Many assume that a Bookkeeping Professional only records financial transactions. That’s only a small part of what they do.
I recently obtained a client and we dug into financial statements and corrected some categorization. We also…
– Reviewed ways to increase passive income.
– Examined inventory that was not having an adequate ROI and replacing it with items that were more profitable.
– Reviewed subscriptions and discussed what was essential and found a few free alternatives.
– Discovered and cancelled unused vendors.
– Found solutions to automate tasks to allow more time for business.
– Discussed and budgeted adding equipment.
– Realized and executed payroll needs as more employees are being hired.
Even if bookkeeping professionals may not be able to give tax advice, such as a CPA or EA, they are proactive with the every day finances and are an ally to small business owners.
Have you found your booking professional yet?