| The task of proper bookkeeping can be a frustrating | | | | Some online firms, especially those located in countries |
| job for any business owner. As the owner you either | | | | such as India, offer their services for as low as |
| do all the work yourself, or pay someone on your | | | | $10-$25 per hour. |
| staff to do the job. It is unlikely that you or your | | | | Some companies are now moving away from the |
| employee is a professional bookkeeper, and hiring one | | | | hourly rates and charging a flat rate based on the |
| to work for you full time would likely cost between | | | | volume of work that must be done. This is an excellent |
| $30,000 and $40,000 per year. If you need, and can | | | | step forward for their clients, as they will know exactly |
| afford, that amount of money you probably do not fall | | | | how much the outsourcing will cost you each month. |
| into the small business category any longer. | | | | For those unfamiliar with bookkeeping practices it can |
| For most business it just does not make sense to | | | | be very scary to pay on an hourly basis, because |
| keep the bookkeeping in-house. Both the owner and | | | | there is always the possibility that the outsourcer could |
| the employee can probably be doing other work that | | | | take advantage of you by adding on additional hours. |
| will have a greater benefit for the company. However, | | | | A typical small business could expect to pay |
| keeping proper financial records cannot be ignored. | | | | anywhere from $300-$500 per month for this job. |
| The solution is to outsource this job to someone who | | | | All of these prices are just generalized estimations, and |
| does this type of work for a living. There are plenty of | | | | to get an exact price you will need to contact a few |
| bookkeeping services out there that will save you time, | | | | bookkeepers to receive a quote. They will most likely |
| frustration, and money each and every month. | | | | ask you some basic questions about your business' |
| The first question you will probably ask is "How much | | | | financials and give you a price based on the work load. |
| do bookkeeping services cost?". The answer to the | | | | It is wise to shop around and find the best price, but |
| question will be unique for each different business | | | | you always need to remember how important your |
| based on the amount of transactions that must be | | | | financial records are. Go with a company that will give |
| recorded and any other additional tasks that will need | | | | good results, and not just the one with the lowest |
| to be carried out. However, you can typically count on | | | | price. |
| this service costing anywhere from $20-$50 per hour. | | | | |