How and Why to Hire a Bookkeeper
A good bookkeeper is an essential part of running a tight ship for your business. It’s supremely important to find one you can rely on as a business owner because they can free up your time and attention for core operational tasks.
It’s tempting to try to do it all yourself to save money and to keep as much work internal as possible, but bookkeeping is one of the services that you’ll benefit from handing off to an external professional. Think of it as buying more time for yourself and investing in your business.
As a business owner or manager, time is one of your most important resources, so this is critical to your success.
In this post, we will discuss different potential ways to find a bookkeeper for your business. By the end, you’ll have the knowledge to find a bookkeeping service and carry out your search.
There’s nothing better than the feeling of turning over a task to someone else and knowing they can complete it without your supervision so you can spend time on what matters. That’s the ultimate goal of hiring a bookkeeper.
Where to Find Local Bookkeepers
A local bookkeeper has a lot of benefits. You can sit down and meet with the person before deciding to work with them, giving you a chance to get a feel for their personality and style. That way, you can be sure they will mesh with your expectations and needs.
You can also have a conversation about their skills and experience. They might have some familiarity with your business, or with the local business environment, depending on how large your company is and where you are located.
So here can you find someone to do your books? Finding a local bookkeeper is still generally going to take place online. Use listings sites like Yelp or Upwork to find potential bookkeepers near you and learn about them.
This will typically present you with more results than just Googling, and they’ll often have reviews and references available. If you have ties in the local business community, you can ask for recommendations that way as well. It’s rare for bookkeeping services to advertise on a large scale like law firms, so you will have to do a little legwork to find one, but when you get the perfect fit, it’s all worth it.
Online and Virtual Bookkeepers
It’s nice to get to meet the person you are working with, but a virtual bookkeeper has a lot of advantages. You can search on a much wider scale, which provides you with more opportunities to find a good fit and can sometimes offer more value, thanks to deeper specialization.
Bookkeeping is an important job, but it doesn’t require the person to be physically present. Covid-19 and the mandates to work from home in most of the world has proven that physical presence is not required. In-fact, virtual ways of doing business are the preferred way of doing business.
If you are limited to working just with people who live near your office, that can present problems if you are not in a big city. Additionally, a virtual bookkeeper can fit more specific needs– with a broader market, you can find a specialized online bookkeeper to suit your practice area. Check out Vetted Opps for virtual bookkeepers. The ones you find there are often more flexible in terms of time and other constraints compared to local bookkeepers, too.
The year 2020 has definitely taught many people to cut down on physical presence whenever possible, so using an online bookkeeper is a good way to do that. On top of that, if you run into an issue and need a replacement, that search will be faster than if you were sorting through local choices because the options are many online,
The additional flexibility and ease of access makes getting a bookkeeper online for your business the simplest way to ensure your needs will be met. If you have not used an online bookkeeper before, you might be surprised at just how easy it is and how much time it frees up for you. On top of that, an excellent virtual bookkeeper can quite regularly offer you other value-added services depending on the specific needs of your business.
Bookkeeping Solutions and Software
If you don’t want to hire someone externally, you can always try acquiring some bookkeeper software and doing the work internally yourself. You’ll need to pay the license fee for the software, but you won’t have the hourly cost of hiring the external professional. The biggest problem is that you will invest a lot of time into it. You’ll have to understand what a bookkeeper really does and then familiarize yourself with the software. You’ll then have to learn how to use the software efficiently.
Until that is complete, your bookkeeping work will most likely be extremely slow, and even afterward, it is going to cut into your time for other tasks. It’s definitely possible to do the work yourself, but the extra time you need to spend on it will almost always outweigh the money you save. On top of that, since the skills and software are specialized, what you learn generally won’t carry over into other areas of your work, so it isn’t useful knowledge in that sense. It can also be frustrating trying to figure out the books on your own when you know it won’t be adding anything to your revenue.
The bottom line is that virtual bookkeeping services are a really good choice for outsourcing, and in this day and age, finding an online solution is much easier, and often faster than going local. The ideal outcome is out of sight, out of mind—you can depend on your bookkeeper to take care of the work, and it won’t burden you.
Bookkeeping is very well-suited to remote and virtual work, so taking full advantage of that can get you the best value for your money.
At a time when more and more work is going remote, you can rest assured that virtual bookkeeping requires minimal oversight and won’t be dependent on videoconferencing or remote networking to function.
Once you find the right bookkeeper, it just works! And it is one more thing off your plate so you can focus on running and growing your business. Let us know if you have any questions about finding the right bookkeeper for your business.