Small and mid-sized enterprises (SMEs) often face the dilemma of whether to hire a bookkeeper or seek a mobile bookkeeping service.
Employing a bookkeeper full-time may not always be the best use of resources or the most effective way to maintain accurate financial records, especially for smaller businesses. As a result, many SMEs turn to virtual bookkeeping services or those that provide on-site pickup and delivery.
Many SMEs mistakenly assume they need a full-time bookkeeper to manage their finances. In reality, even a company generating $5 million in revenue may not require a full-time bookkeeper. The need for bookkeeping services is more closely related to the level of accounting activity, such as invoicing, bill payment, and payroll, rather than the volume of sales.
By opting for outsourced bookkeeping services, companies with a full-time bookkeeper could potentially save around $80,000 each year by utilizing these services for just half a day each week.
My name is Fran Minyard, and I have over 18 years of experience in the accounting and bookkeeping field. I have worked in various sectors, including healthcare, non-profit organizations, and manufacturing. My expertise lies in bookkeeping for small and home-based businesses, payroll processing, and financial reporting. I also specialize in the setup, cleanup, training, and support of QuickBooks Pro, Premier, Enterprise, and Online.
I hold a bachelor’s degree in business administration and am a Certified Bookkeeper. Additionally, I am a member of the American Institute of Professional Bookkeepers and a Certified QuickBooks ProAdvisor, as well as a Certified Cloud (QB Online) ProAdvisor.
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