Are you doing the bookkeeping for your business yourself? Do you enjoy doing the bookkeeping? Do you really know what you are doing?

Oftentimes, small business owners do the bookkeeping themselves. And the reason is usually the same: to save money. But what most business owners don’t realize is that the amount of time they spend doing the day-to-day (or, if we are being honest, the monthly – or even quarterly) bookkeeping is time not spent bringing in revenue and growing the business. If the business owner is spending time doing daily paperwork and not managing the business, then the business owner owns a job, not a business.

Do you want to own a job or own a business?

So what is a bookkeeper? What do they do? How can they help you? Do you need a bookkeeper or an accountant?

Here is a great article from Xero about bookkeepers: what they do and when you should hire them. It also points out why you should have both a bookkeeper and an accountant.