| Every time you turn around the news is talking | | | | days a year. How many sales calls can you do in |
| about the deteriorating state of the economy. | | | | a day 3-4 that's between 150 and 200 extra sales |
| "7% of Minnesotans' are unemployed in the | | | | calls per year how much would that effect your |
| month of January". "The Deficit is going to | | | | bottom line? |
| increase by 1.4 trillion in 2010". Times are tough | | | | The going rate for a bookkeeper in Minnesota is |
| and the outlook for the future is not good. What | | | | around $34000 per year, $16.50 an hour. If you |
| does that mean for a business owner? Sales | | | | add to that another 25% in overhead (taxes, |
| cycles are long and spending is limited or non | | | | insurance, vacation) on average in Minnesota a |
| existent. Consumers and businesses that are | | | | bookkeeper will run you almost $45000 a year. |
| spending money have the advantage. They | | | | This is the decision most small businesses are |
| know it pushes down prices and shortens the lead | | | | faced with. Can this extra cost be covered?. |
| time. Business owners have to be on their | | | | Most would say no. But, consider that a |
| game, controlling cost, focusing on your core | | | | bookkeeping service only works when the need is |
| customers and scratching for all the business you | | | | there. Even at $25 per hour if they work 4 |
| can. | | | | hours a day that $26000 per and no overhead, |
| Now is the time to think about a bookkeeper. | | | | your saving almost $20,000 per year! A |
| I know what you're thinking how does hiring | | | | bookkeeping service is on demand, a bookkeeper |
| someone help me cut costs? The answer is | | | | is all or nothing and the difference in term of your |
| hiring a bookkeeper won't cut costs, but there | | | | dollars can be significant. |
| are alternative to hiring employee's. Bookkeeping | | | | Today's economy is forcing business to beat the |
| services are an up and coming trend for many | | | | bushes for every scrap of business they can. |
| small and mid sized businesses owners. The | | | | Business owners have to focus more and more |
| trend is gaining stream for to reasons; time and | | | | heavily on sales efforts, customer contact, and |
| money. | | | | networking. This leaves the day to day and |
| I read an article the other day that said 61% of | | | | financial management tasks necessary in keeping |
| small business owners work 6 days a week and | | | | a business running smoothly and efficiently |
| 20% work 7 days a week. How much of that | | | | unattended. The growing trend of bookkeeping |
| time is spent doing paperwork? 1 in 6 days? If | | | | services is a viable and cost effective alternative |
| you spent that day, just that 1 extra day a week | | | | to a traditional in house bookkeeper. |
| focused on generating more sales that's 52 extra | | | | |