re busy business owners who need to offload a portion of their work, and we’re happy to provide services to support them. Our knowledge of QuickBooks and third-party QuickBooks integration is what keeps them coming back. We build strong relationships with our customers. We know their businesses inside and out, and we’re driven to help our customers succeed. The 24hr Bookkeeper team becomes a part of their team, and we’re all in it together.
Many of our customers are in the professional services, healthcare, and hospitality industries, but we are seeing a lot more construction companies looking to outsource some or all aspects of accounting.
And since 24hr Bookkeeper was named Intuit’s Firm of the Future for 2016, we’re seeing more and more customers wanting to work with us. It’s a very exciting time!
What does it mean to be Intuit’s Firm of the Future?
It’s been an adventure! Intuit recognizes that cloud technology is the future of business, and with the Firm of the Future award, Intuit acknowledges a firm that has not only adopted cloud technology, but is using it to drive business forward.
24hr Bookkeeper was a natural fit for this competition. We leverage cloud technology to work with our clients every single day, and we’re always learning and growing more proficient in QuickBooks and the third-party applications that can be integrated.
To me, being named Intuit’s Firm of the Future is not only a big win for my business, but for all entrepreneurs in rural areas. I’m a real-life example that
living in a small town does not limit your potential for success. You can grow on a large level no matter where you live. Networking, putting yourself out there, and embracing technology are keys to a prosperous business in a small town.
How has the Entrepreneur Fund helped 24hr Bookkeeper?
I’ve developed a mutual relationship with the Entrepreneur Fund. I share my expertise by assisting and facilitating training with Entrepreneur Fund clients in the areas of QuickBooks and financial services. Many first-time business owners don’t know where to start when it comes to bookkeeping, payroll, or accounting, so it’s been great to offer this kind of assistance to help local entrepreneurs get started on the right foot.
Soon after I began facilitating workshops, I got to know some of the Entrepreneur Fund business advisors. I started working 1:1 with an advisor, and I found a lot of value in the advice and guidance I received. I knew I wanted to take my company to the next level, and having support from someone with actual small-business experience helped me to systemize operations and streamline 24hr Bookkeeper’s fast-paced growth.