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Bookminders

Bookminders is an American company providing outsourced accounting and bookkeeping services for small businesses and nonprofit organizations, and is an innovator in utilizing a home-based professional workforce.

The company has devised a unique system that compensates their home-based professionals based on the volume of transactions processed. The incentive system helps to attract and retain high performance employees and was inspired from a 60 Minutes segment on Lincoln Electric, a company that successfully used employee incentives to manufacture world class products.

Bookminders has a licensing program for accountants who want to build a large-scale bookkeeping practice. The program consists of Marketing & Sales Programs, Pricing & Compensation Systems and Service Delivery Processes. They also provide training programs, help systems and reference materials to address the unique challenges of the industry.

The company developed the concept of the "Cottage Corporation." A cottage corporation has its employees working from home and its corporate headquarters in an office building, unlike a home-based business which has its main office in a home.

Bookminders has been featured in media outlets including Philadelphia Business Journal, Pittsburgh Business Times, Smart Business Network, TEQ, Intuit Advisor Spotlight, Accounting Today and The Wall Street Journal.