Bookkeeping is often a burden for the small business owner. The entrepreneur or small business owner simply doesn’t have the time and interest to ensure accurate and up-to-date bookkeeping. Tax payments fall behind because of time constraints associated with working alone. Even with one or two employees the small business owner simply cannot afford to allocate more staff members to bookkeeping.
The chore of bookkeeping, however, is essential for the success of a business. Invoices must be supplied in accordance with various regulations and without delivering the invoices in a timely and professional manner, payments cannot be received. If the invoices are delivered, but outstanding accounts not followed up, losses occur. Bookkeeping then, as unpleasant as may be for some, is our forte and we love what we do.
Instead of you having to employ more people to keep the books up to date, simply outsource. In this way you can focus on the growth of your business while we keep the administration part up to date. It is not only the monthly bookkeeping that needs attention, but the reconciliation of bank statements, collection of money, creditor reconciliation, balance and income sheets, trail balance, creditor & debtor age analysis, VAT submissions, registration, financial forecasting and budgeting as well as the recording of financial data.
If you have a team on board that can do all of the above at a competitive price rather than having to do all of the above yourself or in-house, you will save:
• Money – more profits and income for you.
• Time –one element of resources which is extremely valuable for the small business owner.
• Resources – office space, computers, and office supplies.
• Manpower – rather employ someone to assist in marketing or your direct business and grow your company.
Don’t let bookkeeping limit you from reaching the full potential of your business. Contact OfficeOnCall to manage the book keeping.