Top 10 reasons bookkeepers are worth their weight in gold!

1. Time to focus on your business needs 

Your start-up needs attention - including growing your idea into a solid product or service. Your time should be devoted to strategy, marketing, funding and other key areas rather than operational tasks…that’s what I can do for you.

2. What you don’t really know or understand 

Not many business start-ups have backgrounds in finance or a working knowledge of purchase ledger, sales ledger or VAT.  It’s better for a qualified bookkeeper to handle these areas of the business…I can do that for you.

Mistakes will be less likely and errors could cost you more. If you miss a bill or forget to pay something it can impact your business credit score.

3. Your work-life balance 

While you are concentrating on your business needs and everything else for your start-up, you have little time left at the end of the day or week for yourself or your loved ones…. I can help take some of the strain.

4. A different perspective on your business

You believe you have a good idea and are happy with the state of your start-up but it always helps to have another set of eyes.

A bookkeeper can put financial systems in place, run reports to show how you are doing each month, where the funds are going and how your efforts are paying off (or might need improving upon)…. I can give you that "big picture" through real-time data.

5. Escape the things you find tedious

You may not find finances exciting. You may not feel passionate about organising receipts or dealing with payments and credit control.    

It makes sense to hand these tasks over to someone who does them well because they enjoy it…. and that’s me.

6. Make sure everything is paid on time 

Balancing marketing, social media, daily to-do-list, planning..... some things get missed. This often ends up being bills that need paying. 

This may impact your reputation and credit rating so put a bookkeeper in charge and relax knowing that everything is being handled....I can help with this.

7. VAT returns on time 

The last thing you want is to get caught out forgetting a VAT return, especially with ‘Making Tax Digital’ now ‘live’  

I can handle support you to get set-up and handle the quarterly returns going forwards.

8. Your cash-flow 

As you are very busy, you may not notice payments outstanding from your clients. Cash will stop ‘flowing’ into your bank account and may hinder any future business you need to do.   

Sending reminders and checking bank accounts regularly can take up your valuable time…. I can support you with this and make sure the cash keeps flowing in.

9. Deal with any queries or conflicts of interest

If your start-up is a partnership, it is important that everyone is on an equal footing and knows about the finances. 

A bookkeeper is the gatekeeper of the money, creating a robust approval process, maintaining security, integrity and keeping everyone up-to-date.

10. Cost v Value  

You may think it will be cheaper to do everything yourself but a qualified bookkeeper actually saves you more. 

Reduce the risk of human error, out-of-date knowledge, missed payments, delayed income and VAT deadlines missed…. by asking me to help.

"Your time is money that you could be using toward running your start-up"

Contact me today!  www.purplebookkeeping.com