Why do I need to hire a bookkeeper?

Your business needs to keep financial records

Even small errors can lead to significant issues in your business. A professional bookkeeper safeguards your business against inaccuracies that can propagate through months and even years of records. Reliable data gives you the ability to make informed decisions about where to take your business

Save time and focus on your business

For those who are not focused on the numbers, doing the bookkeeping work will take much more time. That’s time better spent on what you do best - growing your business. A good bookkeeper can save you the time you need to focus on other business tasks, making your business more efficient

Tax compliance

Knowing where every expense should go keeps your business in line with the most recent tax laws. Your bookkeeper can work with your accountant to verify your business is prepared for tax season.

Credibility for loans

If your business needs a loan, the bank will want to examine financial records for the business. Having books that are accurate, up-to-date, and compliant with regulations lends credibility to the business. It makes the business more appealing for loans as it proves you take your finances seriously

Financial overview

A bookkeeper can explain complex financial reports so you understand the current state of your business. Perhaps you struggle to understand why your income seems sufficient, yet there are often shortfalls when it is time to buy inventory. Or you may wonder how much money you should pay yourself out of the business. A bookkeeper can provide clear answers to those questions by providing financial reports, and explaining their importance in a way someone without an accounting degree can understand