Are you in a “bookkeeping fix”?

Are you frustrated that you have to take care of your books of accounts yourself?

A lot of business owners are required to manage their bookkeeping themselves in an attempt to save costs. Bigger companies can afford accountants but smaller businesses and freelancers are forced to find ways to minimize costs for obvious reasons. So managing their bookkeeping themselves is one of the options.

However, doing this is difficult for 2 reasons – it is time consuming and mundane. Also, it is hard for someone without an accounting background to manage these financial matters. There are these tough accounting terms and procedures. Even for someone who is acquainted with accounts, this takes time. Plus there are updates to tax rules and regulations; they have to keep a really good track of these in order to ensure that their books are up-to-date. This in itself is a huge chore. So a lot of business owners end up spending sleepless nights and extended work days in order to meet these requirements.

But this cannot go for long, can it? Also, this is not worth all that trouble. As they say, there is no free lunch. If you are trying to save costs on the bookkeepers’ fee, you are paying for it by sacrificing your family time – but is it really worth all the trouble?

If you are looking for an easy way out of this, you can consider outsourcing your bookkeeping activities. There are several bookkeeping outsourcing firms that specialize in this area. They take excellent data security measures, hire experienced accountants and have years of experience. They are also acquainted with a range of accounting software such as QuickBooks, Sage, PeachTree and so on. You also save on overhead costs this way. So, hire virtual assistants for your office bookkeeping requirements right away. You have nothing to lose.

Is bookkeeping a nagging worry stopping you from focusing on key business tasks?

Small business owners have a lot of worries day in and day out, more so in the case of startups. There is just so much pressure on the business owner.  There are almost no small scale businesses that started with a big budget. Most are started on a shoestring budget with the business owner taking on as much work as possible.

When you are very good at one thing, good enough to think you will succeed in starting a business, it is your only focus. It is unlikely that you looked at learning other skills that a business owner would require. One such thing is bookkeeping.

Now as a business owner you have a whole lot of things to do. It is not unusual to find you doing the job of two or more people. However if there is one task that any business owner despises, it is bookkeeping. It is hard to understand, mundane and tedious. This is simply why it is avoided to the very last minute.

How much do classes help?
There are several classes for business owners to learn accounting software. However, only few come out of the course benefiting from it. This is because conventional accounting software is designed for accountants and bookkeepers, not laypersons. So if a business owner has to learn this, it requires a great deal of time and commitment. It is of no surprise that lots of business owners drop out from the course.

Here is what you can do to get a bookkeeper at your budget
There are several BPOs offering bookkeeping services. They are better than your local bookkeeper in so many ways. Firstly, they are cheap. It costs you less than half of what you would be paying for your local bookkeeper. You can pay them only for the number of hours they work.

The quality of bookkeeping services is also very high. This is by far the best bookkeeping solution you could ask for. 

Are you worried that the bookkeeping costs are no longer manageable?

This is quite understandable if you are a small business owner or a self employed individual. Bookkeeping is simply not your thing. There are so many other things that warrant your attention and expertise, bookkeeping is sure to be last on the list.

There are of course certain business owners who effectively manage bookkeeping along with other tasks. They are perhaps exceptionally good with learning something new and committing to it or they have a lot more time than their peers.  Either way, you can be sure that the majority cannot manage their bookkeeping themselves without making a mess of it.

Hiring a local bookkeeper solves the problem but..
A bookkeeper comes like a welcome relief for someone who has been struggling with the task. All the pain is relived in an instant. The only problem is that the pain is back and more severe when you realize that bookkeeping costs are eating into your profits.

Here is a way to work around this
As unimaginable as it may seem, it is possible to get the expertise of a bookkeeper at a very affordable cost. This is through bookkeeping outsourcing. Do not be scared of the word. There a couple of credible BPOs that offer high quality bookkeeping services at rates that you will be happy with.

Such bookkeeping services will cost you less than half of hiring a bookkeeper in your city. Then there are additional advantages which include flexible hours. You pay only for the number if hours a bookkeeper works. This means you don’t have to pay salaries. Also during peak business season you can have the bookkeeper work longer hours without any hassle.

