Why Bookkeeping is a Pain Point for Small Business

Businesses can’t survive without accounting. Not only does the ATO frown on businesses that don’t
keep appropriate records come tax time, you won’t even be able to know how your business is doing
without knowing the health of your cash flow or what your margin is.
So what have we done in the past to make sure we’re abiding by the rules and completely aware of
our financial picture? We hire an in-house bookkeeper. Unfortunately, for many small businesses
with limited staff and resources, this can cause more problems than it fixes.
But can outsourcing really be a better choice?
While outsourcing can’t be the option for every aspect of your business, it is an option for
administrative tasks – like accounting and bookkeeping. When you outsource a part of your
business, the company you pay to solve this problem is responsible for hiring, training, and
managing employees – not you. They also specialize in what you’re paying them for and know that if
they aren’t getting the job done, you’ll leave. You don’t have to fire and retrain, you simply need to
hire a different company, who has trained employees ready to help day one.
At Bookeze, we provide virtual bookkeeping services because we want to help take this task off the
plate of entrepreneurs. We’ve been able to hire, train, and manage an incredible bookkeeping
team. Our fixed fee pricing packages mean that our team is focused on the quality of their work
rather than worrying about finding additional billable hours.
Are you interested in getting rid of the pain bookkeeping has put on you and your business? Bookeze
works with entrepreneurs to manage their financials while helping them use their numbers to get
ahead. Learn more by visiting Bookeze.com.au.