How To Find Affordable & Professional Bookkeeping Services for Small Business Owners
The stats that we can see in 2021, show us that there are 5.5 million small businesses currently in the United Kingdom. That is a lot of small business owners! Many of these businesses have zero employees. Some have a handful of staff and others might have up to 49 members on the payroll. One thing that all those businesses have in common, regardless of the services they provide or products they sell, is that they need bookkeeping. Undoubtedly, without bookkeeping the business will struggle to figure out how things are going financially. That's without even including the paying of staff members. Let's take a look at how to find affordable and professional bookkeeping services for small business owners.
Why Outsource Your Bookkeeping?
This is one of the questions many small business owners struggle with. Why should they outsource their bookkeeping? Well, to begin with you aren't employing someone. When you add another employee to your business, you have to take into account such things as sick pay, annual leave and pension contributions. When you work with an external service, you might pay more for the service than you would per hour to a staff member, however you don't need to employee the bookkeeper for 40 hours a week! You can use them for a couple of hours a week or maybe a handful of hours every month.
This is the affordable part of using bookkeeping services for small businesses. It has to be affordable. You need to be able to control how much you are spending. If you need help with bookkeeping for just two hours a month, you can ask for it. If that is all you can afford from your business budget, so be it. Moreover, you can be sure that those two hours are going to be spent helping your business finances, getting your paperwork in order and returns organised. Two hours pay for two hours work. A simple invoice to settle and everyone can move on. They might even end up saving you money because they will show you what extras you can claim for.
When you work choose bookkeeping services for small business owners, you can be sure that the experience will be professional. These bookkeepers do this for a living. They can work fast, collate your information quickly and produce what you need. This is their area of business. Finance and paperwork is probably not why you set up your business. Getting that little bit of help is a huge plus point and having the experience of a bookkeeper can actually help your business. Having those third party eyes can point out things you may have missed. Furthermore, it frees your time up to work on the areas of your business you do specialise in. Whilst having peace of mind that you are receiving quality work from a professional bookkeeper.
Finally, if you are on the lookout for bookkeeping services for small business owners, please get in touch and we can see how Bruton Young Bookkeeping can help you. We can help with payroll, tax returns, VAT and much more.