- Clean up your accounting problems, track A/R, A/P and reconcile any bank statements that might be troublesome.
- Track any invoicing, collection of dues, or personal investments that may be hard to follow due to confusing portfolio statements.
- Save you time, money, and a lot of grief.
- As a business owner, you will have more time to run your business, and at the end of the month (or more often if necessary) you will have a clear, accurate picture as to how your business is doing. By delegating your bookkeeping tasks to a bookkeeper you will then have more time to pursue new business and possibly more opportunities for growth. It makes a lot of sense.
Why hire an outside contractor for your bookkeeping needs?
From a financial standpoint it makes sense. Besides saving the money spent on the payroll itself, you can also save by not having to pay Social Security taxes, Medicare taxes, federal and state unemployment taxes, state employment training taxes, workers compensation payments, possible medical & retirement contributions, and fees to the payroll company. There are no vacations, sick time, or holidays to pay for when no work is being done. A side from the money, there are other reasons: you avoid federal and state payroll filing requirements, there is no equipment or office space to supply, no risk of wrongful termination lawsuits, discrimination lawsuits or messy terminations.