You’ve got your business up and running but you realize, you don’t have time or energy to do the books and do them well. Your time is better spent in your zone of genius, but how do you find a bookkeeper?
Defining A GOOD Bookkeeper
Not all bookkeepers are the same. It’s an industry that is unregulated and does not require any education or training for you to open up shop as a bookkeeper
I am a bookkeeper. I see the inside, behind the scenes, nitty gritty numbers of so many types of small businesses (private practices, legal offices, real estate professionals, etsy shops, virtual and brick and mortar businesses). There are some key differences between the ones who are thriving and those who are struggling, even dying out during challenging times. Because let’s face it, a recession will come. It may not be if, but when and you want a business that comes out stronger.
The businesses that THRIVE do the following:
There are a lot of basics to cover when it comes to your bookkeeping. You need software, you need your reports and you need your budget and cash flow. You can have all of those things, but if you don’t have Organization - you can throw ease with your bookkeeping out the window.
If your bookkeeping is organized, it makes filing your taxes, planning your budgets and making business decisions so much easier.
Bookkeeping is one of those necessary aspects of business. However, it can end up being one of the last things small business owners and service professionals want to deal with. It’s important to know that bookkeeping is more than just adding categories to your expenses and income. Good bookkeeping gives you data you can use to make better decisions for your business growth.
So you can imagine that if your books aren’t organized and accurate, is a stressor that can build up and over time wreak havoc on your business plans. There are many common mistakes that we see business owners make, especially physicians, attorneys, allied health providers, therapists and other service professionals.
Of all the things you have to do to run your business, bookkeeping often ends up at the bottom of the list. As a business owner and entrepreneur, you like to think forward, planning and implementing change in real time. Bookkeeping is often seen as reflecting on the past BUT it can have a huge influence on the business decisions you make moving forward.
Let’s make bookkeeping easy! We’ve compiled our top 10 small business bookkeeping tips along with action items to make bookkeeping beneficial for your business growth.
