Record keeping can be time consuming for a small business owner, but is something that needs to be done. Employing a bookkeeper may seem like a unnecessary expense, but using their expertise could not only save you time. Whether you don’t have the knowledge, the interest, or the time, employing a bookkeeper can have multiple benefits.
Take the panic and stress away – we can make sure you know what your compulsory deadlines are and make sure you’re prepared. If you already have an accountant for production of limited accounts etc then all your records will be accurately maintained and will be ready to go to them in a timely manner.
Keeping you informed – if finance worries or confuses you, we can explain different elements of finance for your business in a way you understand and we can provide you with regular updates on the business performance (income, expenditure, customer payments, cashflow). You won't have to wait until the end of the year, or until you finally do your limited company accounts or tax return, to know how your business is performing. This means that you can make informed decisions on whether to make a purchase, take on a contract etc as soon as you need to.
Ask questions – asking the right questions of you will, for example, make sure you’re employing the right processes, are compliant with rules you need to be, and are getting the most out of your tax returns.
Give you more time and hopefully make your business more profitable.