You're starting your own business and one of the things you are considering is doing your bookkeeping yourself. Who needs a professional? How difficult can it be?
First, consider whether doing the books yourself is the best use of your time. Accounting is very detail-oriented. If your books are full of errors come tax time it will be costly having your CPA correct them in order to file an accurate tax return.
Secondly, if you are spending your time on your books, how will you develop and grow your business?
Hiring a professional, be it weekly, monthly or quarterly will allow you the time to do what you need to do to keep your business tracking forward.
Tuesday, July 1, 2008
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