Updated: Jan 1, 2019
1. If you know your business’s numbers, only then you truly know your business – Accounting is the language of business. Keeping current and clean books is crucial to your business’s success. Reading reliable financial statements is your biggest tool when it comes to critical management and strategic business decisions.
2. Tax season and dealing with the IRS will be a breeze – If you properly keep up with your books throughout the year it will make life easier on your tax accountants, which will save you money because CPA hours are much more expensive than a bookkeeper’s hours. In addition, if the IRS were to reach out for any needed information, organized financials will make it much easier to work with them.
3. Focus ON your business and not IN your business – If you have a growing business it is time to let go of the day-to-day bookkeeping and focus on the bigger picture growth of the business. Same thing goes for if your business is stagnant and are trying to take it to that next level. It’s time to let go of the bookkeeping and data entry and focus on the overall growth of the business.
If you are on the fence of getting a reliable bookkeeper, feel free to contact us.