1. BOOKKEEPING Why use a Professional Bookkeeper? Many businesses falter or even fail without good bookkeeping. While you are busy promoting and nurturing your business, a professional bookkeeper will keep you apprised of where your business is heading. This gives you the tools to make informed decisions and avoid pitfalls and unnecessary financial stresses. Having a professional take care of your financial information and government forms allows you to maximize your time and focus your strengths where they are needed most. Timely, professional invoicing and follow-up on unpaid accounts gives you the money you need to grow your business.
2. Government Forms: It is extremely important for your business to submit properly completed government forms on a regular basis. No delays means no penalties. Proper and complete information means no red flags on your account. Knowledge of the rules and regulations avoids costly mistakes.
3. The Complete Picture: Keeping accurate financial books and records allows you to see where your business stands. Having “real time” data at your fingertips in a meaningful format provides you with a complete financial picture of your business. Making changes before there are serious problems requires up-to-date information.
4. Cost Effectiveness: It is not financially sound to save money on something as important as keeping the books and records for your company. Having a professional keep your financial information up to date will save you money every year. The cost of a professional bookkeeper will be directly offset by the money you will save on bank and government penalties, year-end accounting fees and costly, time sensitive, decision making errors.