Sunday, August 8, 2010

HIring A Bookkeeper Can SAVE You Money

As a business owner, you’re great at what you do. Whether you sell goods or you sell your services, your time is valuable. If you are trying to juggle the normal day to day selling, collecting of outstanding money and updating your books, you soon find yourself working longer hours and not having the time to grow your business. It might be cost-effective - and time-effective to manage your small business finances by hiring a bookkeeping professional.

A bookkeeper can free up your valuable time so that you can focus on your business. You need to know where your cashflow is at and if you’re constantly focusing on your bookkeeping, you don’t have time to focus on your core business.

Employing a bookkeeper on your payroll as a part time or full time staff member can be costly. There are additional overhead costs such as employee benefits, payroll taxes, insurance, holidays, a desk, a computer and so on. Alternatively, if you are thinking of using your accountant to manage your bookkeeping, you will pay ‘accountants rates’ for a bookkeeping job being done. By contracting a bookkeeper to keep your books up to date will reduce your costs dramatically.

The benefits of using DFW Financial Solutions for your bookkeeping needs are:

1) Saving your valuable time by having them manage your bookkeeping for you. This provides you with more time to focus on your core business to generate more sales.

2) Reduce your overheads in a cost effective manner. There is no need to employ someone with all the additional expenses of an employee. You only pay for the bookkeeping time you need.

3) Increase your cashflow. Having invoices and statements sent out in a timely manner can help the cashflow. A bookkeeper can also follow up on your customers for overdue payments to reduce bad debts - and assist your small business with budgeting and financial forecasting.

4) A bookkeeper has an improved knowledge of bookkeeping therefore ensuring no errors in your books. Gives you peace of mind that your books are compliant, accurate and up to date.

5) Sales opportunities can be increased to improve your profits and grow your business. Powerful reporting can give you an indication of where your sales are headed. Reporting can be provided tell you what sells better over other products/services and where you make the most profit.

6) Lost income can be found. With a bookkeepers accuracy, loading your information may find errors in the past where you are still owed money.

Start growing your business and free up your valuable time today by using DFW Financial Solutions to manage your Dallas metroplex bookkeeping needs.

For more information about DFW Financial Solutions visit our site at or call us at 214-250-0195.

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