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Three Business Accounting Options for Fast-Growing Companies

Author : Bill Gerber
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If you’re considering changing the way you do your business accounting, there are several paths to take. Right now, you may have a part-time bookkeeper, or maybe your office manager also keeps your books. This was fine when you were a start-up with annual revenue below half a million dollars. Now, the arrangement just isn’t working. What can you do?

1. Hire a full-time bookkeeper. Of course, many business owners will first consider hiring a full-time business accounting professional to keep their books on a daily basis. But this choice comes with employee overhead, extensive hiring and training processes, and no guarantee you’ll get the right person for the job.

2. Hire a local business accounting professional as an independent contractor. Many bookkeepers who were laid off are hanging out their shingles as independent contractors. These bookkeepers often work from home, and you might meet once a month in your office or at a neutral location, like the local coffeehouse, to go over your financial records once a month. If you plan to log in to the Internet to view your QuickBooks account, keep in mind — most public WiFi networks are not secure!

3. Use professional accounting services online through an established, trustworthy firm. The online business accounting services from AccountingDepartment.com give you the best of all worlds. No overhead, no hiring and training headaches, a secure network, and a guarantee that you’re getting a carefully selected, trained, QuickBooks certified bookkeeper, a software specialist and a financial controller for all your business accounting needs.

 
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