Bookkeeping Service - Why It's a Great Choice For Minnesota Small Business Owners in This Economy

Every time you turn around the news is talking aboutcalls can you do in a day 3-4 that's between 150 and
the deteriorating state of the economy. "7% of200 extra sales calls per year how much would that
Minnesotans' are unemployed in the month of January".effect your bottom line?
"The Deficit is going to increase by 1.4 trillion in 2010".The going rate for a bookkeeper in Minnesota is
Times are tough and the outlook for the future is notaround $34000 per year, $16.50 an hour. If you add to
good. What does that mean for a business owner?that another 25% in overhead (taxes, insurance,
Sales cycles are long and spending is limited.vacation) on average in Minnesota a bookkeeper will
Consumers and businesses that are spending moneyrun you almost $45000 a year. This is the decision
have the advantage. They know it pushes downmost small businesses are faced with. Can this extra
prices and shortens the lead time. Business ownerscost be covered?. Most would say no. But, consider
have to be on your game, controlling cost, focusing onthat a bookkeeping service only works when the need
your core customers and scratching for all theis there. Even at $25 per hour if they work 4 hours a
business you can.day that $26000 per and no overhead, your saving
Now is the time to think about a bookkeeper. I knowalmost $20,000 per year! A bookkeeping service is on
what you're thinking how does hiring someone help medemand, a bookkeeper is all or nothing and the
cut costs? The answer is, hiring a bookkeeper won'tdifference in term of your dollars can be significant.
cut costs, but there are alternatives to hiring anToday's economy is forcing business to beat the
employee. Bookkeeping services are an up andbushes for every scrap of business they can.
coming trend for many small and mid sized businessesBusiness owners have to focus more and more
owners. The trend is gaining stream for two reasons,heavily on sales efforts, customer contact, and
time and money.networking. This leaves the day to day and financial
I read an article the other day that said 61% of smallmanagement tasks necessary in keeping a business
business owners work 6 days a week and 20% workrunning smoothly and efficiently unattended. The
7 days a week. How much of that time is spent doinggrowing trend of bookkeeping services is a viable and
paperwork? 1 in 6 days? If you spent that day, justcost effective alternative to a traditional in house
that 1 extra day a week focused on generating morebookkeeper.
sales that's 52 extra days a year. How many sales