Entrepreneurs want to do it all, and admirably so. But if your business is growing, you can only get away with Do-It-Yourself bookkeeping for so long. It takes up more time than you can afford, and no one likes overworking especially when you have no expertise to completing the task at hand. Hiring a bookkeeper though will get you back to focusing on doing the work you love rather than crunching the number you don’t.
The U.S. Small Business Administration statistics state half of all small businesses fail within the first five years. The number one reason is financial mismanagement. With statistics like this, you can’t afford to avoid using a bookkeeper.
Five advantages of hiring a bookkeeper that you can enjoy:
Better Perspective on Your First Start-Up
Let’s face it…two pairs of eyes are better than one! Our experienced Greeley bookkeepers can create your neat monthly reports, put all your financials in order and show you how your business is making progress. You’ll rest assured knowing your funds are moving in the right direction and all your efforts are paying off.
Precious Time Saved
Time is money! Especially in the beginning. There is enough work to do as it is with day-to-day operations, so why add bookkeeping to your to-do list? Our team will pick up the area of interest that isn’t in your field of expertise and you won’t have to risk human error mistakes.
No Red Flags Here
We’ll provide you with the big financial picture, so you can make better strategic decisions! The more organized your records are the better you will be able to recognize and deal with issues before or when they come up. Opportunities are always knocking.
Easy Reporting Instantly
Curious to know where your start-up is heading on a weekly basis? Take advantage of monthly reports that are all laid out on the table for you to present to investors, if needed.
The Cash Flow Will Keep Coming
You may not realize when there are outstanding payments from your clients that need to be addressed. These payments can easily infringe upon the cash flow that keep your start-up afloat. A bookkeeper can constantly monitor the balance of revenues to expenses and even help you take action, if it looks like the business needs more ready cash.
When all signs point to upgrading from DIY bookkeeping to professional help, give us a call – it’s time to plan your next step.