Have you ever thought of how much more profitable your small business could be if you’re laser-focused on tasks that would contribute to its growth?
Think of the possibilities!
You are already wearing too many hats as a small business owner. Keeping your books accurate and updated is a task that should be left to an expert bookkeeper.
Leverage on the expertise of our small business bookkeepers so you can channel all your energy into creating happy clients. You can be at ease knowing that your books are taken care of and updated accurately.
According to the latest report from LendingTree, 29% of new businesses fail because of cash flow problems. It is the 2nd top reason why startup companies fold, with the lack of demand for product or service being the no.1 reason.
This underscores the importance of proper cash flow in businesses.
One of the most effective ways to managing your cash flow is keeping your books correct and up to date.
Effective bookkeeping will accurately show you how much money is going in and out of your small business and which areas you’re making or losing money. This helps you manage your cash flow better.
Other reasons why bookkeeping is crucial to small businesses are:
When your income and expenses are properly organized by your bookkeeper, you can quickly take a look at your financial status to help you plan for future expenses.
We know how many small business owners struggle to have their taxes filed come tax season. Having a bookkeeper in your team will make sure that your records are updated and accurate so you’re always prepared for tax time.
Putting all your records in their proper places, who has the time for that, right? Well, we do! Our small business bookkeepers at miplly will ensure that your books are maintained organized. This is also beneficial in case the IRS decides to do an audit on your company.
It makes sense for every small business to want to grow; however, poor financial records might prevent this from happening. To accelerate your business, you need investors. Without proper records to show your business’ financial health to possible investors, it will be impossible to get the funding you need.
In addition, proper record-keeping is key to maintaining great investor relationships.
Stress and panic are best friends of business owners, especially when tax deadlines are on the horizon.
Having a team of experts look over your small business bookkeeping frees you from worrying if your books are updated. You can be at ease knowing that your financial records are ready for tax time.
From helping you achieve a positive cash flow to allowing you to focus on other areas of your business, you now know how crucial bookkeeping is for small businesses.
Start your free 30-day trial period today and see the advantages of having a bookkeeper for your business.
We understand how crucial it is for small businesses to keep their costs in check. And you might be thinking that hiring a bookkeeper is another thing that could add to your expenses.
However, it’s also important to remember that having a bookkeeper oversee your small business’ finances is a wise investment. With a bookkeeper in your team you can: 1. Leverage on their expertise on numbers that you may not possess; and 2. Focus on more crucial things that bring growth to your business.
At miplly, we offer three types of plans to small business clients, depending on your needs.
Although you don’t need to be a numbers wiz to manage your books, it doesn’t mean that the process that goes with bookkeeping is suited for everyone.
Especially if you are a small business owner, making sure that your books are updated regularly could be a tedious task. Instead of looking for ways to improve your product or marketing your company, you could spend hours doing bookkeeping when you could easily entrust this to somebody who knows what they’re doing.
If you feel like you’re drowning with so many tasks you need to take care of, start your 30-day free trial today, and see how having a bookkeeper in your team will make your life easier.
Bookkeeping involves regularly recording a company’s financial transactions—sounds simple, right? But the truth is there are a lot more things that bookkeepers can do for you and your small business.
Cost-effective, Expertise, Scalable
It makes sense for small business homeowners to be wary of expenses, such as bringing an in-house staff on board. While bookkeeping is a crucial activity to any business, hiring someone full-time to manage your books might not be the best idea. This is where outsourcing your small business’ bookkeeping is a great strategy.
When you hire miplly, you will be assigned a personal bookkeeper to handle your account. In addition, you’ll be working with a team of number-crunchers whose sole purpose is to help you with your financial records.
Imagine having a number of experts on your side helping you manage your books. Your life would be easier come tax time!
Another great benefit of outsourcing small business bookkeeping to miplly is that it’s cost-effective. You only pay for the services that you need, when you need them.
If all goes well and your small business starts to grow at a fast rate, miplly can scale with you ready to deliver whatever financial services you will require.
Whether you’re a small business looking to upscale or you just need help to prepare for the tax season, miplly can handle your bookkeeping needs so you can focus on what’s best for your business.
Use the reporting tab in the menu on your dashboard to see your monthly, quarterly and yearly financial reports.
We specialize in helping businesses achieve financial freedom through strategic tax solutions. Our expert team navigates complex tax laws, minimizes tax liabilities, and maximizes returns. Trust us for reliable and results-driven tax & accounting services that put you on the path to success.
