Why You Should Hire a VA to do Your Small Business Bookkeeping
For those who aren’t numbers or math people (like the rest of us), bookkeeping can seem like the worst part of owning a business. This tedious task can put off even people who love numbers. However, bookkeeping is something for a company to remain organized and profitable. You need to know where your money is coming from and where it’s going. You also have to be able to create a plan A, B and C for your business in regards to your finances to prepare for unforeseen costs, circumstances or events. If you’re still unable to figure out an exact bookkeeping system that works for your business, or if you’re head of an established company with the funds to hire a VA for bookkeeping, we’ve got the blog for you! We’re going over the main reasons you should consider a virtual assistant (VA) for your bookkeeping and administrative needs.
Save money (sort of)
Suppose you’ve been considering hiring someone to help with your business or bookkeeping needs. Still, you aren’t convinced that you can afford a full-on accountant and the associated fees. In that case, a virtual assistant might be the right fit for you. VAs aren’t always cheaper, but they can be if you find the right one. They also don’t come with the exact fees a professional accountant would because they work for themselves, as independent contractors, instead of a large firm. However, this doesn’t mean that VAs are less educated or knowledgable than professional accounts. Some VAs were professional accountants before making the switch to owning their own business and becoming a VA. Therefore, you’d be paying for an experienced accountant for a fraction of the cost.
This is a double win for you as a client because you can save money (which could be put towards outsourcing other tasks and projects), and you get the knowledge and assistance from someone that’s trained and experienced in the field. You’re able to trust that they will provide you with quality work, and you won’t have to worry about taxes or inconsistencies in your business. You really can’t put a price tag on dependability and trust (well, you can sort of, but hiring someone who can get the job done and is experienced in the industry will be much more profitable in the long run).
Honestly, Quickbooks is a headache and a half. We would hate to look at the statistics for how long people have spent trying to navigate and figure out any accounting software. Talk about nightmares.
Imagine how much time it takes you to figure out software applications like Quickbooks. Then imagine how far you would be ahead if you put all those hours towards something else in your business (not bookkeeping related). Crazy right?
Some of us just aren’t tech-savvy, and that’s okay! People like VAs are handy because you don’t have to “fake it ‘till you make it” you can just be confident that you’re getting the work done correctly and not have to spend time or money on rework.
Save yourself time. Save your employees time. Save your customers time. Just hire a virtual assistant proficient in bookkeeping and start sleeping better at night knowing that you’ve crossed that off your list.
Make a plan
Owning a business is all about planning. Plan your next five steps, plan what work you want to do next that day, plan your goals, etc.
Hiring a VA is like hiring a teacher and an employee. Since they’re knowledgeable in an area of business that you’re not so confident or familiar with, they might be able to teach you a thing or two. In addition to this, they can also help you plan out your finances better for the future. Since they know what data they’re looking for, what’s essential and what isn’t as important, what the information is reading, and so on, this can help plan your business’s success and adhere to the business plan you have.
If you aren’t sure how to factor a VA into your finances as they are, you can always reach out to a VA for a consultation. Most of them will offer free consultations to introduce themselves, go over their services and answer any questions you might have. This is the perfect opportunity for you to explain your concerns and why you’re considering their business. It’s also a good time for you to clarify if you’re struggling to factor in their costs with your budget and ask if there’s a way they would be able to help with that. They might suggest a payment plan or set you up with someone a little more affordable but just as educated. It’s important to remember that these people are still professionals, and trying to gain free work just won’t fly in this industry.
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