Hiring a Bookkeeper Without Breaking the BankJul 01, 2022
As a small business owner, you know that bookkeeping is essential for the success of your company, but what if you can't afford to hire a full-time bookkeeper? Or what if you just need a touch of help here and there? Don't worry - you can still get the help you need without breaking the bank.
Here are some tips for how to hire a bookkeeper on a budget:
- Hire someone hourly: You don't need to commit to 20 hours per week or 40 hours per month. If you just need help with data entry or periodic cleanup, you can hire someone for a few hours at a time on a project basis or bring them in quarterly. This is a great option if you do not have many transactions and your books are simple.
- Do it yourself: If you're comfortable with bookkeeping and just need a little help getting started, there are many software options available that can make the process easier. You can also pay a bookkeeper to provide training for you to be able to do this yourself or pay a member of your team to take this over.
- Hire a student: Many bookkeeping and accounting programs offer internships or work-study positions. This is a great way to get bookkeeping help at a lower cost, and you may even be able to find someone who is willing to work remotely.
Keep in mind that good bookkeeping is absolutely worth it if you plan to grow. If you are in your first year or two and want to stick to a budget, these are some great options.
Most business owners underestimate the tasks involved in bookkeeping. It is more than just categorizing expenses. You also must reconcile your bank and credit card statements on a monthly basis and understand how to navigate issues in the software. This is why we always recommend having a bookkeeper you can go to for assistance.
While bookkeeping is not the most glamorous task, it is essential for any business owner who wants to be successful. By following these tips, you can get the help you need without breaking the bank.
If you are looking for bookkeeping help, jump into our community and chat with our team!