When you start your own business, you’ll start out by wearing many hats. And once sales start rolling in, you’ll need to add “keeping track of business expenses and sales revenue” to your already-long list of things to do. Having an original employee keep an eye on the numbers while juggling other business tasks may seem to work during your business’ initial stages, but at some point, the weight of these responsibilities will become too great. Knowing the right time to hire a bookkeeper is crucial to small business success; by waiting too late, you could be creating a deep mess for the bookkeeper to dig you out of.
So, how do you know when the time is right to hire a bookkeeper? We've put together a checklist to help you determine the right timing.