As a small business you are probably used to doing everything yourself. You have set up the business and you are your own marketing, admin & finance department, but now the business has grown and you are finding it hard to make time for all of the jobs that you have to do. Maybe it is time to think about hiring a Bookkeeper.
If you find you are becoming time-poor and that your accounts keep getting pushed down your to-do list, then maybe it is time to hire a Bookkeeper to lighten the load. This will then allow you to concentrate on:
- Things you are good at
- Things that you enjoy
- Things that will make you money.
How can a Bookkeeper help me?
A Bookkeeper looks after your day to day paperwork so that you can focus on the other areas of your business.
These requirements depend on your business’ requirements but the core tasks include:
- Recording all purchase and receipts
- Paying your suppliers
- Chasing outstanding invoices
- Preparing your VAT return
By hiring a Bookkeeper most business owners find they work more efficiently and productively.
Who to choose?
You have now made the decision to hire a Bookkeeper but how do you know how to choose a good one?
A good place to start is by looking at their credentials. Organisations such as AAT and Institute of Certified Bookkeepers maintain the standards of bookkeeping through relevant qualifications and experiences.
Other important things to consider are whether or not they have AML supervision and the correct level of insurance.
Of course, one of the most important things will be how you get on with them. As with all relationships, having a good business relationship will make working together much easier and communication much smoother.
If you have made the decision to hire a bookkeeper then I would love to talk to you about how Smith and Oxley can help you develop your business! Drop us an email or book a discovery call with us.