The technology of Xero puts small business owners back in control by giving you the choice on how little or how much of your bookkeeping to outsource. All the while, you have 100% visibility over your financial data.
Bookkeeping is one of those things that every business owner has to do but many of them just don’t like it. It’s often seen as a necessary chore that doesn’t seem to add any value to the business. At Escape Bookkeeping, we understand that but we see it a little differently. We know that every business starts and ends with money – with a million things going on in between to make the business happen.
When you’re running a business working 50-70 hours per week, you need to know what’s happening with the money right? So, where do you find the answers? Hopefully you’re looking much further than just your bank balance.
Accurate and timely bookkeeping is the foundation for solid financial management. Without it, you might find yourself relying solely on your bank balance to make crucial financial decisions. Eventually, that could bring you unstuck because a bank balance is just one aspect of managing your cash flow. No cash means no business.
To be successful in business is to know that you are not always the best person for every job. Smart business owners recognise when they lack a particular skill, competence or desire, then go and find someone who has the right attributes and expertise to fill that gap. The choice then becomes: employ or outsource?