3 minute read

The Bookkeeper Hub

BOOKKEEPING FOR PASSIONATE PROFIT

At the heart of a successful business, is the books.

And in those books is the tracking and reporting of financial transactions, maintaining records, BAS, reports, balance sheets, income statements and all day-to-day financial transactions. Bookkeeping is the process of tracking all of this.

With the amount of work involved in well-maintained books it is no surprise that a talented bookkeeper with the right level of experience cuts down as much as 80% of the time a business owner spends on their finance admin. That frees up a lot of crucial time that can be used instead to grow your business or increase your profits.

At the Bookkeeper Hub, we can make your bookkeeping feel effortless. That is our passion. You can relax in the trust of knowing your books are in safe, experienced hands. You have better things to do and we want to do the books for you!

Specialising in the Cloud, we meticulously co-ordinate a cloudbased program specifically for you. This means we can seamlessly maintain every single piece of information and source of financial transaction. Experts in Xero, WorkflowMax, Dext and Deputy, at the Bookkeeper Hub we are proud to be making strides as a thought leader within the bookkeeping industry.

As expert bookkeepers, we become part of your business. We make sure everything is perfect for your accountant and your records, and that transactions are working like clockwork.

We are passionate about helping businesses have profit first in our bid to end the entrepreneurial poverty that happens with so many great businesses today.

How does a great bookkeeper start a business on a journey to financial success and freedom?

Using your habits.

We believe you don’t try and change what isn’t broken. Of all the many interacting cogs in the business machine, the ones you don’t need to improve on are the ones that work. If you have some good habits, keep those. We use our expertise to identify what these are within your business model, to evaluate how they help and their profitability. Good habits found within your business are fantastic for cementing what works well.

Know your numbers and use them wisely.

Knowing your numbers is empowering and essential for stable profit and growth. It gives real time knowledge and powerful negotiating and development opportunities. Your numbers give you a clear picture and the information to know when you are using them wisely. As professional bookkeepers, numbers are our game and through us you will know yours with confidence.

Making sure you put money aside for you first – it limits what you can spend on expenses.

From knowing your numbers, we then help you manage your delegation of funds in the most intelligent way possible. This helps you make quality decisions, no more flying by the seat of your pants! Practical management that makes sure you are financially sound and not living in entrepreneurial poverty.

Using regular allocations to smooth out the ebbs and flows of business cashflow.

Cashflow, and the good management of it, make a business run smoother and more productively. It is one of the biggest areas a business benefits from expert bookkeeping assistance in. It needs to be well planned and to allow for ebbs and flows.

Being flexible in the allocation to save for a rainy day or pay off debt.

Creating reserves and clearing down debt are intelligent processes in financial structure through your Bookkeeping is bookkeeping that will reduce stress and enable growth. Rigid structures the glue that don’t allow for movement with natural fluctuations, where a bookkeeper does. keeps your Many business owners are brilliant at what they do for their business, bursting business solidly together... with talent and skills, but they often lack the deep experience and knowledge of bookwork that is essential for it to run as efficiently and smoothly as possible. Limited understanding of legislation and accounting systems can make bookwork for them a headache and time-consuming process of administrative tasks that can feel wearing and even daunting. For a business owner their bookwork can often not be an efficient use of their time and skill. It brings them no monetary return, whereas time spent working in their business is incredibly valuable and generates income. And for the business owners that do enjoy their own bookkeeping tasks we can assist with professional training, guidance and support to ensure it runs smoothly and advantageously. Bookkeeping is the glue that keeps your business solidly together, and we are here to help! ca