Hiring A Bookkeeper For Your Small Business

1
Hiring A Bookkeeper For Your Small Business
2

• Most small businesses benefit from the services
  of a bookkeeper, and its widely acknowledged that
  most company owners prefer not to spend valuable
  time keeping their own books, and for a variety
  of reasons. However, finding, hiring and keeping
  the right bookkeeper for you and your business is
  not always easy, even though its almost always
  worth it in the long run.
• Hiring a bookkeeper
• Hiring a single employee naturally means that
  there can be only one point of failure, and with
  no system in place to mitigate risk of human
  error or occupational fraud, youre at the mercy
  of your bookkeepers knowledge and skills. Should
  your bookkeeper be absent for a significant time,
  or leave your employ, then you may struggle to
  fill in their duties in the meantime.

3

• Training a bookkeeper
• No matter how skilled or capable your new
  bookkeeper may be, its inevitable that youll
  have to spend time creating systems and going
  through procedural training with them. Without
  formal training, most bookkeepers are left to
  their own devices, or valuable time is taken away
  from the business owner or manager while they
  attempt to combat training issues. Training is
  essential though, as one small coding error can
  lead to a loss of revenue, and with just one
  bookkeeper, you are reliant solely upon them and
  their integrity.

4

• Balancing the workload
• Small businesses often face issues surrounding
  limited resources, including employees, and they
  cant always afford to take on a full-time
  bookkeeper, let alone hire an entire accounting
  department. Under these circumstances, the
  bookkeeping and accounting duties are delegated
  to other current employees, who may not be
  capable of doing them to a satisfactory standard.
  This is almost always a recipe for disaster and
  paves the way for human error and disorganization.

5

• The cost of hiring a bookkeeper
• Most small businesses have funding available for
  only one bookkeeper, and then often only a
  part-time one. This can lead to vulnerabilities
  as again, there is only one point of failure,
  with no one to supervise, check or assist with
  any of the many duties a bookkeeper is
  responsible for.
• Could outsourcing be the best solution?
• Outsourcing is a simple and cost-effective way of
  ensuring that errors are minimized and that each
  bookkeeping function is being taken care of in an
  orderly, timely and professional manner.

6

• To find out whether outsourcing your bookkeeping
  needs might work for you and your small business,
  arrange a consultation with a local firm who can
  talk over your options with you.
• At Heyer Associates, we proactively assist our
  individual and small business clients in meeting
  their goals. Our key area of focus is ensuring
  that our clients remain compliant with federal
  and state tax laws by providing them with high
  quality accounting and tax services Miami Beach.
  If you are looking for individual tax preparation
  in Miami Gardens, Heyer Associates would be a
  right option.