Don't Hire a Bookkeeper, Hire a Business Partner

Don't Hire a Bookkeeper, Hire a Business Partner

| 1 min read

Does your current bookkeeper act like a business partner and not just an employee?  Do they care about the success of your business?  They should.  Here is a list of how to get your bookkeeper to start acting like a business partner.

Give them a piece of the action

An obvious way to get your bookkeeper to care and to act in your best interest is to give them a piece of the business.  This could come in the form of a bonus or percent of ownership.  Also, consider giving them a bonus for helping you monitor certain expense and sales goals and give them something in return based on if you hit your goals or not. 

Set clear expectations from the beginning

Try explaining to your bookkeeper the aspects of your business you are currently focusing on.  Do you have certain sales goals?  Are you watching and trying to decrease certain expenses?  Are there specific reports you need to see on a daily, weekly, monthly or quarterly basis?  By communicating your expectations with your bookkeeper you will get them to provide you with the information you need to run your business more effectively.

Make your bookkeeper feel like an important part of your business

People start to care more when they feel that they are an important part of the team.  If you can't afford to reward your bookkeeper monetarily there are other options.  One thought would be to show everyday appreciation of their hard work and dedication.  Another idea is to give them additional key business tasks to handle.  Lastly, have your bookkeeper give financial reports in meetings to other key business members.  This will make them feel more like a key team member and they will perform better. 

By making a few minor changes on the way you treat your bookkeeper you may get a whole different type of bookkeeper.  You can not only have a bookkeeper that is good at general bookkeeping tasks, but also one that genuinely cares about the well-being and profitability of your business. 

Click me 

remote-bookkeeping2w

An Affordable Bookkeeping Alternative to a CFO

Outsourcing your bookkeeping is more affordable than you would think. We save you money the moment you hire us by cutting out the expensive cost of hiring an in-house CFO.

Working with a remote bookkeeping service will still provide you with all the value you could get from an in-office bookkeeper but at a fraction of the cost.

Learn more

Learn How We Can Impact Your Business Growth

You’ve got your company’s best interest in mind. Guess what? So do we! You can rest assured that we will work closely with you to create actionable business plans and accurate financial reporting. We offer our toolkit of financial intelligence that will be your greatest asset for business growth.

Contact an Advisor