Monday, May 17, 2021

What Can a Bookkeeper Do for You?

How Much Time Do You Have?








    Are you looking for someone that gives you back the time you spend with bookkeeping chores? Would you like to be able to make money with the time you spend on the bookkeeping? If you said yes! Keep reading:


Take a minute to figure out how much time you spend on bookkeeping chores for one month. I can tell you that most small business owners spend 4 or more hours each month, and that is not always enough. Let's say you spend one hour each week taking care of the income for your business, one hour each week taking care of the bills, one hour sending the invoice to your customers, one hour each week taking care of expenses and supplies needed for your business. and last an hour taking care of balancing your checkbook each week. That equals five hours each week!


    You have just spent more than half a day on your bookkeeping chores! Now I want you to give some thought to how much money you would be making in that five hours, if you were using that time on income producing activities. How much has that five hours cost you?


    The good news is that when you outsource this part of your business, you gain expertise, time, and most of the time you actually make more money!! It frees up your time to use on the areas that you enjoy in your business, and that make the income for your business.


    There is one more big benefit to outsourcing your bookkeeping, you will gain a better understanding of the financial health of your business. You can make sound business decisions, and it is easier to plan for growth.


Which of these reasons is most important to you? There are many choices for outsourcing, and we believe in offering three levels of services for bookkeeping to meet out clients business where they are at now. We never want a small business to have to wait to get help because of the cost of services. We have just added more choices for payments, and three tiers of service to better serve you.

Contact us today for a Free Consultation! Our passion for small businesses is great, and we want to help others with their bookkeeping needs.

Thank you,

Misty Rodriguez

MDR Bookkeeping and Tax Services, LLC

Monday, May 10, 2021

The Many Hats of Small Business Owners

How Many Hats Do You Wear?






    This blog is a hat's off to all small business owners. It often feels that the endless list of tasks never stop, so take a minute and congratulate yourself for all that you accomplish everyday!


   It takes many different hats to run any small business. There are too many processes to name. As the weight gets heavy, it may be time to begin looking to outsource some of the load.


    When small business owners become overwhelmed with all the demands from business tasks, often the passion that was once felt is diminished. One of the benefits of owning a small business is the joy that comes from being a business owner.


    When doing research about running a small business, it is often recommended to begin outsourcing the areas of business that most affect the performance of growth for the business. I believe that the best part of running a business is the collaboration that grows between other small businesses, so I think it makes perfect sense to help other small businesses by planning to outsource the areas of the business I am not as strong in.


    Making those decisions can be very difficult, because it feels as if we are giving away part of ourselves. We are often very proud that we can wear the many hats it takes and do it all. I personally believe this is hurting us all, and that we should all work together to share business processes with each other, and share the hats among other small business owners. We all grow and are helping each other and our communities become stronger when we all work together.


    My hat is off to all of you that wear all the hats in your business, and I send the best of thoughts for your business to outgrow the desire to carry that heavy load alone! 


Disclaimer: This blog post is my personal opinion, and does not reflect any single source of material. It is not based on one item, but rather many various sites and reading along with my own heartfelt thoughts.





    


 

Tuesday, May 4, 2021

Six Questions That May Mean You Should Outsource Bookkeeping

Do You Need to Outsource Bookkeeping?


    If any of the following  questions apply to you, then you may want to consider hiring a bookkeeper. The cost may be beneficial in ways that are beyond the money. The expense must be worth it to you, and it is a choice that only you, as a small business can make. 


    Ask yourself the following questions before you decide to go it alone:


  1.  Are you sacrificing time in other important areas of your business that cost you money during the time you spend on your bookkeeping?
  2.  Do you feel stressed out when you are taking care of your bookkeeping?
  3.  Are you certain that you have accounted for every transaction when you file your tax returns?
  4.  Are you uncertain of how much money your business has actually made, due to scattered receipts and financial documents?
  5. Are you sacrificing time with family and friends to take care of your bookkeeping?
  6.  What amount of money would your business be making during the time spent bookkeeping, if you were using that time to work on that area of your business?

    There is no right or wrong way, just a personal choice that is best for your business. Take some time to consider each question. The goal of bookkeepers is to help you make informed choices for your business. We want you to have the time to spend on the activities that help grow your business. Your success is the most important thing to us. The only way to truly grow a business if sound financial decisions, and that is where we can help. 

We welcome questions, and would love to have feedback from our readers. We are working hard to learn this process to provide you with useful information, so please let us know how we can best serve you.

What Can a Bookkeeper Do for You?

How Much Time Do You Have?     Are you looking for someone that gives you back the time you spend with bookkeeping chores? Would you like to...