Accounting | Bookkeeping
Financial record keeping is the most important aspect of running your business. Accounting inaccuracies prevent you from seeing a clear picture of where your business stands now, and where it can go in the future. Meticulous and accurate financial records will also help you avoid or survive an IRS tax audit.
The major point and necessity for having bookkeeping/accounting services for any small business is to prevent your company from being a statistic. According to The Small Business Book, by Robert Hamilton and John English, the quality and frequency of bookkeeping/accounting services that any small business does or has done, affects their survival rate to some degree. For example, small businesses that do their accounting at least on a monthly basis have a 79.7% chance of survival compared to small businesses that only do accounting yearly which survive at a rate of 36%. Also, small businesses that have excellent accounting records survive at a rate of 63%, while small businesses that have very little financial records or none at all survive at a rate of 2.5%.
Does this sound like you? It's mid March and you are scurrying around trying to find a year's worth of info to take to the accountant so you can get your tax return filed?
Unfortunately, many small businesses do not have the time or expertise to do their bookkeeping accurately. Furthermore, they don’t have the resources to invest in another employee, plus the equipment required for that employee. The perfect solution to this dilemma is to hire a Virtual Assistant who is certified and experienced in bookkeeping. You are only charged for the time actually worked, and you don’t have to purchase any accounting software or computer hardware.
As a small business owner you do not have to worry about having enough work to keep an in-house bookkeeper busy. We handle small businesses that only need 2 hours a month, and we also handle small businesses that need 200 hours a month.
If you would like to be contacted about this service please fill out the form below.
