Startup Idea: Bookkeeping Software for Freelancers

Startup idea to create a tailor-made bookkeeping software solution for freelancers. The software should track income, expenses, potential tax write-offs, utility bills for a home office, and calculate overhead costs for home-based businesses. It should also include features to manage quotes, accounts payable, and accounts receivable, and assist freelancers in creating profitable pricing packages.

I work as a freelance social media consultant, and one of my biggest pain points is tracking income and expenses, especially as it relates to tax write-offs and utility bills for my home office. A basic book-keeping software that tracks things such as quotes, accounts payable, and accounts receivable could be super useful when it comes to generating pricing packages for myself and other freelancers. This software could likely help calculate things that may qualify as "overhead," such as monthly utility bills and how they relate to the home-run business in a manner which suggests an amount or percentage of quoted prices that would cover the appropriate amount of the bill.