1. You hate numbers and math, and all things related to numbers and math

Some people are just not numbers people, and that is okay. You are probably a wildly creative person with brilliant ideas, or a coach who transforms the lives of your clients, or a virtual assistant diligently serving your clients. We all make the world a more beautiful place in our own special way. The key is recognizing the things you rock at, and doing those things with excellence. Things like bookkeeping can and should be hired out to those wonderfully nerdy people who love and excel at dealing with numbers (pun intended).

2. You are frustrated with the amount of time bookkeeping takes

You started your business to serve your clients, not to waste a bunch of time on stuff like bookkeeping. Every hour spent on bookkeeping is an hour away from your clients or your family. Your time is precious, spend it on the things that grow your business.

3. You are not keeping up with it  

We’ve all done it, you make that list of all the things you need to get done in your business, with the fun tasks at the top and the boring ones at the bottom. And somehow we never seem to get to those bottom ones...until we hit a deadline that sends us scrambling. If bookkeeping is one of your bottom tasks, and you keep falling behind it’s time to hire a bookkeeper. Not only will a bookkeeper keep you on track, they will provide you with up to date and accurate info so you can make better business decisions.

4. You’re not sure you’re doing it correctly

This is a big one. Bookkeeping and accounting require a special set of knowledge, and not everyone can be an expert at everything. If you’re not sure that you are doing your bookkeeping correctly it’s time to get outside help. Outsourcing your bookkeeping to a qualified bookkeeper not only provides you with better financial data for decision making but saves you time. Hiring a bookkeeper means no more wasting time worrying that your records are wrong or researching the correct accounting treatment.

5. Paying an accountant for bookkeeping work

If you're that shoe box entrepreneur who waits until year end and just hands over all your statements and receipts to your accountant you are losing money. Accountants have more specialized knowledge and charge higher rates, no matter what they’re doing. That means you’re getting your bookkeeping done at more expensive accountant rates instead of less expensive bookkeeping rates. Bookkeeping is inexpensive compared to the rates your accountant will charge to do it for you or to fix any mistakes. Save money, hire a bookkeeper!

Still wondering if you’ve hit the point in your business where it’s time to hire a bookkeeper? Stop wondering and take the quiz!  Answer the questions below!