Articles
The Owner's Dilemma
Many business owners, especially small business owners, often try to juggle too many of the office tasks themselves. This is completely understandable especially when a small business is just starting out. However, that is precisely the time when business owners should be using their start-up momentum of time and energy to propel business marketing and creativity to focus on improving their brand and assisting their clients. Using time at the end of a long day to sit down and organize a pile of receipts, or deal with cash flow problems because of being behind in invoicing can exacerbate the problems of a small business.
Another common problem is that many owners also leave the bookkeeping to the last minute, and suffer late charges if they fail to file HST or taxes on time. The stress of a bookkeeping and paperwork backlog weighs on the mind and saps the owner of valuable down time, or time needed to rejuvenate and focus on how to continue growing their business.
By having the work of the bookkeeping taken care of by a knowledgeable and competent bookkeeper, this worry and stress can be eliminated. It allows you to focus on the future, the work you love doing, and to have the financial information you need readily available to clearly understand the financial health of your business.