If you’re thinking about hiring a bookkeeper, then it’s going to be one of the best decisions you’ll ever make for your small business. Besides the obvious benefit of having much more free time to enjoy your life, instead of being stuck filling out paperwork and balancing numbers, there’s also going to be a definite financial advantage – hiring out these kinds of tasks will free up your time to work on the sales and marketing areas of your business.
First things first – when you’re trying to decide which bookkeeping service to hire, you need to make sure they’re good at what they do, and they can give you some real testimonials from their clients.
Secondly, check their accreditation and qualifications.
Some questions to ask:
- Are they a member of a registered body such as the Institute of Chartered Accountants, CPA or NIA?
- What university or other tertiary qualifications do they have? These courses and membership in an organisation will mean they are legally qualified to perform bookkeeping services.
- What experience to they have? How long have they been in business? You don’t want to be someone’s very first client, although it shouldn’t be a deal breaker.
- If they haven’t been in business for at least 5 years, have they ever worked in accounting or bookkeeping company before they became a bookkeeper? Again, this shouldn’t be a deal breaker but should give you some idea of their experience level.
And there are some less tangible factors you should consider –
Location – It’s usually best to look for a local bookkeeper, rather than one from the interstate. If your business is on the Melbourne for example, it’s probably best to look for a Bookkeepers Melbourne. Sure, with Skype video calls, email, you can keep in touch with someone in another area, and send documents in the mail. But if you’re like most people, you’ll want to meet these people at least once when you first get started, and maybe save money by dropping in documents and receipts yourself. Click here for more !!
So your first step is to find a Bookkeepers Melbourne, depending on how far you are willing to travel to meet with them.
Client testimonials, as we talked about before. As illegal as it is, some people do still insist on ‘fudging’ testimonials, if not taking them altogether. Ask the bookkeeper for the contact details of at least a couple of their testimonials. Give the person a call or email; most people will be happy to say a quick word about the bookkeeper, especially if they’re happy with them.
How do the fit with you and your business?
Once you meet the firm, you’ll be able to gauge how well you are going to get along, and if they are right for you, and vice versa. The type of client they usually have is important too. For instance, if you run a 300-employee manufacturing plant, you may not want to work with a firm whose largest client has 12 staff.
In short, don’t start a relationship based on price, when you know there could be issues in the future.
Franchise vs. non-franchise – with the explosion in franchising, there are many of these kinds of bookkeeping firms around, as well as the non-franchised kind.
A good bookkeeper can take some of the load for you, their fee can be tax deductible, and you’re free to work on marketing, spend time with your loved ones, whatever you like: Www.bookkeeperco.com.au.