September 3

7 Reasons to Hire a Bookkeeper

A Virtual Bookkeeper can support and bring your business under your control whilst allowing you to make more sales and earn more money while your books and administrative tasks are taken care of. They can also free you from the burden of what is time-consuming work which I doubt if you enjoy – doing your books.

Simply put, a Virtual Bookkeeper is an off-site contractor who provides bookkeeping and credit control services, conducting nearly all transactions electronically.

And they even have their own associations: The International Association of Bookkeepers and the Institute of Certified Bookkeepers in the UK. Below are the top seven reasons to hire a Virtual Bookkeeper:

  1. They are all business. Your Virtual Bookkeeper will support your needs, not the other way around. Since they bill their hours for the work they accomplish – some in increments as small as five minutes – you are not paying for personal phone calls, late arrivals, childcare crises, or sick time.
  2. You’re in control. Your working relationship is based upon a contractual agreement whereby you state what you expect. They either do it or they don’t. If you want a bookkeeper who uses QuickBooks, then you specify that. Or, you can entirely defer to your Virtual Bookkeeper’s expertise and focus your energy elsewhere.
  3. Professional rapport. Your Virtual Bookkeeper is in the entrepreneurial boat, too. They work at home, market their services, prospect for clients, and provide a service just like you do. It’s a great way to add to your network base, as they may have found ways to solve problems you never even thought of. Often they have their own network of resources that they utilise for printing, document processing and promotion. Tapping into their resources doubles your own.
  4. Cost savings. You can hire a Virtual Bookkeeper from anywhere. It’s as competitive an industry as any other, and you can expect a wide range of fees for Virtual Bookkeeper services. But most importantly you only pay for the hours you need and don’t have to pay them to be in the office when you don’t need them. You are not under any obligation whatsoever, except, of course, to pay your bill.
  5. Pride in their work. If you are hiring a Virtual Bookkeeper you can get references from their other clients. Often the Virtual Bookkeeper service will place testimonials on their site. Examine their website to determine the depth of their skills and experience.
  6. Virtual freedom. No on-site employees means no liability, no national insurance, hoiliday or sick pay, and no payroll taxes to calculate. Everyone is an independent contractor. You can utilise a Virtual Bookkeeper for either ongoing work or on a per-project basis.
  7. No strangers in the house. If you have a home office, hiring employees to work on-site could be intrusive. If you have children at home, or a spouse who works odd hours, or you just don’t care to open up your private space to others, a Virtual Bookkeeper is ideal. Most likely, your Virtual Bookkeeper will never need to visit your premises at all.

When you hire your Virtual Bookkeeper, be sure to ask them to furnish a detailed list of the types of services for which you will be billed. Some will charge to accept your phone calls, read your email instructions, or the time it takes to download a file. There should be no surprises if you have good communication with your Virtual Bookkeeper.

To find out more about starting your own bookkeeping business working from home and becoming a Virtual Bookkeeper enter your details here.


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