Hiring an outside bookkeeper to help you with your small business needs is a great way to save you money and valuable time. Simply ask yourself, how much time do you spend every day or week keeping track of your expenses, paying your employees, creating invoices for potential customers or clients and all the other little things you do that keep you from your family and business. When you attach a dollar sign to your time, what figure do you come up with? I’m pretty sure if you looked at your time in dollars, it is cheaper to pay someone to do some of the things that take you away from your business and family.
Many small business owners think that it is cheaper and easier to do the work themselves, well I happen to disagree. Think of the number of hours you spend and if those valuable hours could be spent making yourself more money. If you answered YES, then hiring a bookkeeper is the way to go. Consider making a phone call to inquire about the pricing. That phone call is free but could end up saving you or even making you thousands of dollars over the course of the year. You ask how paying someone to keep your books could save you money?? Please read about the Health Care Reform. Outsourcing would give you an employee that you are not responsible for providing medical insurance.
I value my family time and enjoy watching my son play baseball. I’m sure there are plenty of things that you as a business owner miss out on because you are sitting after hours or before you open bogged down with the paperwork side of your business. How much more enjoyable would your business be if you could concentrate on what you enjoy? Chances are, you opened your business to do something you enjoyed and were good at and that the paperwork side wasn’t something you envisioned could consume you the way it does.
On behalf of bookkeepers in the Reading area and beyond, I hope you take some time to make that phone call and set up that meeting to at least entertain the idea of having someone give you the much-needed help you could use. I know I’d be glad to come to you and meet based on your availability.
Most business owners believe the cost to hire an outside bookkeeper is too much. Have you really asked yourself some of the advantages of hiring someone else to keep your records for your business?
There are many reasons that a business owner may want to keep all the records themselves, or the most common, have their spouse do it. In some instances, this is fine, but sometimes it is best to distance yourself a little bit from this task. Allowing someone else to do the “behind the scenes” work can have huge benefits. An outside objective mind is always a nice asset.
The biggest benefit would simply be allowing you to concentrate on your business. You will not have to cut your day short just to pay bills or do payroll. These tasks alone can be very time-consuming. When you add up the time for these tasks, you can easily lose days of work time a month. This time could easily have been spent concentrating on your business.
Bookkeepers don’t just pay bills and do your payroll either. Contractors and landscapers can really use some of the benefits of a bookkeeper. I have the ability to make up detailed invoices, detailed job estimates and process job payments, just to name a few. How nice would it be after a hot long day at work, to not have to write up the estimates for a new job and send them or deliver them back to the customer? You can email or call me the info and I can type it up and email it directly to the customer. Time is money.
Another nice advantage of hiring a bookkeeper is income tax time. Proper record-keeping throughout the year can really save a lot of time and money at tax time. There is a good chance that someone keeping their own records is missing valuable information that would benefit them on their tax return. Proper bookkeeping really helps to keep your expenses where they belong to allow for proper deductions. Again, this equals more money in your pocket.
Proper use of a bookkeeper can really pay for itself when you factor in the amount of money it can make you or save you throughout the year.
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