To Hire or Not To Hire?
Did you know that hiring a bookkeeper is A LOT cheaper and easier … than trying to DIY your finances and dealing with late tax penalties? 🤔 We know – it’s not exactly an unbiased claim 😜 but we can prove it, we promise. Just for example purposes, let’s look at two business owners this week to compare. So, let’s say that both business owners are florists and they both had revenue of $200k in their stores last year. We’ll call the first florist Herb; and the second florist, we’ll call her Rose. Now, Herb did NOT hire a bookkeeper last year. After he got a quote from a bookkeeper for $250/month (that’s $3,000 per year!), he said, “You know what – I’ll just DIY it and save myself $250 bucks a month – it shouldn’t be that hard, right?” But he never seemed to find the time to keep up with it all. And suddenly it was March 31st, and he hadn’t opened QuickBooks since Thanksgiving weekend.
So, he tried to scramble and catch up.
🔒 He closed his store for 2 days to try to catch up his finances (losing about $1,500 of walk-in traffic)