by | Feb 21, 2019 | Bookkeeping

DIY Bookkeeping is Costing You Money

small business bookkeeping

It’s a big job to run a construction business and managing your books is a critical part of the work. You’ve got a lot on your plate and adding a heaping helping of accounting might not be easy to digest. Learning about bookkeeping service costs will help you decide whether to do your own books, hire an employee or look for outside help. Let’s take a look at the options and see what will be the best fit for you and your business.

DIY Bookkeeping

If you are just getting started, bookkeeping may revolve around the day-to-day basics such as estimating, invoicing, bill paying and payroll. It may seem like doing the books yourself will save money, however, think about the value of your time and how your skills bring you the most money. Doing the books yourself does save cash out-of-pocket but what are you giving up when it comes to lost income when your time is spent on bookwork? Is this extra duty keeping you from bidding on new work, making sure jobs stay on schedule and taking excellent care of your clients? Answering these questions will help you decide if adding evening and weekend work to handle your books is a good use of your time.

Hiring an Employee

Bringing a bookkeeper on board may be a great solution and can run anywhere from $400.00 to $800.00 per month for a part-time employee to $3,000.00 to $4,500.00 per month for a full-time staff member. An employee comes with the added cost of state and federal taxes and benefits. Your in-house bookkeeper will also need software and supplies to perform the duties necessary to keep your business moving forward. Having an employee on site comes with benefits too; you can communicate as needed and be as involved as you would like in the oversight of your business accounting.

Hiring Out

Your clients hire you because you are an expert at what you do. Hiring an outside bookkeeping service may be an excellent option for you if you are in search of a service provider with construction accounting experience. Outside bookkeeping services can run the gamut from the basics like invoices, payroll and bill paying to full-service accounting, which includes quarterly and annual taxes and more complex financial undertakings. Companies offering bookkeeping and accounting services range in cost from $500.00 to $2,500.00 per month.

Choosing How You will Manage the Books

Construction accounting requires knowledge of how the industry functions and often means more than cutting checks and balancing the books. Sometimes you need more than the basics and could use a hand with administrative tasks too. Blue Collar Back Office is unique – we own and run a construction company and we know exactly what you’re up against. We offer professional level financial and administrative services to companies just like yours. Our services can be on an as-needed basis for your growing business and our Quickbooks Certified Pro Advisors know the ins and outs of construction bookkeeping. Choosing which route to take for bookkeeping services frees you up to be in the field and focused on the what you do best.

DIY Bookkeeping is Costing You Money

small business bookkeeping

It’s a big job to run a construction business and managing your books is a critical part of the work. You’ve got a lot on your plate and adding a heaping helping of accounting might not be easy to digest. Learning about bookkeeping service costs will help you decide whether to do your own books, hire an employee or look for outside help. Let’s take a look at the options and see what will be the best fit for you and your business.

DIY Bookkeeping

If you are just getting started, bookkeeping may revolve around the day-to-day basics such as estimating, invoicing, bill paying and payroll. It may seem like doing the books yourself will save money, however, think about the value of your time and how your skills bring you the most money. Doing the books yourself does save cash out-of-pocket but what are you giving up when it comes to lost income when your time is spent on bookwork? Is this extra duty keeping you from bidding on new work, making sure jobs stay on schedule and taking excellent care of your clients? Answering these questions will help you decide if adding evening and weekend work to handle your books is a good use of your time.

Hiring an Employee

Bringing a bookkeeper on board may be a great solution and can run anywhere from $400.00 to $800.00 per month for a part-time employee to $3,000.00 to $4,500.00 per month for a full-time staff member. An employee comes with the added cost of state and federal taxes and benefits. Your in-house bookkeeper will also need software and supplies to perform the duties necessary to keep your business moving forward. Having an employee on site comes with benefits too; you can communicate as needed and be as involved as you would like in the oversight of your business accounting.

Hiring Out

Your clients hire you because you are an expert at what you do. Hiring an outside bookkeeping service may be an excellent option for you if you are in search of a service provider with construction accounting experience. Outside bookkeeping services can run the gamut from the basics like invoices, payroll and bill paying to full-service accounting, which includes quarterly and annual taxes and more complex financial undertakings. Companies offering bookkeeping and accounting services range in cost from $500.00 to $2,500.00 per month.

Choosing How You will Manage the Books

Construction accounting requires knowledge of how the industry functions and often means more than cutting checks and balancing the books. Sometimes you need more than the basics and could use a hand with administrative tasks too. Blue Collar Back Office is unique – we own and run a construction company and we know exactly what you’re up against. We offer professional level financial and administrative services to companies just like yours. Our services can be on an as-needed basis for your growing business and our Quickbooks Certified Pro Advisors know the ins and outs of construction bookkeeping. Choosing which route to take for bookkeeping services frees you up to be in the field and focused on the what you do best.

