103: Deciding If You Should Do Your Own Bookkeeping Whether You Are Starting A Business, A Solopreneur, Entrepreneur, Mompreneur, Owner, Side Hustler, Freelancer, Bookkeeper, Virtual Assistant, Or VA

Mastering Your Small Business Finances ~ Money Management, Bookkeeping, Entrepreneurship, Side Hustle, Accounting, Cash Flow, Solopreneur, Strategy, Tax, Virtual Assistant Marketing Mindset QuickBooks

There are many things to consider when you are thinking about doing your own bookkeeping for your business. The main things to consider are your knowledge and your interest in bookkeeping. If you’ve been debating about whether you should do your own bookkeeping for your business, or outsource it to someone else, right now is the time that you need to make a decision and begin moving forward. In today’s podcast episode, I will help you decide if doing your own bookkeeping is in the best interest of your business. I see so many business owners who are in the decision-making stages for months while their bookkeeping sits patiently waiting for them, only to make their bookkeeping a more significant project than it needs to be. Maintaining and keeping an accurate bookkeeping system will be crucial to your business's success. It doesn’t matter if you are a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA; you need to make a decision about who is going to be managing the books for your business and take the time to follow through with your decision. Listen in as I walk through the major points you should consider if you are going to do your own bookkeeping. This is a big decision, and it could be an expensive mistake if you don’t have the ability to generate accurate and timely financial reports you can rely on. These tips are essential whether you are using a computerized software system like QuickBooks, Xero, Wave, or FreshBooks for your business finances; or doing your bookkeeping manually with an Excel spreadsheet or even a Google Document…

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