Articles of Interest

4 Signs that It May Be Time to Hire a Bookkeeper

By Andy Carnaghe on Jul 28, 2020 in Articles of Interest

Do you love the thought of handling the bookkeeping for your business? For most of us, unless you do accounting  for a living, the answer to that question is probably no.

How much time does it take you on either a daily or weekly basis to handle this task? If you are finding it is taking too much time away from what your focus should be, it may be time to consider hiring someone to help.

Most people in business for themselves, especially those starting out, believe they can keep their own books. After all, they find plenty of good accounting software on the market, programs that practically fill the spreadsheets out by themselves. They believe they can save money and at the same time keep a closer eye on expenses when they write every check themselves and balance every account.

Those arguments have a lot of appeal. But I’ve found that in the long run, a bookkeeper or accountant is not just someone who keeps track of the pennies and receipts, but a key member of your management  team

Here are 4 signs that it may be time to hire a bookkeeper:

  1. You loathe the thought of even opening your financial software program.
  2. You find yourself in the office past your normal working hours tackling bookkeeping issues.
  3. Your frustration level grows higher each time you work on your books.
  4. At tax time you stumble to get your paperwork together for your accountant or CPA.

Don’t waste another precious minute of your time getting your books together… it might be a better use of your time to focus on those things that are more important to you and to the success of your business.

In short, specialists are worth their salt because they know how to save you time and money.

Your peace of mind will be well worth it.