DIY Bookkeeping is Costing You Money

small business bookkeeping

It’s a big job to run a construction business and managing your books is a critical part of the work. You’ve got a lot on your plate and adding a heaping helping of accounting might not be easy to digest. Learning about bookkeeping service costs will help you decide whether to do your own books, hire an employee or look for outside help. Let’s take a look at the options and see what will be the best fit for you and your business.

DIY Bookkeeping

If you are just getting started, bookkeeping may revolve around the day-to-day basics such as estimating, invoicing, bill paying and payroll. It may seem like doing the books yourself will save money, however, think about the value of your time and how your skills bring you the most money. Doing the books yourself does save cash out-of-pocket but what are you giving up when it comes to lost income when your time is spent on bookwork? Is this extra duty keeping you from bidding on new work, making sure jobs stay on schedule and taking excellent care of your clients? Answering these questions will help you decide if adding evening and weekend work to handle your books is a good use of your time.

Hiring an Employee

Bringing a bookkeeper on board may be a great solution and can run anywhere from $400.00 to $800.00 per month for a part-time employee to $3,000.00 to $4,500.00 per month for a full-time staff member. An employee comes with the added cost of state and federal taxes and benefits. Your in-house bookkeeper will also need software and supplies to perform the duties necessary to keep your business moving forward. Having an employee on site comes with benefits too; you can communicate as needed and be as involved as you would like in the oversight of your business accounting.

Hiring Out

Your clients hire you because you are an expert at what you do. Hiring an outside bookkeeping service may be an excellent option for you if you are in search of a service provider with construction accounting experience. Outside bookkeeping services can run the gamut from the basics like invoices, payroll and bill paying to full-service accounting, which includes quarterly and annual taxes and more complex financial undertakings. Companies offering bookkeeping and accounting services range in cost from $500.00 to $2,500.00 per month.

Choosing How You will Manage the Books

Construction accounting requires knowledge of how the industry functions and often means more than cutting checks and balancing the books. Sometimes you need more than the basics and could use a hand with administrative tasks too. Blue Collar Back Office is unique – we own and run a construction company and we know exactly what you’re up against. We offer professional level financial and administrative services to companies just like yours. Our services can be on an as-needed basis for your growing business and our Quickbooks Certified Pro Advisors know the ins and outs of construction bookkeeping. Choosing which route to take for bookkeeping services frees you up to be in the field and focused on the what you do best.

DIY Bookkeeping is Costing You Money

small business bookkeeping

It’s a big job to run a construction business and managing your books is a critical part of the work. You’ve got a lot on your plate and adding a heaping helping of accounting might not be easy to digest. Learning about bookkeeping service costs will help you decide whether to do your own books, hire an employee or look for outside help. Let’s take a look at the options and see what will be the best fit for you and your business.

DIY Bookkeeping

If you are just getting started, bookkeeping may revolve around the day-to-day basics such as estimating, invoicing, bill paying and payroll. It may seem like doing the books yourself will save money, however, think about the value of your time and how your skills bring you the most money. Doing the books yourself does save cash out-of-pocket but what are you giving up when it comes to lost income when your time is spent on bookwork? Is this extra duty keeping you from bidding on new work, making sure jobs stay on schedule and taking excellent care of your clients? Answering these questions will help you decide if adding evening and weekend work to handle your books is a good use of your time.

Hiring an Employee

Bringing a bookkeeper on board may be a great solution and can run anywhere from $400.00 to $800.00 per month for a part-time employee to $3,000.00 to $4,500.00 per month for a full-time staff member. An employee comes with the added cost of state and federal taxes and benefits. Your in-house bookkeeper will also need software and supplies to perform the duties necessary to keep your business moving forward. Having an employee on site comes with benefits too; you can communicate as needed and be as involved as you would like in the oversight of your business accounting.

Hiring Out

Your clients hire you because you are an expert at what you do. Hiring an outside bookkeeping service may be an excellent option for you if you are in search of a service provider with construction accounting experience. Outside bookkeeping services can run the gamut from the basics like invoices, payroll and bill paying to full-service accounting, which includes quarterly and annual taxes and more complex financial undertakings. Companies offering bookkeeping and accounting services range in cost from $500.00 to $2,500.00 per month.

Choosing How You will Manage the Books

Construction accounting requires knowledge of how the industry functions and often means more than cutting checks and balancing the books. Sometimes you need more than the basics and could use a hand with administrative tasks too. Blue Collar Back Office is unique – we own and run a construction company and we know exactly what you’re up against. We offer professional level financial and administrative services to companies just like yours. Our services can be on an as-needed basis for your growing business and our Quickbooks Certified Pro Advisors know the ins and outs of construction bookkeeping. Choosing which route to take for bookkeeping services frees you up to be in the field and focused on the what you do best.

Questions about Quickbooks? Give us a shout...

5 + 3 =