Is It Time to Outsource Your Bookkeeping?
You’re a busy entrepreneur wearing all the hats and doing #allthethings in your business. While you understand just how important knowing your numbers is, you only have so many hours to tackle the tasks behind the scenes of your business. And, frankly, your bookkeeping just isn’t at the top of your to-do list.
Knowing your numbers doesn’t have to leave you feeling like you’ve piled yet another thing on an already full plate.
But, too often, I see business owners struggling to keep up with their bookkeeping when they should be outsourcing it to a professional and focusing more on the work they love doing.
Handing over your finances to a professional requires trust. You’re essentially inviting a person into your private money affairs to observe, correct, and advise you. And while it might seem like an intrusion on the surface, the right professional will make it a welcomed one.
Hiring a professional also means figuring out how much you can afford to spend for assistance. The expense may feel like a stretch when you don’t know your numbers, but scheduling a consultation with a qualified professional should help you decide. An honest accounting professional will do a quick review of your numbers and tell you upfront which services best fit your budget without the pressure of an upsell.
Now, you may currently be at the point where you’re ready to seek some assistance. And if you are, my advice is to interview a few candidates to determine with whom you’ll have the best working relationship. It all comes down to skill, communication style, and accountability. You’re looking for someone who is knowledgeable about accounting for your business and industry, communicates in a method you enjoy, and holds you accountable in your finances.
This process sounds a little easier now that we’ve shed some light, right?
Up next …
Next week we’ll talk about some questions you should ask when you start looking to hire your first bookkeeper. Join the conversation on Instagram @thecreativescfo for more on this topic and others. See you there!