Take Control of Your Bookkeeping This Year

Take Control of Your Bookkeeping This Year

On February 8, 2017, Posted by , In Bookkeeping, By , , With Comments Off on Take Control of Your Bookkeeping This Year

Every January you promise to get your bookkeeping under control, but the reality is that you are just too busy, right? You’re too busy, you don’t enjoy it, and you don’t see much value in it. That means that every year your bookkeeping is pushed to the back burner until it is tax season again. This year, let’s make a change and not only show you the value of bookkeeping, but give you a way to keep your bookkeeping system up to date.

Experience the Consequences

You most likely will not actually care about having your bookkeeping up to date unless you have experienced the consequences of poor financial management. Maybe you had to clean up your books by yourself, maybe your taxes haven’t been filed in years, or maybe you went to the bank for a loan and was shocked to be asked for a profit and loss report and balance sheet for the past few years. Once you experience the stress and pain of unkempt books, chances are you will never want to feel that worry again.

Outsource to a Professional Bookkeeper

Just because you have experienced the consequences of unkempt books, doesn’t mean you have the skill or time to get it done yourself. The ideal option here would be to ask for help. Outsourced bookkeeping services come with many benefits for a small business. Not only will it be more cost effective, but you will have a whole staff of skilled experts dedicated to your success instead of one individual.

Use Bookkeeping to Grow Your Business

A proper bookkeeping system should be a valuable tool that can be used to grow your business. Find this value by doing the following:

  • Update often- Update your books monthly at the very least.
  • Regularly view reports- Find reports that give you valuable information on your business and run these reports often.
  • Look forward- Too many business owners are obsessed with their financial past. Use your past financial performance to forecast your future instead of focusing on the negatives from before.
  • Take action- Do you like what you see in your financial reports and forecasts? If not, make the appropriate adjustments now!

Keeping your books updated really is about finding value in them and setting a plan on how to keep your financials up to date. Once a bookkeeping system that works for you is implemented, you will never let it fall behind again.

Are you ready to take control of your bookkeeping?

The BOSS team provides professional, responsive support for startups and small to medium businesses that need to outsource services including tax preparation, bookkeeping, sales tax processing, and payroll processing.

For more information, or to schedule your FREE 30 minute consultation, email info@startwiththeboss.com, or call us (Monday – Friday) at (910) 338-1198.

We look forward to hearing from you!

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