If you’ve been asking yourself this question, the answer is, ‘Yes’!

You own your business for many reasons-to manage your own books is not one of them.

There are several reasons business owners start to think about hiring a bookkeeper. Here are a few:

• Lack of knowledge

• Lack of time

• Lack of organization

• Lack of interest

Here’s why hiring a bookkeeper is a smart thing to do:

1. Knowledge-experience and training are on-going. We have more than 25 years in combined experience. We also renew QuickBooks Online certification annually.

2. Efficiency-it’s what we do for a living. It will take us less time to manage your books on a weekly, monthly, or quarterly basis than you will spend on them. This will free up your time to spend more of it on your business or elsewhere.

3. Accuracy-making smart business and personal financial decisions requires it. Accurate data entry ensures accurate business reports such as the Profit & Loss and the Balance Sheet. These are important reports to understand the financial health of your business.

4. Cost effective-locate costly mistakes faster. A bookkeeper can locate customer underpayments, vendor overpayments, and bank errors fast when they are regularly managing your books. This saves you money and helps you receive the money you are owed.

5. Organization-makes it easier and faster to process the ‘paper’. Working with a bookkeeper can help with your office processes that involve money. The better organized these processes are, the more efficient, accurate, and cost effective the processes become.

6. Tax preparation-easier to hand off to your accountant. A bookkeeper managing your company books properly makes it much easier at calendar- or fiscal-year end to hand things over to your accountant. This saves both time and money.

7. Business Valuation/Loan Application-quick access to accurate business financial information. If you need to apply for a business or personal loan (or even a mortgage) and you are a small business owner, banks will want to see your business financials. A bookkeeper keeps your books up-to-date and accurate, making it easier to get this information quickly for your bank or your accountant. This information and the business history will also be needed if you ever consider selling your business.

8. Timeliness-it matters. Whether your bookkeeping needs are small and can be met quarterly or your business activity requires weekly bookkeeping, staying current with your business finances can help you make smart decisions quick and with low stress.