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Hiring a professional to manage your books results on average in $5-10k back in your pocket every year.
By correctly capturing deductions, small business owners can expect to reduce tax liability an average of $3-5K annually. But that’s just half of the win. By having a better handle on your business’s finances, you’ll be able to make strategic growth plans adding another $2-4K to revenue.
And what if you repeat that year over year? It means steady growth over time as you repeatedly re-invest that $5-10k…..whether that means having a larger team, more equipment, larger space, or or expanded inventory. You’ll be better scaled to earn even more revenue.
Outsourcing your business’s bookkeeping will give you back an average of 60 hours a year.
How much could you achieve if you had just one extra day? How many more sales could you make? How many more clients could you reach? How much could you grow your bottom line?
The nitty gritty of the books requires a very different mindset from the big picture view you need to stay focused on. Getting lost in the details can take your focus away from earning revenue. Coupled with inflation and costs on the rise, if you aren’t growing your bottom line, you are losing money.
The real question is, can you afford not to?
Easily track which projects, clients, services, or products are earning you the most. Use our system to better know where to re-invest your time and money.
Show off your financial success to potential investors. Look solid on paper, so you can shine for venture capitalists or lenders. Have an accurate complete set of financial reports so investors will be on board.
The IRS requires you to be compliant. Your chart of accounts needs to be on their terms AND you must have sufficient documentation of ALL financial transactions, expenses, income, and employees.
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