Should I Outsource my Bookkeeping?

As a small business owner or manager, you might choose to start out by handling the bookkeeping on your own. If you’re unsure, here are our recommendations on when to consider outsourcing this task:
  • The complexity of your business has grown beyond where you (the business owner or family member) have time and resources to do the bookkeeping.

  • Bookkeeping isn’t your area of expertise and you’re not sure if you’re keeping adequate records.
  • The bank is asking for financial reports that you can’t produce on your own.
  • You’ve fallen behind in tax remittances (GST, payroll deductions, etc).