Bringing on a new position can be a hefty investment for any business. Most small business owners shy away from bringing on a bookkeeper because they aren’t sure how to get the most bang for their buck. What they don’t know yet are the many ways a bookkeeper can bring value to a small business.
In this episode, Melissa Baggett, the senior client success consultant at BELAY, and Melissa Tidwell, a solutions consultant, will team up to talk about the surprising ways a business can use a bookkeeper to grow their business while saving money along the way.
1. Bookkeepers do more than just help with numbers.
As a business owner, the ability to be transparent and talk with someone about your financials only builds your confidence. The relationship between leader and bookkeeper becomes much less of a transactional relationship than people anticipate. Getting to that level of trust can only help your business.
2. A lot of business owners forget about the chart of accounts.
Bookkeepers can create a report intentionally by looking at your chart of accounts first. Sometimes, that list can grow seriously long. The bookkeeper can sit down, review the chart, and provide reporting to the level of detail that you want that helps reflect your business goals.
3. Bookkeepers can help with your budget.
So many business owners are paralyzed by the idea of undertaking a budgeting process. Bookkeepers can help with the building blocks of that and set a foundation for healthy finances. This is vital because your budget reflects your values.
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