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Why Most Entrepreneurs Struggle with Managing Money

This week, go download our checklist, “What You Need Before You Hire Your Next Bookkeeper.”

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About This Episode

Most entrepreneurs are so busy making money that they aren’t very good at managing it. The solution? A remote bookkeeper.

 

In this episode, Brooke Cecil, the Director of Client Relations at BELAY, will talk to Lisa about some problems entrepreneurs face when wanting to get started with a bookkeeper, and how to overcome them.

1. Don’t worry about getting everything in order before you delegate.

The “shoebox method” is OK! Bookkeepers thrive on getting things organized and in the correct order, so they anticipate having to do that. Go ahead and pass off the bookkeeping and let the professional fix it.

2. Sometimes you have to rip off the bandaid.

If you’ve been doing your own bookkeeping, it might feel hard to hand it over. You might feel vulnerable. But in order to grow as a leader, you need to let it go. You’ll end up having more knowledge of your financials and your business. And, as a result, you’ll be able to make better decisions in the future.

3. Find a trusted professional.

You want someone with the experience you need who will serve you well. BELAY is very intentional about who they bring in as a Bookkeeper. A lot of leaders don’t even know where to turn when it comes to this topic. BELAY can help.

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