How A Bookkeeper Can Help Your Business

Getting comfortable with hitting the account books and analyzing data is more important than ever in this post-pandemic world, but what if numbers just aren’t your thing? That’s okay! You don’t have to live and breathe numbers in order to be a successful business person – that’s why Bookkeepers exist!

Still skeptical? Don’t worry, I want to go over with you all of the wonderful benefits of hiring a Bookkeeper for your business:

• No more bookkeeping on your to-do list.
• No worry over estimating quarterly taxes.
• Creates a business partner to answer all your money questions so you’re not alone in making financial business decisions.
• Frees up your mental energy to focus on growing your business.
• Go into tax time confidently

Now that we’ve convinced you to think about hiring one, the next most important question you need to ask is:

What qualities and traits should I be looking for in a bookkeeper?

• Great communication
• Someone who understands your process
• Someone who asks questions
• Understands technology
• Right personality fit
• Knows the business side of bookkeeping (It’s not all about the numbers.)

Your bookkeeper should know and understand how to run a business. They can help guide you in making the right business decisions.

We have heard the question time & again “Can a bookkeeper help me make more money?”

Absolutely!

Most importantly—having a bookkeeper will provide you with more time and energy to focus on your business. They’ll also provide accountability to help you remain focused on growing.

Bookkeepers can also save you time and money by helping with:

• Customer billing
• Collections (they can help you speed up cash collections)
• Find out if you have a theft problem
• Find services you forgot about or aren’t using
• Keep track of your expenses so you know when and where to cut back

As a business owner, you’re responsible for providing all of the necessary information to your bookkeeper, and for responding (promptly) to questions.

Your bookkeeper is responsible for taking all of the data and information and keeping your accounting software current. They should respond to any questions on a timely basis, and should provide you with monthly financial statements and key performance indicators. Schedule monthly calls and take advantage of their information.

How do I know I can trust them?

• Look for a bookkeeper with training and accreditation.
• Look for a bookkeeper that has experience.
• Look for a bookkeeper within your referral or social network.
• Find a bookkeeper who is willing to meet with you (in person or virtually) on a regular basis.