Most small business owners know that time is often much more valuable than money, and if there’s an opportunity to free up more hours in a day, that is worth gold.
Outsourcing your bookkeeping will cost you between $ 500 to $2000 plus, which is the reason so many SMB owners simply do the bookkeeping themselves. Yet more than 25% of small business owners spend over 100 hours per year working on their Federal taxes alone! And 40% of owners say bookkeeping and taxes are the worst part of owning a small business.
So, any time-saving opportunity is not only a windfall to your wallet, but lessons your stress levels and increases your available time, that can be changed from "expense time" to "income time" with good results, plus your mental health will improve as well!
Smart accounting software can turn hours of bookkeeping drudgery into minutes with smarter invoicing, expense tracking, reporting, and analysis. There are many good options available to suit your specific situation, and most have a free trial available, so try them out and see just how much time it can save for your business.