Now is the time!
2020 has been a tough year for many... with plenty of new obstacles and challenges, most of which were not in our control. Job site shut downs, new safety requirements, just overall uncertainty, the list goes on, all it made it more challenging to make decisions and operate your business.
We think its safe to say - we are all ready for a new year! There are several things that you can do to prepare for what the next year brings and set your company up for financial success! And 24hr Bookkeeper is here to help with the steps you can take now to get yourself ready for 2021!
Steps to Success
Step 1: Lay your financial foundation.
Your financial foundation or base is the core of your accounting. When you have this set up correctly, it makes managing your business and making big decisions so much easier. Find out common issues you see if your base is not set up properly and more ways it can benefit you here!
Also, our videos have some more great information about setting up a financial base, what goes into it and how 24hr Bookkeeper can help.
Step 2: Clean up your financial books.
Having inaccurate or outdated books can be detrimental to your construction business. But having the time to keep them up is a real challenge. How does this affect your business? Learn why it is so important.
Continue to watch our YouTube page for more tips to get your books cleaned up to start 2021 fresh!
Step 3: Manage your business online and integrate your software.
When you manage your business financials and projects from spreadsheets, so much valuable time is spent manually setting up files, entering data in multiple locations and troubleshooting your files. Good news! There is a much easier way - and having integrated software is the key!
Check out more videos with tips to getting online and integrating your software.
Step 4: Create A Well-Oiled Financial Workflow
When it comes to you financials, do you often find yourself asking questions like, "What do I need to do? Who does this? When do I need to do this?", it is a good indication that you need to revisit or put in a financial workflow. Your finances are so important and need to have good processes to follow. Find out more on financial workflows and where to start here.
Our videos go into depth on a few examples of workflows that you can implement into your business.
Step 5: It's Time to Outsource Your Bookkeeping
With so many other things to do when managing a business, it's not surprise that your bookkeeping falls to the wayside. But having accurate financials is so extremely important to running and growing your business. Instead of spinning your wheels on bookkeeping and accounting, try outsourcing all of that to a professional like 24hr Bookkeeper.
Also, check out some videos with more information on outsourcing your bookkeeping and financials.
There is still time!
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