Your business is growing and your time is valuable. It was fine in the beginning—you could easily handle working in the business and working on the business. However, the more you grow your business the less time you have for office administrative work like bookkeeping. Service industries have it the worst, as the business owner is out working on jobs all day long, then has no choice but to come home and do paperwork all night instead of spend time with family.
As a business owner, it is likely that you will find that you need help with bookkeeping. It can quickly become too time-consuming and you will start to fall behind. Missing bookkeeping deadlines brings expensive fines and penalties; financial problems quickly compound into serious legal issues. So what do you do? Hire an in-house bookkeeper or outsource your bookkeeping to an accounting firm?
Benefits of Outsourcing Bookkeeping to a Local Accounting Firm
The benefits of hiring a professional accountant for bookkeeping often greatly outweigh bringing on a full-time bookkeeper, especially when it comes to small businesses. Your time has value. With an accounting professional to handle your bookkeeping, you will always have the support and backup you need to run your business. Let us do what we do, so you can do what you do!
- No turnover
- No workers comp
- No extra payroll taxes
- No additional workspace
- No additional computer/equipment
Preparing for a Consultation
Here are a few bookkeeping questions you will want to prepare answers for:
- Do you have a separate checking account for the business?
- Do you have a business credit card?
- Is your business setup as a sole proprietor, LLC, partnership, or corporation?
- Will you need assistance with changes in filing status?
- How many employees does your business employ? It would be beneficial to bring payroll information.
Things to bring with you to your consultation:
- 3 months bank statements
- 3 months credit card statements
From there, we can determine how much support your business needs and tailor a package specifically for your business.