How frequently you do your accounting can affect your company’s survival rate:
How good your records are kept can also affect your company's survival rate:
Take record keeping seriously. If you feel you can’t afford a bookkeeper, think again. Our basic bookkeeping services cost as little as $35.00 per hour, and we can take care of a small business for as little as 150.00 per month.
|Outsourcing bookkeeping saves money and allows you to focus on your core business – positively impacting your bottom line.
If managing your bookkeeping is “keeping” you from managing other aspects of your business you need bookkeeping help. Outsourcing to R&D is a reliable, cost-effective solution.
The problems associated with hiring an in-house bookkeeper
Employing an in-house bookkeeper can be expensive – salary, employer payroll taxes, workers compensation, medical insurance, retirement plans, and other benefits. There are also vacation and sick days to consider, as well as the time and expense of placing classified ads, interviewing and training an employee.
The advantages of outsourcing your bookkeeping to R&D
When you retain R&D, you benefit from our experienced bookkeepers without the expensive overhead and administrative headaches. We provide high-level bookkeeping services at competitive rates. And, since we maintain your financial ledger, ongoing recording of data and preparation of documents, your year-end work can be significantly reduced resulting in lower accounting fees and faster turnaround time in preparing tax returns and financial statements. Retaining R&D provides a true return on investment.
How outsourced bookkeeping can save your business
Operating without records are like driving without brakes – CRITICAL – both are necessities. You may be thinking, “If my business takes in enough money, all these paperwork matters will resolve themselves. If they don’t, I’ll hire someone to clean them up later.” PLEASE THINK TWICE ABOUT THIS! How effective, or ineffective, your accounting is not only affects your cash flow, but your survival rate. An accurate bookkeeping system is also crucial for preparing your annual federal and state income tax returns and filing sales tax and/or payroll and taxes in a timely manner.
Ignoring your books is inviting disaster. If the IRS ever audits you or your business and finds insufficient records or significant mistakes in your bookkeeping, it can disallow deductions. The IRS can also impose fines and penalties, possibly forcing you out of business and wiping out any savings.