Avoiding Common Franchisor Bookkeeping Mistakes
April 15, 2024
What happens when franchisors make bookkeeping mistakes? They can face harmful financial inaccuracies, compliance issues, and worst of all, strained... Read More
April 15, 2024
What happens when franchisors make bookkeeping mistakes? They can face harmful financial inaccuracies, compliance issues, and worst of all, strained... Read More
April 1, 2024
When you buy a franchise, you become responsible for managing the financial records of your business. You also need to comply with brand requirements... Read More
March 1, 2024
Professional bookkeeping firms like BookWerksTM take the stress out of tax time for small businesses like yours. Our bookkeepers have years of... Read More
February 15, 2024
After working with Franchisors across the country for many years, we here at BookWerksTM have been able to show our clients that outsourced... Read More
December 15, 2023
Every small business owner knows efficiency is the secret sauce. Managing your finances–while extremely important–can derail efficiency... Read More
November 15, 2023
Have you ever thought, “Why should I use a bookkeeping service when I can just do it myself?” We get it. As a small business owner, you’re used... Read More
September 15, 2023
Small business owners can benefit from outsourcing their bookkeeping services in many ways. As an entrepreneur, you’re juggling a lot. You may be... Read More
September 1, 2023
In today’s interconnected world, proximity no longer limits businesses when it comes to choosing a bookkeeping company. Thanks to advancements in... Read More
August 15, 2023
Maintaining accurate, organized, up-to-date financial records is crucial to small business success. While some business owners choose to handle their... Read More
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The services of bookkeepers and accountants for small business dovetail like those of dentist and dental hygienists, and both are crucial to small businesses. Bookkeepers like BookWerksTM keep track of day-to-day financial transactions and clean up errors or omissions. Our job is to provide regular, timely, accurate reports to help you make smart decisions. Then, at tax time, your accountant can efficiently file your taxes with the information we provide. The accountant, like your dentist, is more highly trained, and therefore, more expensive. Your bookkeeper doesn’t NEED to know everything your accountant does, but conscientious work on the bookkeeper’s part makes the accountant’s job simpler (and saves you money). Accountants appreciate good bookkeepers and vice versa. Each complements the other to help their small business clients thrive. When you have your accountant handle the recording of daily income and expenses, you are paying too much, and not making the best use of their strengths.