The Benefits of Outsourcing Your Bookkeeping: Seeking Advice for My Small Business

Hello, fellow entrepreneurs!

I hope this message finds you well. I run a small business with a monthly revenue of approximately $10,000, and I’ve been handling the Bookkeeping and payroll tasks on my own using QuickBooks. However, I’ve reached a point where these responsibilities have become quite overwhelming. In particular, the payroll process is consuming around two days of my time each month due to the complexities involved with hourly wages, recalculations, and invoice generation.

During tax season, I typically enlist the help of a freelance CPA, which has worked well for my needs so far. But as my business grows, I’m considering the possibility of outsourcing my Bookkeeping and payroll to a dedicated bookkeeping firm.

I’m reaching out to seek your insights and advice on this matter. What key factors should I consider when selecting a bookkeeping service? Is the investment—around $2,000 per month, which seems to be the standard in my area—worth it? I want to ensure that the time saved translates into more strategic focus on growing my business and serving my customers effectively.

I appreciate any thoughts or experiences you can share on this topic. Thank you!