Bookkeeping plays an important role in the success of a business, and unfortunately, this process is often neglected. In many cases, small business owners try to do their own bookkeeping, hoping to save money, but they end up struggling to balance their time between managing and operating their businesses effectively, while trying to do their books themselves. Little do they know, they have a remittance due and it is their year-end, and no bookkeeping has been done.
A cost saving solution is to outsource your bookkeeping and accounting needs to a professional. This will save you payroll costs, office space, software, and the hassle to deal with your books yourself. And, most importantly, it will allow you to focus on what you do best...operating your business.
With many years experience in a variety of industries, and as Controller and Finance Manager in the construction trade (Ontario & Quebec), motorcycle/ATV dealership, and health organizations, we can help. Our current clients include the construction (trade) industry, property management (commercial and residential), real estate, landscaping and snow removal contractors, heavy equipment rentals, hair salons, telecommunications and IT services, interior design, musicians, daycare, NPO organizations, food/catering, festivals, private lenders, and many other various retailers.
Did you know?
A common mistake made by business owners is hiring a bookkeeper who charges a lower than average rate and who is not qualified to do the work. This can result in a high level of inaccuracies and other inconsistencies, such as unreconciled accounts, missing assets and/or liabilities on your balance sheet, and improper account allocations, to name a few. These mistakes, once discovered, can be very time consuming and expensive to adjust.
Hiring a qualified bookkeeper can save you a lot of trouble, but expect to pay a higher rate; however, they usually take less time to do the work than an unqualified bookkeeper. In the long run, your business will end up saving money. Qualified bookkeepers usually have formal education from a recognized institution and years of experience. Their businesses are generally not a "side line", and they should be able to provide you references from both their clients and professional accountants. They know what they are doing and will work effectively alongside your professional accounting firm to provide you with the information you need for the success of your business.