Bookkeeping outsourcing is definitely the way to affordable bookkeeping.

Are you a small business owner looking for a bookkeeping solution?

Being a small business owner is not easy. Yes you do have the privilege of being your own boss and making the big decisions, but that does not mean life is all comfortable. In fact, it can be quite the opposite when you take on all responsibility at the work place. It is quite natural to find small business owners doing the job of two or more people. Basically, it is smart to do whatever jobs you can such that you don’t have to take another employee on board.

This makes complete sense except that work can tire the hell out of the business owner. Now this is also bearable. What is worse is, having to do a task that you are unfamiliar with.  Most business owners are in misery when it comes to doing their bookkeeping. Let’s face it. It is a mundane task and which takes a lot of time. The software for the task is not necessarily easy either. End result? There are bookkeeping backlogs which have to be cleared before the accounting tasks can commence.  This invariably costs the business owner more than what it would have cost to hire a bookkeeper.

Here is what they should do

Bookkeeping services are right now being offered by outsourcing companies. The service is as good as the ones provided by your local bookkeepers. The only difference is that you are outsourcing it. Now there is no need to be scared by the word ‘outsourcing’. More and more small business owners are turning towards these professional bookkeeping services offered by outsourcing firms. 

It is greatly cost effective and is the perfect solution to the bookkeeping problem.

Need a hand with your small business bookkeeping?

Are you drowning in this sea of your books of accounts with no one to save you?

Spending every sleepless night on invoicing and accounting?

Wondering if you will ever be able to get your old, accounting-free life back?

If you are a small business owner and you take care of your accounting requirements yourself, you are probably frustrated by the kind of time and efforts it demands of you. Especially if you are not acquainted with accounts all that well, this chore eats into your time like no other.

As a business owner, you are required to spend your time in more quality functions such as meeting with clients, investors and making important decisions that affect your business directly. Though accounting is an important part of your business, no doubt, it is something that may not be your expertise exactly. So, you really have to think about hiring a professional so you can get this off your hands.

However, accounting professionals these days cost a fortune. It may not be a cost-effective solution for a small business owner or a freelancer to hire a full-time accountant. So, here is a better, more practical option that is even tried and tested by many: outsourcing overseas.

When you outsource your accounting tasks to firms in countries such as India, there is a mutual benefit – because of the difference in currency, you can get your tasks done at an affordable rate and they are good at what they do. You have to watch who you outsource to, as one has to admit that this lucrative business also attracts some inefficient people. But that does not mean that you cannot turn to off-shoring. Several businesses have benefited from this option, when they found the right outsourcing partner.

By outsourcing your small business bookkeeping requirements to the right people such as Integra Global Solutions, you can heave a sigh of relief and turn to other important business tasks while your books are regularly updated by your trusted virtual assistants from the firm. Check out how you can make use of this service – you have nothing to lose.

Do you need a hand with your bookkeeping?

Every small business owner could use a hand with bookkeeping. This is because, unlike bigger business owners, they do these tasks themselves.  Any person aspiring to start his/her own business is always told to hire very little and do whatever they can by themselves. This includes bookkeeping.

It is not rocket science and fairly simple when you get a hang of it. It is also true that several business owners are able to successfully do their own bookkeeping. But if you look at the majority; there are more people struggling with it.

There are several reasons for this. The most popular one being lack of time. It is not a difficult task as such, but to be efficient at it takes practice. Business owners don’t have the time or the patience to practice and perfect this. Bookkeeping cannot afford to be anything short of accurate, so overall investing a great deal of time into bookkeeping doesn’t seem like a worthwhile task. 

Hiring a bookkeeper is not a practical option for many given that their rates are not affordable. That said business owners could always use a hand with bookkeeping.

There is a cost effective way to get bookkeeping done
It is possible through online bookkeeping services. An online bookkeeper is as good as the one you would get locally. The greatest advantage is the cost. You will only have to pay for the bookkeeper’s time and nothing else. This means there are no costs in terms of salaries, bonuses and infrastructure. There are countless business owners who have benefited from this. It is indeed the best way to get your bookkeeping done!