Save Money and Grow Your Business with Professional Bookkeeping Services
As a business owner, it’s normal to wear many hats. Facing many challenges is, unfortunately, also part of the job description as a business owner. Challenges which could either see your business suffer or flourish. But if you’re reading this article, then you’re one of many small businesses hit by the COVID-19 pandemic – and you’re feeling the impact.
Over four in ten businesses in South Africa say that they do not have the financial resources to continue operating through and after the COVID-19 outbreak. If you fall into this statistic, you may have had to retrench your valuable, hard-working employees, and now find yourself in a dangerous predicament. Lockdown has left you desperately looking for ways to reduce your monthly costs so you can save money to keep your business going once lockdown is over. Does this sound about right? Here’s how bookkeeping services can put your business back on the map.
Outsourcing Will Help Reduce Costs
As an important part of every business puzzle, you need a professional bookkeeper on your side so you can focus on stock, marketing, and sales. But placing a permanent bookkeeper on the payroll is costly. Whether you’re balancing books on your own or paying a monthly salary to a professional – if you want to save money, then be smart and rather opt to outsource your bookkeeping services.
Bookkeepers Find Money You Never Knew You Had
Bookkeeping can be a great way for small business owners to maximise their capital. Bookkeepers do so much more than record every business transaction, reconcile credit cards and bank statements, maintain records, and analyse profit and loss. They also deal with tax preparation and filing, so when SARS comes knocking, UIF, Payroll, PAYE, Provisional Tax, Capital Gains and Value-Added Tax will be both compliant and ready for submissions.
The job of a bookkeeper is to help grow your money. No other business relationship has such potential to pay off than a bookkeeper. They monitor the money coming in and money going out, and they find the money you never knew you had. By placing your business finances into the hands of an outsourced bookkeeper will help you minimise your risk of failure, not to mention you save money.
Give CHA Group a call and we will demonstrate how we can assist your business save money and grow, especially during this difficult time.