5 Things To Consider Before Hiring A Bookkeeper - PowerPoint PPT Presentation

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5 Things To Consider Before Hiring A Bookkeeper

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There are a lot of important decisions to be made regarding the financial side of any business, and when you’re running your own company, this can often seem overwhelming. For any business to progress and become truly successful, there must be clarity surrounding its finances. – PowerPoint PPT presentation

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Title: 5 Things To Consider Before Hiring A Bookkeeper


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5 Things To Consider Before Hiring A Bookkeeper
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  • There are a lot of important decisions to be made
    regarding the financial side of any business, and
    when youre running your own company, this can
    often seem overwhelming. For any business to
    progress and become truly successful, there must
    be clarity surrounding its finances.
  • If you have your own company, but are struggling
    to keep on top of your finances - or even to
    understand them fully - then you should probably
    consider hiring a bookkeeper. A good bookkeeper
    will help you to understand your businesses
    finances better, and help you to feel more in
    control of the way in which it is run.

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  • If hiring a bookkeeper is the right decision for
    you and your business, then youd be wise to
    consider the following five points
  • Make an informed choice by collecting references
    and recommendations Talk to other local business
    owners about their own bookkeepers, and whether
    they have any recommendations for you. Once you
    have found a bookkeeper that you might like to
    employ whether through a personal
    recommendation or simply by selecting one from a
    list of bookkeepers - make sure that you seek
    their references and call them. You could even
    hire a company to complete a background check on
    the

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  • bookkeeper before you hire them, which may sound
    extreme, but dont forget that they will have
    access to many of your companys private
    accounts, and so being able to trust them is
    paramount.
  • Youll need to begin by meeting with your
    accountant, face to face Its always best to
    begin by meeting personally with your bookkeeper,
    and once youve established a good working
    relationship together, you can then ask them to
    communicate with you on a regular basis, by
    whichever means suits you both. It could be a
    phone call once a week, or a fortnightly email.

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  • Talk rates before you sign on the dotted line
    Establishing an hourly rate that youll pay your
    bookkeeper, is something that must be done before
    any work commences. You may also want to discuss
    whether you begin with a junior bookkeeper, who
    will often work for a senior accountant.
  • Establish a clear monthly bookkeeping budget
    Discuss your budget allowances with your
    bookkeeper, so that they are clear on what you
    can and cannot afford to pay them each month.
    When you first hire a bookkeeper, they may need
    to put in more hours for the first month or so,
    to get your finances in order, and then as a
    system is established, their workload may
    decrease.

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  • Decide upon how your bookkeeper will access your
    businesses financial data One of the simplest
    ways to give your bookkeeper easy access to your
    financial records, is to give them your online
    details for credit cards and bank accounts. They
    can then login and access them whenever they need
    to. Deciding where you store your financial data
    will need to be decided upon too your bookkeeper
    will need to access reports swiftly, so storing
    the data at your office will enable the
    bookkeeper to access them remotely through a
    connection to your office computer.

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  • Hiring a bookkeeper will give you, as the
    business owner or manager, time to spend on other
    important aspects of your company which may
    previously have taken a back seat, due to your
    commitment to organising your financial records.
  • Miami Bookkeeping was founded with the purpose of
    helping small businesses outsource the
    time-consuming and tedious work known as
    bookkeeping. For more than 10 years, our company
    has been providing bookkeeping services in Coral
    Gables and Miami for hundreds of small
    businesses. If you are looking for bookkeeping in
    Coral Gables and Miami, contact us today at
    support_at_miamibookkeeping.com
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