Are you stretched too thin? Is the passion you once had for your business diminished by doing your own bookkeeping? Here are the top 10 reasons that a virtual bookkeeper is right for your small to medium sized business.
1) Every business should have a bookkeeper.
As a business owner, you need someone who will fight for the financial well-being of their company.
2) Saves on employment cost.
With a virtual bookkeeper, they are not an employee. Your business is not obligated to pay payroll taxes, workman’s comp insurance or health insurance premiums for them. You also do not have to provide an office, a desk, a computer or any office equipment for them. Just think of all the office supplies you won’t have to purchase! That saves you money!
3) Ensure that your Accounts Receivable are paid in a timely manner.
Are you in business to make money? I know that sounds like a silly question, but are you? If you are not keeping a good eye on and following up with people that owe you money, it is quite possible that you are leaving money on the table. That is money that your business could have as profit or to could be used to pay the company’s bills.
4) Frees up your time to do the things that you love and enjoy.
Are you more of the creative type, who enjoys working on new business concepts or networking more than doing the books? As a business owner, the majority of your time should be spent doing what makes your business money. If it doesn’t make you money and you don’t enjoy it, outsource it to someone who does that task and enjoys it. I love working with numbers and making business owner’s happy!
5) Saves you time from having to train someone how to do your books.
Once your books are set up with a virtual bookkeeper, your time with your new bookkeeper should be limited to a few emails a month and an hour teleconference to receive a monthly update on the financial health of the company.
6) You receive accurate reporting.
You can trust that the care and attention put in to your monthly financial reporting.
7) Pay for only the bookkeeping services you need.
Our fees are based on the size, number of transactions and the reporting that your business needs.
8) Ensures your bills are paid on a timely manner.
Build your reputation with companies that you do business with by ensuring that your bills are paid in a timely manner.
9) Make better financial decisions.
Having the most up-to-date information available, helps you to be about to make the best financial decisions possible for your business. You never have to guess what the financial health of your business is.
10) Have a stress-free tax season.
Raise your hand if you LOVE tax time. Let me guess. You DIDN’T raise your hand! Not many people can. Most companies are scrambling to get shoeboxes of receipts together. Pulling pieces of paper together from every nook and cranny in your office. Once you are established with a bookkeeper and your books are up-to-date, tax time becomes a piece of cake!
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