BUILD: Moving Beyond DIY Accounting
As your business grows there is an opportunity to start delegating tasks that you no longer want to do yourself. Knowing which accounting tasks and when to offload those responsibilities can be tough. So we've outlined guidance and best practices based on your business entity type, annual revenue and other important factors to help you make that determination.
Once your business becomes more established, you’re going to want to start transitioning from DIY for some accounting tasks to free up time for yourself. It can be challenging to identify what those tasks should be and when is the best time to make that change. In this episode Keila breaks down the attributes of businesses that fall into the ‘Build’ phase of the entrepreneur journey and what they should be paying attention to.
We highly recommend transitioning to a cloud accounting software platform like Quickbooks to save you time and to prevent headaches during tax time.
Looking for tips, insights, and support with all your accounting needs? Then head over to the Little Fish Resource Library! If you're ready to outsource your Accounting and/or Tax prep needs go to www.littlefishaccounting.com
Find us online:
- Instagram:www.instagram.com/littlefishaccounting
- Facebook: www.facebook.com/littlefishacctg
Creators and Guests
Host
Keila Hill-Trawick, CPA, MBA
Helping entrepreneurs create and maintain the business they want | Building to Enough | LinkedIn Top Voice | Intuit Partner Council | Accounting Firm Owner