As a business owner, one of your main goals is for your business to succeed. But is there a secret to success? As bookkeepers we believe accurate books goes hand in hand with a successful business. 

Running your business without up to date financial information can be a recipe for disaster, just knowing roughly what you have isn't going to guarantee you take your business to the next level. In order to be the best you can be and work as efficiently as possible, make sure you know your monthly profits and losses as well as have a good understanding of your cashflow. 

When you have accurate books in your business it gives you a sense of confidence when making financial decisions. Being organised and able to understand exactly what is going in and out, not only saves time but shows you are a trustworthy business. If you need a cash injection from investors or other sources, having accurate books will aid in the lending decision. 

We all know that cleansing feeling when everything is where it is meant to be; that can also be said for a businesses bookkeeping! When everything is in right the place, recorded correctly and all up to date, it is one less thing to worry about. Not only can you relax, but it leaves time to focus on other more important areas of the business such as marketing. 

Not forgetting, the advantages of being on top of your bookkeeping gives you the knowledge of which areas are working best and bringing in the most profit as well as areas that perhaps need some more work. Accurate books can be a key insight into how to improve and ultimately grow your business. 

Not all business owners have the time to keep their books accurate and manage the bookkeeping in-house. If you struggle with not having enough hours in the day and the bookkeeping always seems to be at the bottom of your to do list, why not consider hiring a bookkeeper? The money you would spend on a bookkeeper is essentially invaluable to your time. Take the burden of trying to keep everything organised yourself and pass it to a bookkeeper. 

Here at Books and Business we offer a bespoke bookkeeping service that can be tailored exactly to your business needs. From a full bookkeeping service to a more ad hoc or training type service, we have a package suitable for every business. Get in touch for a quote by emailing admin@booksandbusiness.co.uk