Bookkeeping Blog
Advice and tips for Australian Businesses
Don’t try to be the Jack or Jill of all trades, outsource your bookkeeping?
What I mean by this is, as a business owner you wear so many hats from operating your business, marketing, advertising, cash flow, talking to clients, doing the work, there is just so much going on all the time.
“But trying to be everything is a recipe for disaster, not success”
Have you reached the point of absolute physical and mental exhaustion and even though you have been doing your own books, there comes a time where you need to just let go?
This is our little list of the most important things you can do for your business and forget about being a Jack and Jill of everything….
- Sounds simple, but know what your good at.If you are good at cooking, or designing clothes, then stick with that and continue. Outsource the rest….
- Know your own numbersUnderstanding your numbers doesn’t mean giving up your business and handing it over. Knowing your own numbers is important, but letting go of the string and outsourcing your bookkeeping is vital for your business success.
- Get rid of paperPaper floating around the office only creates extra work. Store everything electronically and let the bookkeeper do the rest. We can help set it up for you, create systems so we can manage it seamlessly for you.
- Don’t try to do your own taxFocus on what your good at. As a qualified bookkeeper with over 20 years’ experience and as a Registered BAS agent, means we are licensed and able to advise you on all GST related matters, super useful when it comes to allocating things that can be claimed.So if you are getting to that stage and sick of being the Jack & Jill of your business then give Maree a call from Maree’s Mobile Bookkeeping on
0429 363 047.
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID
We are a full service, in-sourced Payroll and Bookkeeping business that puts money back in your pocket. Our team works like a full-time employee and part of your business when it comes to processing your Payroll and bookkeeping, but without the cost or other concerns full time employees bring. When compared to a full-time employee, we give you all the benefits and more but save you around $60,000 a year in costs, makes good financial sense!!
Doing your own bookkeeping – it’s a big mistake as a business owner
Many business owners think that because they are a small business, that they can do their own bookkeeping to save money.
Well that is probably one of the biggest mistakes I hear and see from many of my clients, they think they can do it all at the beginning to save money, but in the end, they not only waste a lot of time but money. I find that’s when small errors become large ones down the track.
Even though there are so many software packages to use out there in the marketplace for the small businesses ie Xero for example and many business owners feel they can use the software and there isn’t the need for a bookkeeper. Well there is so much more to bookkeeping then entering your expenses and income for the month. Many business owners don’t understand bookkeeping or they have their wife or sister do it for them, when in the end I receive the phone call from the wife or sister asking how to do something.
We all own vehicles, but do we all work on our vehicles each month or every quarter and service it. Maybe we can change the oil or put air in the tyres, but do we really know how to service the vehicle correctly with all the electronics. No, we take it to a mechanic, who is qualified and trained in this area. The same applies as a Bookkeeper, I have studied and worked in the industry for over 20 years and have learn’t all the aspects and know of all the current changes within the industry.
So next time you think you can do your own bookkeeping yourself, then think again. Do you really know all the in’s/out’s when it comes to bookkeeping?
Contact me today : Maree Punzet on 0429 363 047
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID
We are a full service, in-sourced Payroll and Bookkeeping business that puts money back in your pocket. Our team works like a full-time employee and part of your business when it comes to processing your Payroll and bookkeeping, but without the cost or other concerns full time employees bring. When compared to a full-time employee, we give you all the benefits and more but save you around $60,000 a year in costs, makes good financial sense!!
The benefits of using a Virtual (Mobile) Bookkeeper over an Employee
Each day I receive enquiries from new clients asking me what the benefits are in utilising a Virtual Bookkeeper over an Employee. The simple answer to that question is YOU WILL SAVE MONEY.
Just imagine you are the client, you’re weighing up the options of which way to go, do I start advertising in the local paper, on seek.com or asking people for recommendations for a new staff member. Do I really want to go through the shortlisting, interviewing and ultimately in the end employ someone that may not work out. Then have to go through the whole process again to possibly be disappointed once again.
No Way..
As any small business owner would know, most are too busy to interview for staff and you need to consider expense in wages to pay for this employee?
I would much prefer to employ a Virtual Bookkeeper and these are the reasons why:
As a small business owner who is based at home, I don’t want someone onsite regularly coming into my home and family space, using a Virtual Bookkeeper is great, everything is done “Virtually” by email, phone, and cloud.
I don’t really have the space for a staff member. Nor do I have the money for a desk and office equipment, phone etc
That’s right the extra expense of paying sick leave, holiday leave and superannuation.
A Virtual Bookkeeper saves time, money and stress. Why would you consider an employee, it doesn’t make good economic sense?
So contact Maree from Maree’s Mobile Bookkeeping today on Mobile: 0429 363 047
