Why should I hire a bookkeeper?

WHY should I hire a bookkeeper?? 

I mean, I do just fine keeping the books myself.  Yeah, I spend some evenings and weekends ‘at the office’ and I’m not 100% sure that what I’m doing is even correct, but hey, it’s getting done… MOST of the time.

It doesn’t have to be this way! 

Here are 3 reasons to consider hiring a bookkeeper and how it can actually HELP your business.

1.     Lack of TIME

There are 24 hours in a day.  No matter how hard we try, it will always be that way.  And as a business owner (shoot, a human being!), we can only fit so much into the time we have. So when you can, DELEGATE!  Why spend multiple hours each week with your nose in the books when you could pay a bookkeeper to do it in a fraction of the time?  Sure, it will cost money, but how much is your time worth??  What could you do with that extra time to add value in another area of your business?  Is there an area in your personal life that could use some of your extra attention?

2.     Lack of KNOWLEDGE

What IS bookkeeping?  Well, it depends on who you ask.  To some it’s ‘just’ keeping receipts and balancing the bank accounts.  To others, it’s much more than that.  It's the backbone of their business.  It's what provides them with the information they need to make educated financial business decisions and ultimately make more money

3.     Lack of DESIRE

If I had to guess, I would say, that unless you own a bookkeeping business, you did not start your business just for the sake of crunching, organizing and analyzing numbers.  Am I right? Do you know how to do it?  Maybe.  Is it fun?  No…well, not for most.  But the reality is, bookkeeping is a necessity for ALL businesses, no matter what type or how big or small and by outsourcing this task you’re able to have the information you need at your fingertips without the weight of doing it yourself on your shoulders.

I completely understand the desire to do everything yourself, especially if it involves saving a buck, but in the long run, does it really?  If you find yourself spending too much time on your books, putting it on the back burner because you just don’t want to do it, or are unsure of what you’re doing in the first place, there are many of us out there that would be happy to help relieve your bookkeeping burden.