When Should You Hire a Bookkeeper?

bookkeeping Jul 18, 2024
When Should You Hire a Bookkeeper? Read more on the blog

When Should You Hire a Bookkeeper?

 

If you aren’t keeping your books up to date every month, it’s time to hire a bookkeeper!

At a minimum, bookkeeping should be done monthly for most businesses. Ask yourself if you are able to manage this yourself efficiently.

If you don’t know your profit (or loss) from last month, it’s time to hire a bookkeeper!

How will you decide what income streams to focus on? How will you know the amount you can allocate to a new project? Are you able to set aside an accurate amount for taxes? How do you determine what amount to pay yourself? You can answer all these questions *with the most accuracy* when you know your profits.

Profits: you need to know them to grow them!

If you are doing your books yourself, but you’re unsure if you are doing them correctly, it’s time to hire a bookkeeper!

There are a lot of rules in accounting. It’s okay to feel overwhelmed and confused by all the jargon and information. You don’t need to know it all. You just need to know when to take it off your plate and outsource.

 


 

👉🏼Do you want to make informed business decisions using your financial reports? Or perhaps use those reports to make an accurate budget?

👉🏼Do you want to know what you are profiting every month?

👉🏼Do you want your reports sent to your inbox every month?

👉🏼Do you want to spend more time doing your favorite tasks?

👉🏼Do you want to feel empowered by knowing all the money things that go on in your business?

If you answered YES to any of these questions, you are ready to hire a bookkeeper and reap the rewards!

Reminder! Everyone has a starting point. It’s okay if you don’t have the confidence that your DIY books are accurate, do your books regularly, or know your profits, YET. These things are essential to running a successful business and they need to get done, but don’t worry, you don’t need to do them yourself. Let us do the books while you grow your business.

Ready to hire a bookkeeper? Head to this page so that we can determine how we can best serve your needs!