As a business owner trying to find time to do ALL aspects of your business is a major stress factor. Many want to outsource the things that they LOVE for instance one of my mechanic clients wanted to get an employee to work on the cars so that he can work in the office. He HATES paperwork and being stuck behind a desk. After speaking to him and delving into what he actually needs to run his business more efficient, we’ve come to the conclusion that he needs someone to help him in his office on a part-time basis. Thus, giving him the time to do what he LOVES and SAFING him money by not having to pay a full-time employee.
On the back of that here are 5 Reasons why as a small business owner you should hire a BOOKKEEPER!
1. Time
As a business owner, the most important thing is to have proper and effective time management. Spending lots of time to keep your accounts up to date does not make sense. Could you imagine how many more sales could you have made on those hours?
2. Not Your Passion
Business owners are exhausted forcing themselves to do things that they don’t want to do. While you could focus on the other side of your business and hands on the wheel to keep it 100% moving.
3. Bills Paid on Time
Forgetting to pay your bills on time will affect your business credit. Nothing is better than paying on time. By having a bookkeeper you’ll be confident that your bills are paid on time.
4. Tax Preparation
During tax filing, it is more efficient to have detailed financial information ready for tax season. Paying your taxes is tough if your books are out of date.
5. Cost Reduction
As an entrepreneur, you think you will save money if you’ll do everything, but you’re WRONG. A professional bookkeeper could only save you more. Think about the late payment charges, tax computation errors, and lack of knowledge.