Handling the recording of financial transactions, such as sales, purchases, income, receipts and payments in a timely and organized manner is crucial in the success and growth of any business. Small businesses are in the majority a one-person operation. These businesses rarely employ more than 3-4 people besides the owner. In the effort to provide quality goods or services the owner-managers have to dedicate a lot of time and resources. In order to run the business smoothly they have to develop expertise in many different fields besides their specialty. Bookkeeping is one of the most challenging ones. Many business owners understand this necessity and consider the services of a professional. We at Kay Endow & Associates aim to take away that burden from you so you can focus on growing a successful enterprise. We setup your Quickbooks file and accounts and then you have the option to have us handle and input all transactions on weekly basis or a more independent approach where you do most of the legwork and we monitor the accounts on monthly or quarterly/annual basis.
These are the benefits you can expect when you outsource your bookkeeping:
1. More time to provide value to your clients
As we’ve established, you are more than capable of doing your own bookkeeping but it isn’t the best use of your time. How long do you spend on bookkeeping each week? Now imagine if you had that time to spend on improving your service and adding value to your clients.
2. Increased efficiency and focus
One of the key reasons why outsourcing is recommended for businesses is that it helps you increase your efficiency and focus. Without the distraction of bookkeeping you can focus on the actions that will help you achieve your business growth objectives.\