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3 Reasons to Hire a Bookkeeper

Think you don't need to hire someone to keep your books? Think again. Many new business owners spend more than they save both time and money-wise when doing the books themselves.

Written By: Editorial Staff

Think you don't need to hire someone to keep your books? Think again. Many new business owners spend more than they save both time and money-wise when doing the books themselves. Here's what you need to know about letting go.

1) How much is your time worth?
Most business owners who do their own books contend that they want to maintain privacy of their financial matters. However, most of them spend far too much time focusing on keeping their books in order and therefore, forfeit time that could be spent on other tasks or with family, friends, or even relaxing.

2) Find yourself scrambling to get your books in order for tax season?
If your books aren't in order, you risk having your CPA (who can cost as much as $150/hour) having to organize them prior to doing your taxes. By having them ready to go and properly prepared, you can save valuable time and money.

3) How much do you really know?
Bookkeepers are skilled in just that: keeping books. Its what they do for a living. Not only can they make sure your checks are written out properly and expenses and assets are properly accounted for, but they can also find different tax exempts you may not be aware of currently.

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