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Salt Lake City Bookkeeping Blog

Why Small Business Bookkeepers Are Invaluable

Posted by Matt Roberge on Oct 22, 2012 7:22:00 AM

Small business bookkeepers are an invaluable asset to small businesses. When you have a qualified
experienced bookkeeper your small business has the ability to grow with your full attention being focused on your business.

A bookkeeper has the training to take all the bookwork off the owner of a small business so that the owner can now focus on the core of the business. Trained bookkeepers have the expertise to handle the accounting work of your business giving you the confidence to base your management decisions on the accounting records. Should you expand or should you go for a big bid that might expand your business? These questions can be answered if you have accurate and up to date information that small business bookkeepers can provide. 

One of the most important things that a good bookkeeper can do is take away the hassle and stress of completing financial tasks. Most small business owners do not have the time or expertise to enter all the necessary documents and process them.  As a business owner you need to delegate those tasks to someone who has knowledge of how the tasks should be done. Bookkeepers are trained so that they can complete these tasks in a lot less time than you can. 

Bookkeepers can perform the following tasks for small businesses. The bookkeeper can make sure that the small business has a very good system in place to capture all of the financial information necessary for the complete financial picture.  Accounts receivable including invoices and collection of payments to collecting
debts if required. Accounts payable including purchase orders, invoices and payments can be handled in a timely manner. The bookkeeper can also help you continually improve the system you use to make-work flow smoothly.

Small business bookkeepers can also provide payroll services, payroll tax payments and cash flow forecasting. The most important thing they can provide is the ability to assist the business owner's decision-making process by providing them with accurate and timely reports. 

When a small business owner is ready to take their business to the next level having an experienced bookkeeper is invaluable. The confidence that you have in a good bookkeeper can help you move forward with your business plan and really grow your business.  How could your business be more efficient with a small business bookkeeper? How much could your business grow with your undivided attention?  


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Topics: Small Business Bookkeeping, Small Business Accounting, Outsourced Bookkeeping