As a small business, you may not need a full time bookkeeper. If you are a very small business owner, you may not even need a bookkeeper at all. Northern Utah offers a variety of business opportunities and depending on your business' size, the perfect solution could just be QuickBooks help in Salt Lake City. In the early stages of business growth, most CFOs, sales coaches, investors, etc. would suggest keeping costs as low as possible and work on growth. Bootstrapping is a term you hear thrown around more and more these days and I couldn't agree more. Keep costs to a minimum and put your head down and work. There are plenty of ways to do this; read a book, read a blog, or maybe ask for help. Getting your bookkeeping system set up right the first time is much wiser and cheaper than waiting until it unravels and then working backwards to fix it. QuickBooks is an easy program to use and usually the best option for the entrepreneur that's just getting started. It's better than using Excel to track income and expenses and much more analytical than Quicken.
Stress And Time
Bookkeeping can suck up a lot of time and incorrectly handling it can lead to a great deal of stress. QuickBooks can be streamlined and systematic from the get go and lead to producing some cool stuff. What owner wouldn't want to do some bragging and say they review their financial reporting each week or month with just a click of a button. Having your Profit & Loss, Profit Margins, and Balance Sheet right at your fingers tips is a great thing and knowing they are 100% right is even better.
Get Out And Do More
One of the many benefits of operating a business in Utah is that you don't need a ton of free time to get outside and really have a great time. It's funny to think that having a dialed bookkeeping system can lead to this, but it's kind of true. Learning a few short cuts in QuickBooks and eliminating repetitive keystrokes may free up a few hours one afternoon. A few hours is all it takes to go get a few laps in at Solitude Ski Resort, ride the Crest Trail, or even go for a quick run up Grainger while juggling training for the Wasatch 100 with work. I could go on forever about what you can do in Salt Lake City while being freed up from tedious bookkeeping tasks that small business owners face. Get stressed looking for a reconciliation discrepancy or go paragliding? Straighten out AR or go for a walk in the wildflowers in Alta? If your bookkeeping system is set up the right way, you may be able to do both in a matter of one Tuesday afternoon. Either become highly efficient in doing it yourself or let us help you out.
Our blogs provide many pointers a business owner may really benefit from, however, we are always available to talk in more detail about any of the tips or pointers we may write about. Not a business owner but wanting to help the business grow? Surprise your boss and tell them that you found a way they can reduce some stress and possibly increase their free time. That way, you can look like a superstar and they can blow off some steam spend more time doing something fun in the valley like taking their spouse out to eat at some hip restaurant or even go for a sail on the Great Salt Lake.
