When to Hire a Bookkeeper

When you start a business, every moment matters and every dollar counts. Over those first few months, or even years, there will never be enough hours in the day and you will literally be counting every penny.

At some point, you will inevitably find that the only way to keeping growing your business is to shift something off of your workload by engaging professionals, such as bookkeeper.

If you wondering when you should hire a bookkeeper, this may help:

1. Your business is growing and transactions are increasing.

• If reconciling your accounts, paying bills, or tracking income/expenses takes more than a couple of hours a week, a bookkeeper can take over so you can focus on running the business.

2. You’re falling behind on recordkeeping.

• If receipts, invoices, and expenses are piling up, a bookkeeper helps keep everything current, accurate, and organized.

3. You’re not confident in your financial reports.

• If you’re unsure whether your profit and loss statement, balance sheet, or cash flow numbers are correct, it’s a strong signal to bring in help.

4. You’re spending too much time on bookkeeping instead of growth.

• If doing your own books is eating into sales, client work, or operations, outsourcing pays for itself by freeing up your time.

5. You need accurate numbers for taxes or financing.

• Bookkeepers ensure clean records so your accountant can do taxes smoothly or so you’re ready to apply for a loan/investment.



6. You’re mixing personal and business finances.

• A bookkeeper can set up systems to separate and track business-only activity, which is crucial for compliance and understanding profitability.