HOW TO KNOW WHEN IT’S TIME TO HIRE FINANCIAL HELP
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There’s a reality among small-business owners and entrepreneurs. They want to do everything. Whether their business is brand-new or long established, small-business owners tend to struggle with delegation. This includes the financial side of the business. Another reality: There are times when you need to hand over the financial reins to someone else, someone who is more capable and has the expertise to ensure your business has the financial foundation it needs to move forward and, hopefully, prosper. The answer won’t surprise you. It comes down to one primary factor: time. When you, as a business owner, are spending too much time on the finances, it’s time to call for help. When you want to grow your business, time is one of your most precious resources. You have to manage it wisely. For many businesses, managing finances is a full-time job, but it isn’t always treated as one. If you are starting How do you know when it’s time to call in someone to manage your books?
to wonder if it’s time to delegate this task, that means bringing in help is probably long overdue.
The biggest sign you are spending too much time looking at your numbers is when you find your company is not reaching growth or production goals. As one small-business owner, Kelly Barker, learned, focusing too much time on bookkeeping meant she sacrificed the success of her company, Prep Cosmetics, in key areas. Speaking to Inc.com, Barker imparted the following insight: “Whatever it is, find a way to outsource it, especially if it’s not a lot of cost. Because time is such a factor, and if it isn’t driving success, it’s not worth your time.” You might ask, “Isn’t hiring someone to help with finances costly?” Hiring a bookkeeper comes with a cost. However, once your finances are under control with the guidance of a financial pro, there is a good chance it will end up paying for itself. We are proud to know a number of great accountants and bookkeepers who are able to serve any size firm in any industry. Just ask us for a referral!
CLIENT SPOTLIGHT
THE CONCIERGE LIFESTYLE
In Business To Help You Get More Done
Concierge Lifestyle is a business dedicated to helping individuals and families free up their time for things they want to do, rather than just managing what they have to. From housekeeping and pet care to specialty store shopping to dry cleaning and laundry, as well as party planning provided through screened and trusted preferred partners, Concierge Lifestyle offers a number of premiere services people are looking for today. As a membership-based business, their members are assigned a dedicated personal concierge who will provide a one-to-one consultation in order to create a customized membership plan. The personal concierge will then take care of setting appointments to have the selected premiere services arranged on the days and at the times that the member desires. Their members also enjoy two hours of personal concierge services per month during which their personal concierge can perform other tasks such as customer service phone tasks; set up utilities like cable, phone,
and electric service; gift shopping; dinner reservations; obtain theater tickets, etc. Also included are two phone calls per month to follow up on how the
premiere services are working, and to provide reminder services to members for upcoming important life events, birthdays, holidays, anniversaries, and so on. Concierge Lifestyle members have found that when these important, but time-consuming, tasks are taken care of by their personal concierge, they have more free time to spend with the family on picnics or vacations, or a day at the spa with the girls, or golfing with the boys. They report that the quality of their lives has been greatly enhanced!
To learn more about Concierge Lifestyle, simply visit conciergelifestyle.us or give them a call at 631-848-5599.
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