The Importance of Bookkeeping: 7 Pillars for Business Survival and Growth
The importance of bookkeeping is often underestimated by enthusiastic entrepreneurs who prefer to focus on product development rather than spreadsheets. In reality, neglecting your financial records is akin to driving a car with a painted-over windshield; you might be moving, but you will eventually crash. For instance, a recent study suggested that 82% of business […]
The Hidden Bill: Why Hiring a Bookkeeping Firm Saves You Money
Most business owners believe the decision to start hiring a bookkeeping firm is triggered by a specific revenue number. Often, they tell themselves, “Once I hit $1 million, I’ll hire a real firm.” However, in reality, revenue is a lagging indicator. The real breaking point isn’t about how much money you make; it’s about complexity […]