If you're finding it tough to land an internship in accounting or finance, a family business might be a good place to start. But should you list this experience on your resume? The short answer is: Yes, you can. Just make sure you're doing real work.
Ethical and Practical Considerations
- Legitimacy of the Business: The family business should be real with actual clients. For example, if it's an online accounting service with paying clients, it counts as a legitimate business.
- Actual Work Involvement: You need to be engaged in meaningful tasks, not just watching. Think of activities like tax preparation or bookkeeping that you can list as work experience.
- Honesty in Interviews: Be clear about your role if asked in interviews. Describe your contributions, like preparing financial reports or assisting with taxes. Being honest is key.
Valuable Experience
- Create a Professional Title: Use a title that reflects your duties, such as "Accounting Intern." This makes it easier for interviewers to understand your role right away.
- Detail Specific Responsibilities and Accomplishments: List what you did, like “Prepared monthly financial summaries” or “Helped file income tax returns.” Quantify your work where possible, like “Reduced monthly reconciliation time by 20%.”
- Avoid Nepotism: Don’t emphasize family connections. For example, “Worked at ABC Accounting Services” sounds more professional. Focus on your skills and contributions.
References
A concern might be the credibility of a reference from a family member. Try to get alternative references.
- Provide Alternative References When Possible: Use other employees or clients who worked with you as references. This shows transparency and credibility.
Addressing Interview Questions
Employers might ask why you worked at a family business. Be prepared with a clear and honest answer.
- Highlight Learning and Development: Explain that you gained specific skills and practical experience directly relevant to your career. For instance, “I worked at my mom’s accounting firm to get hands-on experience in financial statement preparation and tax laws.”
Additional Tips
- Consistent Format: Keep the format consistent with other job experiences. List the company name, your title, location, and employment dates.
- Separate Section: If you have multiple internships, consider creating a dedicated “Internships” section.
- Embrace Diversity of Experience: Show adaptability by highlighting various experiences. This provides a more rounded view of your skills.
Working for a family business can be a valuable experience. It's ethical to list it on your resume if you're doing real work. Be honest, specific, and professional in how you present this experience. This will show potential employers that you’re serious about your career and have gained useful skills, even through family connections. Good luck with your job search!