ACCURATE FIGURES MATTER

Beware the False Economy of 'Cheap' & Find Real Value

Blog by Ian Allen

How many times have you paid for something and it breaks after a handful of uses? Or you considered buying the cheap knock-off version of the latest Android phone because "it's the same thing, just without the fancy name!" Only to find out it's not, it's a long way off the same.

You might not be able to use it as it's too dangerous, badly wired or just not up to the job and to make matters worse it doesn't have a warranty so you can't take it back or get a replacement. Your stuck with this inexpensive piece of junk paperweight that just won't cut it.

"But it wasn't my fault, I got mugged off!"

Well, that's as maybe, but just like checking all those spam emails that want to enhance you, or send you money from Uganda, or date you, send you their galleries or check your account details, wouldn't you want to entrust your business finances to someone that can prove their legitimacy of knowing what they are doing, are experts in their field and are regulated?

"What are you banging on about?"

Well, it's those old adages isn't it “you pay peanuts, you get monkeys" or "measure twice, cut once." Sometimes you really should invest a bit more to get the results you not only want but are legally required to do so.

The other thing is not just the value of the product but the value you put on your time. Let's go back to that hooky phone you bought that didn't come boxed but you were told it had the manual on the phone. Only to later find it was written in Korean! So you spend a day trying to find an English version online. It's a waste of a day, right? What could you have done in that time?

"So, what are you trying to say?"

As experienced bookkeepers, we can assure you that it is well worth the investment to work with a certified bookkeeper. Not only will a good bookkeeper ensure your books are always up-to-date, but they can also provide invaluable financial advice and guidance tailored to your specific business needs. It's much more than just keeping accurate records - we take care of the timely payment of all necessary taxes, monitor accounts payable and receivable, and even prepare financial statements for business owners.

Furthermore, a qualified bookkeeper can help you make better decisions related to spending and investing. We understand the fundamentals of managing business finances in an efficient manner and strive to help you create realistic budgets that align with your goals, especially because we are small business owners, just like you.

In conclusion, when looking for a bookkeeper, it is important to weigh up the long-term benefits of investing in that great bookkeeper against the short-term savings of going with a cheaper option. Accurate figures are essential and are worth the investment, as they can provide you with peace of mind and assurance that all financial processes are being handled correctly. By finding a bookkeeper who is reliable, trustworthy and knowledgeable you can be rest assured that your finances will be accurately managed and maintained.

To coin another old adage, "you get what you pay for" so make sure one of those things you invest in is ..... a great bookkeeper.

"If you want to soar like an eagle in life, you can't be flocking with the turkeys." - Warren Buffet