5 Key Ways To Save Time & Money With Small Business Bookkeeping — The Benefits Of Remote Accountants
I recently started a home business of my own, and we specialize in weighing tiny objects.
One day it might grow, but right now it’s a small-scale operation.
Small business owners are a unique group of people — they always seem to have a million things on their to-do list, no empty spaces on their calendar, and somehow they still manage to have a great attitude when dealing with their staff and clients.
Honestly, just watching them makes me exhausted — and it also makes me wonder why they don’t delegate a little more of their work.
I understand that it’s important for them to save money where they can, by doing the job themselves — but sometimes it’s not only easier to hire an expert, it’s also cheaper.
This is especially true when it comes to accounting, because not only is the job a real headache, but the pros can often save you money in ways you would never expect.
I’m not suggesting you run out and hire a full-time accountant though, where would you even put them?
There’s a better solution, and it’s one many small business owners have been turning to, with some pretty fantastic results.
Here are just a few of the ways a remote accountant can save your small business money, and save you personally from the headaches caused by spending too long staring at rows of numbers.
1. Focus On Your Business
Unless you’re running an accounting business, chances are that it’s not your specialty.
All that time you spend trying to make numbers work out could be better spent doing what you do best — running the business.
Even if you can do the accounting work yourself, it’s just not the most efficient use of your time.
2. Affordable Accountant Services
There’s no doubt that hiring an accountant is expensive, doubly so if you need to provide them with an office.
Virtual accountants just aren’t in the same category though — by working remotely they can cut down on their own expenses, and pass those savings on to you.
3. Geographic Flexibility
One of the most common problems with finding the right accountant is finding one that operates nearby.
It’s a huge limitation that narrows down your choices from thousands, to dozens.
With a virtual bookkeeper, geography is meaningless — and you can hire the right accountant for your small business, regardless of where they’re located.
Accuracy & Transparency
It’s not a stretch to say that a professional accountant can do a better job at keeping the books accurate than most small business owners — it is their area of expertise after all.
What’s great about virtual bookkeepers though is that it’s actually easier to keep up with what they’re doing than many traditional accountants.
Secure cloud based tools and software can let you see where your accounts are at, how your business is doing financially, and what your payroll or taxes are going to look like — without having to book an appointment.
Okay, “stree free” may be stretching things a bit, because you’re still going to have to pay them — but wouldn’t it be nice to have someone else take care of the paperwork?
Not only can they take care of filling everything out, but they already have all the information, so you don’t even need to figure out where all the right info is, or how to get it to them.
If you’re still doing all the accounting work for your own small business — stop.
It’s heroic, and incredible, but there are better things you could be doing with your time, and a virtual bookkeeper will be able to save you money as well as time.
The amount you’ll save on headache medication alone will make it worth your while!
