Do you need a bookkeeper?
We believe every business owner should have a CPA from the start. Your CPA will ensure that your business is tax compliant, advise on the correct business entity for you, and help you save the maximum amount on taxes.
But to be honest, not every business needs a bookkeeper. If you enjoy numbers and have the time, then you can likely manage your books yourself.
But if that’s not you, you might consider hiring a bookkeeper. Here are a few reasons to make the move:
You get to the point where the time you are spending on your books is keeping you from focusing on other crucial areas of your business.
Your books are falling through the cracks because you can never seem to find the time to do them.
You just really hate the financial details and are tired of having it hang over your head.
I’ll give you a few real-life examples. I have a great client who is super detailed and keeps her books very well-organized. She reached out to me because it was just time to get the financial piece off of her plate because of the scale of her business.
Now, we meet monthly to go over the big picture of her finances. She knows what she needs to do, and she’s happy and free to focus on the things that only she can do in the business. It’s not that she can’t manage her own books. She simply wanted the freedom to focus on the bigger picture.
On the other hand, many clients come to me feeling very unorganized and lost when it comes to finances. They have no desire to learn or spend their time on something that a professional could do. I can think of one specific client who fit this description when he came to us. He experienced immediate relief that we were able to shoulder that burden of the financial details.
If you can relate to one of these clients, it might be time to outsource your books. Book a 15-minute chat with us to discover how we can help.