If we know one thing about being a business owner, it’s that when your feet hit the ground as you spring out of bed every morning, you exclaim excitedly, ‘I can’t wait to work on my bookkeeping!’ We kid – unless numbers and accounting and charts of accounts are actually your jam. In that case, more power to you!
If it’s not, we get it. Because let’s face it: If finance isn’t your love language, it’s understandable that you’d want to put off doing it for a while. Or forever.
But when it comes to bookkeeping, hiring someone may not seem realistic – at least not yet. But bookkeeping is much like going to the dentist – few actually want to do it, but not doing it isn’t really an option, either. Bookkeeping provides the information you need to make decisions that can literally make-or-break your business.
Here, we’ll examine the real costs of not doing it.