Is Professional Bookkeeping worth it?
For many business owners, bookkeeping is one more responsibility competing for time and attention. But keeping accurate, up-to-date books isn't simply an administrative task. Good financial records help you understand where your business stands, make informed decisions, identify problems before they become more costly, and protect the business you've worked hard to build.
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So what is professional bookkeeping really worth? Research into professional bookkeeping benefits suggests the value can reach far beyond the cost of the service.
what does the research say about professional bookkeeping benefits?
A QuickBooks-commissioned survey of small business owners and decision-makers found notable time and financial benefits among businesses working with an accounting professional.
$39,000
73 workdays
Average annual savings
Average annual time savings
These figures represent the average annual money and time savings reported by U.S. small businesses working with a qualified accountant or bookkeeper in a QuickBooks-commissioned survey.
the value goes beyond time and money
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9 in 10 businesses working with an accountant or bookkeeper said their accounting professional contributes to their business's success.
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9 in 10 said their accounting professional helps their business grow.
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More than 98% said having an accounting professional increases their confidence in their business.
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9 in 10 said their accounting professional reduces the stress of running the business.
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8 in 10 said the professional helps them make better use of technology.
Together we'll find the right bookkeeping solutions for your needs.
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why does professional bookkeeping make a difference?
Professional bookkeeping creates value by giving you something every business owner needs: reliable financial information and the time to use it.
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When your books are consistently maintained and up to date, you can see where your business stands instead of making decisions with incomplete or outdated information. Regular reconciliation and careful transaction recording can also uncover errors, duplicate charges, unnecessary expenses, and other discrepancies before they become more costly.
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Just as importantly, bookkeeping takes a recurring responsibility off your plate. The hours spent categorizing transactions, reconciling accounts, tracking invoices, and maintaining financial records are hours you can spend serving customers, managing your team, developing new opportunities, or simply running your business.
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Good bookkeeping doesn't just record what has already happened. It helps you understand your business today so you can make better decisions about what happens next.
the right bookkeeping relationship matters, too
Who you trust with your books makes a difference.
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You should know who is caring for your books, be able to ask questions, and have someone who takes the time to understand your business and what matters to its success.
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That's the kind of relationship I want to have with my clients at Seven Embers Ledger Co. My bookkeeping services are remote, but the relationship isn't. I want to know your business, be available when you need me, and pay attention to the financial details that matter.
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You've worked hard to build your business. My job is to help you keep its financial side organized, informed, and protected.
Ready to Get Started?
Together we'll find the right bookkeeping solutions for your needs.