Most business owners typically do their own bookkeeping when they first start their business, but a question I often receive is when should I be getting help with my bookkeeping. The help that a business owner can get from a bookkeeper, accountant, CPA, or tax preparer can vary, and the level of expertise and amount of time required varies as well. The main point here is that all business owners need to understand their business finances, whether they are doing their own bookkeeping or if they have someone else generating their financial s...
Most business owners typically do their own bookkeeping when they first start their business, but a question I often receive is when should I be getting help with my bookkeeping. The help that a business owner can get from a bookkeeper, accountant, CPA, or tax preparer can vary, and the level of expertise and amount of time required varies as well. The main point here is that all business owners need to understand their business finances, whether they are doing their own bookkeeping or if they have someone else generating their financial statements for them. In today’s podcast episode, I walk through many of the main reasons business owners may want to consider getting help with their bookkeeping, as well as signs it may be time for you to start asking for help with your bookkeeping. If you are a self-employed individual, a solopreneur, side hustler, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, you want to make sure that you have your business financial information ready to prepare your tax return, but you also want to make sure that you are utilizing this information throughout the year so that you can make smart business decisions. Running your business in the dark without the right financial information will only hinder the success and the potential that you could see in your business. Listen in and see if or when you should be asking for help with your business finances. These tips are essential whether you are using a computerized software system like QuickBooks, Xero, Wave, or FreshBooks for your business finances; or doing your bookkeeping manually with an Excel spreadsheet or even a Google Document…
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