Bookkeeping for small businesses can be done in several ways but there’s only one outcome – get it done right!
As if running your own business isn’t hard enough, there’s all that bookkeeping to be done!
And so many bewildering options.
Do it yourself, outsource it, which software to use, rely on spreadsheets.
VAT!
Where do I start?
The mistakes I often see business owners making include:
- Putting it off
- Choosing DIY but not investing in training
- Being seduced by the bright lights of the accounting software products
- Working with a bookkeeper or accountant who doesn’t understand your business
The problem with some of these mistakes is – often you don’t know they’ve happened!
Bookkeeping for small businesses
Bookkeeping for small business has never been more accessible and, since most businesses don’t change too much what they actually do, their bookkeeping should remain pretty consistent going forwards.
The key is to get it going right in the first place.
And you know you’re going along the right lines when you’re looking at financial information from your bookkeeping work which makes sense to you!
Information that’s up to date, that you can use to run and improve your business.
Don’t get lost – get help
Getting your bookkeeping going properly is one of the best investments you’ll ever make.
Whether you continue to do some or most of the work in-house or you outsource it, make sure you invest in it.
But take care, because, as Elle alludes to above:
“It’s surprisingly difficult to find people who know what they’re talking about.“
Business owner – South West London
So call us.
We get this stuff, we know where the bear-traps and sinkholes are and we can help get your bookkeeping to fit your business like a glove.
Call us on 020 7125 0270 or email info@bluedotconsulting.co.uk
Michael – @bluedotmichael
Related links:
I stopped doing my books when I realised I was making them worse
This must be my profit because it says so on my phone